Talks with Tata may resume next week
UNB, Dhaka
Negotiations with Indian Tata Group on its proposed US$ 2.5 billion investment in Bangladesh is expected to resume next week.This will be the third round of talks between government and the Indian industrial giant. The second round negotiation meeting between the two sides ended on July 7, 2005. Sources said the government co-ordination team headed by Industries Minister Matiur Rahman Nizami in the meantime will meet to discuss the overall progress of the negotiations with Tata. Source said during the third round talks some crucial issues like the tariff of electricity, gas price, gas supply and the fiscal incentives would be discussed. Bangladesh government has already appointed consultants to help fix tariff of electricity to be purchased from the proposed Tata power plant and also to determine the price of gas to be supplied to Tata projects.
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