India plans to enhance trade with Bangladesh | hybiz news

  • 4 years ago
India is adopting a multi-pronged strategy to (enhance trade and business partnership with Bangladesh.)
There is a major push to connectivity initiatives via sea ports, inland water transport, rail and highways that will enable Bangladesh to connect with Bhutan and Nepal markets too along with India.
#IndiaBanglaTrading
While Chinese trade concessions can push Bangladesh into a “dual deficit and debt trap”, India is activating various connectivity initiatives for seamless movement of Bangladeshi products to the landlocked northeastern states and other parts of India.
Both India and Bangladesh are undertaking various measures (to restore the pre-1965 rail and other connectivity links.)
The impasse on the Indo-Bangladesh border trade through Petrapole-Benapole has finally been resolved with the first truck from Bangladesh entering India restoring two-way bilateral trade following the Central government's franctic efforts led by MEA.

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