Dhaka wants removal of tariff, non-tariff barriers to reduce trade deficit with Delhi

Bangladesh has expressed satisfaction with increasing trade with India and emphasised removing all tariff and non-tariff barriers to reduce the trade deficit.

At the foreign office consultation (FOC) Wednesday, Bangladesh sought India’s cooperation in resolving the pending issues, especially, concluding water-sharing treaties, including Teesta.

Bangladesh also emphasised maintaining a predictable flow of commodities from India for a stable market in Bangladesh.

Foreign Secretary Masud Bin Momen and Foreign Secretary of India Vinay Mohan Kwatra led their respective delegations at the FOC held at the Foreign Service Academy.

Masud congratulated India for taking the presidency of the G20 and thanked it for inviting Bangladesh as a “guest country.”

The Indian foreign secretary said they included Bangladesh as a guest country for sharing the experience of the growth trajectory of Bangladesh achieved under the “visionary leadership” of Prime Minister Sheikh Hasina with other members of G20.

Kwatra described Bangladesh as India’s trusted friend and reiterated that India is “committed to working with Bangladesh in the coming days.”

He said Bangladesh is one of the most important pillars towards India’s “Neighbourhood First Policy” and a key partner to its “Act East Policy.”

He also emphasised exploring and working together in emerging sectors for cooperation.

Source : unb.com.bd/category/ For More Details

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