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Trade between India and Bangladesh



Bangladesh is Indias major trading partner in South Asia with India having huge trade surplus with Bangladesh. DGCI&S does not publish separate Bangladesh and Tripura trade figures. The trend of Indias trade with Bangladesh is as under:

(Value in US $ million)
Year Exports Imports Total Trade Balance of Trade
2009-10 2,433.77 254.66 2,688.44 2,179.11
2010-11 3,242.90 446.75 3,689.66 2,796.15
2011-12 3,789.20 585.73 4,374.93 3,203.47
2012-13 5,144.99 639.33 5,784.31 4,505.66
2013-14 6,166.93 484.34 6,651.27 5,682.59
(Source DGCI&S)

The Memorandum of Understanding (MoU) between India and Bangladesh for development of Railway infrastructure to establish Agartala (India) Akhaura (Bangladesh) rail link was signed on 16th February, 2013. This Rail link project is expected to facilitate trade and people to people exchanges between India and Bangladesh. The project has just begun with Land acquisition being taken up and its completion date has not been finalized. The setting up of four Border Haats along the Bangladesh-Tripura border is taking place simultaneously for which concurrence of Bangladesh side has been obtained.

This information was given by the Minister of State (Independent Charge) in the Ministry of Commerce & Industry Smt. Nirmala Sitharaman in a written reply in Rajya Sabha today.

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First Published: Wed, December 17 2014. 00:23 IST