Committed to PEOPLE'S RIGHT TO KNOW
Vol. 5 Num 422 Wed. August 03, 2005  
   
Business


Trade cell to be set up to settle problems with import from India


The commerce ministry will set up a trade cell to address the problems related to import from India, as visiting Indian traders raised the issue.

Officials said the assurance was given to the visiting delegates of the Federation of Indian Export Organisations (FIEO) when they met Commerce Minister Altaf Hossian Choudhury at his Secretariat office yesterday.

Eastern Regional Chairman of the FIEO SK Jain led the delegation.

They are here discussing different issues concerning exports from India, including payments against import LC and customs matters.

Coming out of the meeting, Jain said the members of his delegation mainly discussed various ways of enhancing trade between the two neighbouring countries with the minister.

Earlier, the delegation had met Finance Minister M Saifur Rahman and alleged that export from India to Bangladesh was facing hurdles like some recent complications with banks.