Dhaka, Kathmandu eye more trade

০৮ ই অক্টোবর, ২০১৫ বিকাল ৩:২৭

The government of Bangladesh will start fresh bilateral dialogue with its Nepalese counterpart on boosting trade between the countries. Bangladesh side has so far considered duty-free preferential access to 100 Nepalese items including agriculture products like lentil, vegetables, cereals, wheat flour, fruits, juice, and dairy and primary products like handmade papers. The Nepal government earlier sought preferential access for 146 items. Nepal offered to provide duty-free preferential access to 50 Bangladeshi products. Besides, Nepal side earlier informed that it may explore possibility of allowing preferential access of Bangladeshi fish and jute to enter into its market. Bangladesh had also sought preferential market access for its pharmaceuticals, garments, agro-processed food items, refrigerators and other electronics home appliances. Both sides might also discuss on exploring hydroelectricity potentiality of Nepal. The Nepalese hydroelectric potentiality was badly damaged due to massive earth quack on April this year. The government has a plan to import 500MW of electricity from Nepal. Nepal’s main exports to Bangladesh are lentils, vegetables and animal feed and its major imports from this country are electronics, juice, medicines, cotton, solar batteries, readymade garments, cosmetics, raw jute and plastic furniture.

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