Bangladesh, India Commerce Secretary-level Meeting Highlights Trade Growth, Progress in Connectivity Projects

4 March 2022

Bangladesh is now India's 6th largest trade partner. This significant growth in bilateral trade between the two countries was highlighted at the Commerce Secretary level meeting held on 4 March 2022 in New Delhi, India.  

According to the news release, the meeting held extensive discussions on issues of mutual interest, including development of railway infrastructure, port infrastructure, joint study on Comprehensive Economic Partnership Agreement (CEPA), border haats, regional connectivity through multimodal transport, harmonization of standards, and mutual recognition agreement. 

The meeting noted progress on many items of cooperation, including the following:  

  • Approved detailed project proposal (DPP) for the development of a container handling facility at Sirajganj Bazar (Bangladesh); 
  • Construction of the new 900-meter siding line at Benapole (Bangladesh) for the India-Bangladesh freight trains;  
  • Construction of loading and unloading platform at Darshana (Bangladesh) that will allow import of all commodities from India by rail via Darshana; 
  • Approved DPP for rail- and road- based ICD at Ishwardi (Bangladesh); 
  • Consensus over the use of returning empty railway wagons/containers by Bangladesh to reduce overall logistics cost of India's exports to Bangladesh; 
  • Opening of border haats closed due to COVID-19 pandemic; 
    Implementation of Petrapole (India)-Benapole Integrated Check Post (ICP) 24x7 operation; 
  • ICP/Land Customs Stations progress; 
  • Strengthened regional connectivity through multimodal transport; 
  • Finalization of CEPA study at the earliest possible time; and
  • First meeting of the CEO forum. 

The meeting was preceded by the 14th meeting of the Joint Working Group (JWG) on Trade, at the level of Joint/Additional Secretaries of the Ministry of Commerce and Industry, Govt of India and Ministry of Commerce, Govt of Bangladesh on 2-3 March 2022 in New Delhi. Comprehensive discussions were held on various areas of mutual interest.  

 

Related links 

News release  

India, Bangladesh hold Commerce Secretary Level Meeting in New Delhi 

The National Board of Revenue (NBR) of the Government of Bangladesh is set to open National Single Window...

Read More


Bhutan will build the Gelephu Smart City Project in the Gelephu Special Administrative Region (SAR) to facilitate more...

Read More


Mr. Shakti Bahadur Basnet, Nepal Minister for Energy, inaugurated on 11 December 2023 the Kushma-Butwal power transmission line...

Read More


The Government of Bangladesh and the Asian Development Bank (ADB) signed an agreement for the ...

Read More


The Asian Development Bank (ADB) has approved $336.5 million loan financing under the Asia Pacific Vaccine Access Facility...

Read More


The King of Bhutan, His Majesty Jigme Khesar Namgyel Wangchuck, paid an official visit to India on 3-10...

Read More


Bangladesh Prime Minister Sheikh Hasina and India Prime Minister Narendra Modi inaugurated the Akhaura-Agartala railway link during an...

Read More