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Indian Jute assoc to file case against Bangladesh

After cheaper jute products from Bangladesh flooding the domestic market, the Indian Jute Mills Association (IJMA) is set to file an anti-dumping case in the first quarter of the 2015-16 against subsidised exports. bd-india“The association has been working on an anti-dumping case which should be filed with the Ministry concerned within the next quarter. A countervailing duty has to be either an anti-subsidy or anti-dumping duty, both will be pursued simultaneously,” said Raghavendra Gupta, Chairman, IJMA. The Bangladesh government offers a 10 per cent...

BD seeks expanded trade relations with Philippines

The Bangladesh Philippines Chamber of Commerce and Industry (BPCCI), in cooperation with Dhaka Chamber of Commerce and Industry (DCCI), held its first seminar on doing business with the Philippines at the DCCI auditorium on February 26. The seminar was an offshoot of the successful trade visit of BPCCI to Manila from January 18 to 22. bd-philipinesBangladesh Commerce Minister Tofail Ahmed, MP was present as chief guest. Addressing a number of business experts and leaders in the country, Minister Ahmed expressed hope for greater bilateral coop...

Mamata writes to Modi on Teesta deal

The West Bengal Chief Minister Mamata Banerjee has written to the Indian Prime Minister Narendra Modi about settling Teesta and LBA issues with Bangladesh Assuring of her cooperation with central government. Modi_MomotaKolkata’s Ananda Bazar Potrika reported that Mamata wrote to Modi saying she was not against the Teesta deal with Bangladesh. Mamata has also sought an early meeting with Modi. In a letter written after her recent Dhaka visit, Mamata described the outcome of her trip as “positive.” Indian media also reported t...

Bilateral relations with China sprouting

Bangladesh got liberated from West Pakistan on December 16, 1971. India recognised Bangladesh on December 6, 1971 amidst its independence war. Meanwhile, by the end of February 1972, 34 other countries had also recognised Bangladesh. However, China, being a strong ally of Pakistan vehemently opposed the Bangladesh’s coming into existence and even vetoed its entry into the United Nations in 1972. China was one of last countries of the world who had recognized Bangladesh. After Pakistan recognised Bangladesh in June 1974, China followed Pakistan and recognised Bangladesh on August 31, 1975. Since then, China is maintaining steady relations with Bangladesh, but with an eye on exploiting strategic location of Bangladesh in the Indian Ocean vicinity.

India says urea smuggled to Bangladesh

In a sensational disclosure, the Indian government on Tuesday said the Urea sent to states for further distribution to farmers is being smuggled to Pakistan, Bangladesh and Nepal. Ananth Kumar, Minister of Chemicals and Fertilizers replying to a question said enough fertilizers was provided by centre to states but it is being diverted for black marketing and smuggled to the neighbouring countries for huge profit. bd-indiaKumar said the government has capped Urea price to Rs. 5,360 per tonne, however in neighbouring countries of Bangladesh, Pakistan and N...

Indian Foreign Secretary to visit Dhaka on March 2

New Indian Foreign Secretary S Jaishankar is coming to Dhaka on Mar 2. Indian Prime Minister Narendra Modi on Feb 13 informed his counterpart Sheikh Hasina by telephone that he will be sending his new foreign secretary to Dhaka. Jaishankar_Foreign_Secretary_650-450x256A senior foreign ministry official confirmed the date of his visit. The foreign ministry official said they got the date on Sunday. “He will visit for a day and leave on Mar 3.” Modi replaced Sujatha Singh ...
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