BSS-28 Bangladesh urges India to withdraw anti-dumping duty

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ZCZC

BSS-28

BANGLADESH-INDIA-COMMERCE

Bangladesh urges India to withdraw anti-dumping duty

NEW DELHI, May 14, 2019 (BSS) – Bangladesh’s Commerce Minister Tipu Munshi
today requested his Indian counterpart Suresh Prabhu to take necessary
measures to withdraw anti-dumping duty on Bangladeshi products as they met on
the sidelines of WTO ministerial meeting here.

“He (Munshi) urged his counterpart to lift the anti-dumping duties on our
products as they held the meeting,” a commerce ministry spokesman told BSS in
the Indian capital.

He said Munshi sought India to import more apparel products from
Bangladesh and more Indian investment in Bangladesh.

Officials and business analysts in Dhaka said despite a general duty-free
access of Bangladeshi products to India, several Indian states often impose
taxes if the imported products appeared to be huge in volume to affect their
local enterprises.

They said jute products and battery were examples of such Bangladeshi
products to face such duties in Indian market.

A Bangladesh commerce ministry press meanwhile said the Indian minister
told Munshi that New Delhi was keen to keep the momentum of the existing, the
best ever relations, between the two countries.

“He (Prabhu) assured that he will take all necessary measures to address
the requests from Bangladesh,” it said.

Both the ministers were in agreement to further enhance the trade and
economic relations in order to benefit of people of the two countries and
expressed their satisfaction on the excellent bilateral relations.

Munshi, a freedom fighter himself, expressed his heartfelt gratitude for
the support India extended during Bangladesh’s 1971 Liberation War.

BSS/AIM/AR/1830hrs