• Linkdin

Bangladesh wants duty-free entry of 42 products into Nepal

26 Nov '20
2 min read
Pic: Shutterstock
Pic: Shutterstock

Bangladesh recently sought duty-free entry of 42 products, including garments, into Nepal under the proposed preferential trade agreement (PTA). The country’s commerce ministry recently handed over the list of products to the Nepalese government, which is expected reply this month. Nepal had earlier sought duty-free access of 20 of its products to Bangladesh and Dhaka had agreed to that.

The proposed PTA draft will be finalised only after Nepal's agrees to the list of products sent by Bangladesh. The draft will then be presented to the cabinet for approval.

If finalised, it will be the second such trade deal for Bangladesh, which will sign its first PTA with Bhutan on December 6, according to a Bangla newspaper report.

The list of Bangladeshi products sent to Nepal includes readymade garments, refrigerators, motorcycles, medicines, potatoes, chewing gum, sweet biscuits, toast biscuits, jam-jelly, fruit and vegetable juices, plastic tableware, kitchen wires, uncoated paper and paperboard, wooden office and home furniture and plastic furniture.

The products that Nepal wanted a duty-free access in the market of Bangladesh are: green vegetables, lentils, cardamom, ginger, various fruits, tea, coffee, herbal products, brooms, noodles, mineral water, clinker and cement, dairy products, handmade paper, carpets made of wool, pashmina (winter sheet or shawl), footwear, silver jewellery and contact lenses.

Fibre2Fashion News Desk (DS)

Leave your Comments

Esteemed Clients

TÜYAP IHTISAS FUARLARI A.S.
Tradewind International Servicing
Thermore (Far East) Ltd.
The LYCRA Company Singapore  Pte. Ltd
Thai Trade Center
Thai Acrylic Fibre Company Limited
TEXVALLEY MARKET LIMITED
TESTEX AG, Swiss Textile Testing Institute
Telangana State Industrial Infrastructure Corporation Limited (TSllC Ltd)
Taiwan Textile Federation (TTF)
SUZHOU TUE HI-TECH NONWOVEN MACHINERY CO.,LTD
Stahl Holdings B.V.,
Advanced Search