Bangladesh Commerce Minister Tofail Ahmed after attending the inaugural function of a two-day partnership summit organized by Indian Chamber of Commerce and Ministry for Trade and Industries, called on the Indian Minister to take steps so that tariff and non-tariff barriers cannot hinder bilateral trade.
Referring to imposition of anti-dumping duty by India on jute goods from Bangladesh, the commerce minister said that this will adversely import export of jute products. He stressed the need for lifting anti-dumping taxes and holding official talks to remove trade barriers.
Bangladesh cannot export expected volume of goods to India because of trade barriers.
While holding a meeting with Indian Trade and Industries Minister Nirmala Sitaraman at Vishakhapatnam in Andhra Pradesh in India Tofail said that Export-import should be increased by barriers to Bangladesh’s trade with India.
Bangladesh is progressing fast in social and economic sectors under the dynamic leadership of Prime Minister Sheikh Hasina. The current GDP growth rate in Bangladesh is 7.11 against 7.6 in India, Tofail added.
Bangladesh is the second largest exporting country in this region after India with an export volume of US$ 34 billion, Tofail Ahmed said, adding that the global research organizations have appreciated Bangladesh’s advancement.
Tokyo-based Teijin Frontier has developed a new multi-functional textile for sports and outdoor clothing that offers improved comfort and cooling…
In a major step towards reviving Telangana’s handloom traditions and environmentally responsible fashion, BRS Working President launched Singidi Collective.
The latest Mini models make wide use of recycled knitted fabrics in their interiors, combining simplicity, sustainability, and modern aesthetics.
BRM, a leader in the design and manufacturing of engineered woven fabrics, has highlighted its advanced webbing solutions developed for…
Himachal Pradesh has announced a new policy to encourage regulated cultivation of industrial hemp, promoting plans for sustainable textiles products.
Zhejiang Yanpai Filter Technology has placed a new order with Andritz for two additional high-performance needlepunch production lines.