- Target:
- Alochona.org
- Region:
- Bangladesh
- Website:
- www.alochona.org
Bangladesh and India have ended three days of acrimonious trade talks, leaving major disputes unresolved.
A huge trade deficit with its giant neighbour has caused Bangladesh to requested tariff exemptions on 191 items, of which India agreed to 40.
"The duty-free access to 40 items will not make much difference considering the size of the (trade) imbalance," Bangladesh's Commerce Secretary Suhel Ahmed said.
The items range from prepared foods and toiletries to leather products and electrical goods, a joint statement said.
The Bangladesh's trade deficit ballooned to $1.1bn in 2001 from $53.3m in 1985, which has caused growing unease among Bangladeshi exporters.
Sourve: BBC World
http://news.bbc.co.uk/hi/english/business/newsid_1921000/1921500.stm
Should we boycott Indian products, Yes or No?
Should bangladesh increase tariff on high volume imported products from India?
If you believe Bangladesh has received a raw deal in these negotiations, please sign this petition.
Going forward, please sign for a Better Trade Deal for Bangladesh.
You can further help this campaign by sponsoring it
The Better Trade Deal for Bangladesh petition to Alochona.org was written by Sukarno Khan and is in the category Business at GoPetition.