India has to move forward for removing trade barriers: Tofail

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DHAKA : Commerce Minister Tofail Ahmed has said Bangladesh-India bilateral trade could further be boosted through mutual cooperation and removing duty barriers in regard to exports of Bangladeshi products.

“Bangladesh is expecting that the existing complexities in bilateral trade are possible to solve through discussion, and India has to move forward for it,” he added.

The commerce minister passed the remarks while addressing the plenary session of “India’s Integration with South and Southeast Asia” on the second day of Partnership Summit on Saturday night held in Indian port city of Vishakhapatnam organized by Indian Chamber of Commerce along with Commerce and Industries Ministry, said a ministry press release today.

He said Bangladesh has lots of expectation to India as a big neighboring country and bilateral trade between the countries could be enhanced through mutual understanding.

Terming India as a big market, Tofail said India has offered duty and quota free market access to all Bangladeshi products excepting tobacco and liquor. “But, Bangladesh cannot export as per expectation due to duty complexities.”

Indian Commerce and Industries Minister Nirmala Sitharaman and Nepalese Commerce Minister Romi Gauchan Thakali, among others, spoke on the session.

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