Sub-Regional taskforce submits memorandum to PM

Newkerala, September 09, 2009
In an attempt to enhance the Indo-Bangladesh trade in Northeastern states, Sub-Regional Independent Taskforce on Connectivity and Cooperation, constituted recently with both business and civil society groups has submitted a memorandum to Prime Minister Manmohan Singh yesterday.

The memorandum included the recommendations of the taskforce with regard to facilitation of land, maritime and riverine connectivity for Indian goods through Bangladesh to reduce transportation costs for India and yield significant revenues for Bangladesh.

It has also suggested inviting representatives from Nepal and Bhutan to taskforce for formulating an integrated approach for the enhancement of trade in the sub-region, taskforce officials said, adding that India was a source of connectivity to Bangladeshi merchandise headed for Nepal and Bhutan, which would play vital role in Indo-Bangla trading relations.

The task force emerged out of a stakeholder consultation organised by CUTS International, a Jaipur based civil society group engaged in research and advocacy on issues relating to international trade, regulation and governance in Agartala on August 9.

”The formation of this sub-regional taskforce is an important landmark in the evolution of Indo-Bangla trading relations as it represents a concerted effort to bring together representatives of civil society and chambers of commerce in both countries in influencing the future trajectory of trading relationships,” said Siddhartha Mitra, Convener of the Indian segment of the newly minted taskforce. –UNI

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