You are here: Home » Government Press Release » News
Business Standard

Trade between India and Bangladesh

Delhi 

  • ALSO READ

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.

Dear Reader,


Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during these difficult times arising out of Covid-19, we continue to remain committed to keeping you informed and updated with credible news, authoritative views and incisive commentary on topical issues of relevance.
We, however, have a request.

As we battle the economic impact of the pandemic, we need your support even more, so that we can continue to offer you more quality content. Our subscription model has seen an encouraging response from many of you, who have subscribed to our online content. More subscription to our online content can only help us achieve the goals of offering you even better and more relevant content. We believe in free, fair and credible journalism. Your support through more subscriptions can help us practise the journalism to which we are committed.

Support quality journalism and subscribe to Business Standard.

Digital Editor

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