New Delhi (NVI) With a view to boost two-way commerce, India and Bangladesh today held discussions on a joint study for the proposed free trade agreement and harmonisation of standards.
The Commerce Secretary level meeting between India and Bangladesh was held in New Delhi on January 15-16.
“Both sides held extensive discussions on a variety of issues of mutual interest, like Border Haats, joint study for the proposed Comprehensive Economic Partnership Agreement (CEPA), India-Bangladesh CEOs’ Forum, sharing of trade data, regional connectivity initiatives, harmonization of standards, upgradation of border trading infrastructure and facilitation of business visas,” the Commerce Ministry said in a statement.
The meeting was preceded by the 12th meeting of the Joint Working Group (JWG) on Trade, at the level of Additional Secretaries of the Ministry of Commerce and Industry, India and Ministry of Commerce, Bangladesh on January 13-14 in New Delhi.
The CEPA is a free trade agreement under which two trading partners significantly reduce or eliminate imports duties on maximum number of goods traded between them. They also liberalise norms to promote trade in services sector and boost investments.
