THE Indian Prime Minister, Dr Manmohan Singh, today announced duty-free
import of 61 items, which include 46 textile items, from Bangladesh that were
hitherto barred from import into India.
Dr
Singh, who on his maiden bilateral visit to Bangladesh, said that India was
“fully alive to the problem of trade imbalance between India and
Bangladesh.”
Bangladesh has long complained that trade with India was
grossly unequal with India selling about $3 billion in goods to Bangladesh
against the latter’s export of about $400 million business in jute, ammonia and
garments.
Singh said India has embarked on a series of measures to improve
border infrastructure for trade and this will facilitate Bangladesh's exports to
India and provide it greater opening to India and other neighbouring
countries.
He
said India is also addressing issues relating to non-tariff barriers raised by
Bangladesh for entry of its goods into Indian market.
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