Nepal, Bangladesh trade talks conclude

August 01, 2012
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KATHMANDU, Nepal – Nepal and Bangladesh concluded commerce secretary-level talks Monday (July 30th) aimed at improving bilateral trade, local media reported. At the same time, the two secretaries pledged to work together to make transit between the two countries easier.

Dhaka also agreed in principle to give duty-free access to 146 Nepalese products, Nepal Online News reported. In addition, it agreed to try to improve infrastructure on the border and transportation facilities at the port.

Nepal Commerce Secretary Lalmani Joshi and his counterpart Ghulam Hussain agreed both countries could be a rich source of tourism. Both countries agreed to issue on-arrival visas for visiting tourists.

According to The Daily Star, Bangladesh imported $49m in goods from Nepal during fiscal year 2010-11, while Nepal only took in $10.84m.

The secretaries will meet again in February in Dhaka, Nepal Online News reported.

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