Dhaka Eyes DF Access To India For 232 Products
Wednesday, 06 January 2010

Bangladesh will seek duty free access for 232 products, including ready-made garments, to India during prime minister Sheikh Hasina's visit to Delhi next week, commerce minister said Tuesday.

Some 460 Bangladeshi items are currently in India's blacklist.

If India provides Bangladesh with the opportunities, trade gap will be narrowed between the two countries, commerce minister Faruque Khan told the journalists after a meeting with the delegation of Metropolitan Chamber of Commerce and Industry at the Secretariat on Tuesday.

The delegation included newly elected president of MCCI, M Anis Ud Dowla, former president Abdul Hafiz Chowdhury, members Syed Abu Naser Bakhtiar Ahmed, Syed Tareq Md Ali, Anjan Chowdhury and secretary Faruk Ahmed.

MCCI leaders put forward a 11-point recommendation that includes curbing price hike, maintaining law and order, strengthening TCB.

Terming one year period of the government as successful, the minister said, the government succeeded in checking price spiral, creating international markets for local products and ensuring duty free access of Bangladeshi products into different countries including US.

He said price of rice is within the affordability of common people. The price of rice in Bangladesh is similar to that of India, he said.

Prices of necessities excepting pulse, onion and potato are stable, he said adding
necessary steps have been taken to bring prices down.

On the prime minister's India tour from Jan 11-14, he said, the government is keen to bridge trade gap with India by getting access of Bangladeshi products into that country.

Pointing to Bangladesh's success in international trade, he said Bangladesh has achieved export target of Tk 1010 billion during the last fiscal year.

The target is set at Tk 1025 billion, he said

Source: bdnews24.com

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