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Bangladesh minister urges India to lift duty on jute
02
Feb '17
Commerce minister of Bangladesh Tofail Ahmed has urged India to adopt measures to remove trade barriers in order to increase export-import between the two countries. He also stressed on the need for lifting anti-dumping duty on jute products as the imposition of the duty could have adverse effects on the import and export of these items.

Trade barriers affect exports from Bangladesh to India, said Ahmed during a meeting with Nirmala Sitaraman, Indian trade and industries minister, in Andhra Pradesh after the inaugural function of a two-day partnership summit organised by ministry for trade and industries and the Indian Chamber of Commerce.

The minister from Bangladesh suggested that official talks should be held between both countries to remove trade barriers, according to Bangladeshi media reports.

Bangladesh’s GDP growth is 7.11 per cent and the country is progressing socially as well as economically, said Ahmed. It is the second largest exporter in the region after India, with total exports amounting $34 billion, he added. (KD)

Fibre2Fashion News Desk – India


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