India grants duty-free access to 40 Bangladeshi tariff lines
This joint press statement records the outcomes of bilateral trade talks held in Dhaka between India and Bangladesh from April 8-10, 2002. The two countries agreed to expand duty-free market access for specific Bangladeshi products and streamline customs procedures to facilitate trade.
The agreement involves the Government of India and the Government of Bangladesh, specifically their Commerce Secretaries. It affects the textile and export sectors (specifically 16 categories of products), customs officials, and the Government of West Bengal regarding tax issues.
- India agreed to provide immediate duty-free access to 40 tariff lines (six-digit HS level) corresponding to 16 categories of Bangladeshi products.
- India committed to discussing duty-free access for the remaining requested tariff lines at the earliest opportunity.
- India agreed to take up the issue of the luxury tax imposed by the Government of West Bengal with that state government.
- Both sides agreed to streamline customs and administrative procedures and form a joint group of customs officials to meet as early as possible.
- Bangladesh agreed to take up the issue of restoring the land route for Indian exports of cotton yarn and sugar with the National Board of Revenue.
Written from the document by AI, and checked against it. The original below is authoritative.
The original document
Agreement
10 April, 2002
Document details
| Official title | Joint Press Statement Bangladesh-India Commerce Secretary Level Trade Talks 08-10 April, 2002 |
| Source body | Ministry of External Affairs — bilateral & trade documents |
| Reference number | 7539 |
| Status | closed (agreement) |
| Year | 2002 |
| Closing date | 10 April, 2002 |
| Documents | 1 |