Bangladeshi businesses are paying higher costs when sending goods to India and bringing in industrial inputs from the neighbouring country amid retaliatory non-tariff measures imposed by Dhaka and New Delhi.
Bangladesh does not want any further escalation in tension with India, as the recent retaliatory moves are affecting bilateral trade
The non-tariff barriers hurt Bangladesh-India trade, increasing costs and damaging bilateral trust
"If we want to solve problems, we have to admit the problem first," he said.
However, passengers with passports will travel through the land port as usual.
Bangladesh Bank is going to introduce dual currency Taka-Rupee card in September this year to allow travellers to make payments at home as well as in India
