India to remove barriers on jute import from Bangladesh: Tofail

Commerce Minister Tofail Ahmed yesterday said India has agreed to ease complexities to import jute from Bangladesh.

“Although there is huge demand for Bangladeshi jute in Indian market, but some complexities are remaining that’s why both the countries have agreed to resolve the issues,” the minister told newsmen after having view-exchange with Indian High Commissioner Harsh Vardhan Shringla this noon at his secretariat office.
Referring to 31 per cent growth in last nine months, he said export of Bangladeshi products to India has been increased than before though still there is trade deficit. Terming the deficit as “not risky” Tofail said India is exporting different products to various countries, but importing raw materials of these products from Bangladesh. “But, Bangladesh has positive trade with those countries.”   

India to remove barriers on jute import from Bangladesh: Tofail

Commerce Minister Tofail Ahmed yesterday said India has agreed to ease complexities to import jute from Bangladesh. Although there is huge demand for Bangladeshi jute in Indian market, but some complexities are remaining thats why both the countries have agreed to resolve the issues, the minister told newsmen after having view-exchange with Indian High Commissioner Harsh Vardhan Shringla this noon at his secretariat office. Referring to 31 per cent growth in last nine months, he said export of Bangladeshi products to India has been increased than before though still there is trade deficit. Terming the deficit as not risky Tofail said India is exporting different products to various countries, but importing raw materials of these products from Bangladesh. But, Bangladesh has positive trade with those countries.