India pleased with Bangladesh’s graduation from LDC status
Image: Collected
India today expressed contentment about Bangladesh's graduation from the position of Least Developed Countries (LDC) and promised to keep support to the country's development efforts.
"We are happy to note Bangladesh's graduation from LDC position and we will continue steadily to help Bangladesh's development initiatives," Ministry of Exterior Affairs spokesperson Anurag Srivastava stated at the weekly media briefing.
He was asked if post-LDC, India would continue steadily to extend duty-free of charge and quota-free establishments to Bangladesh that is in effect under South Asia No cost Trade Arrangement (SAFTA) since 2011, studies our New Delhi correspondent.
Srivastava said the primary ministers of India and Bangladesh have directed their officials to expeditiously complete a joint analysis on the leads of concluding a bilateral Comprehensive Economic Partnership Arrangement (CEPA).
The CEPA had appeared during the virtual summit between Primary Ministers Sheikh Hasina and Narendra Modi on December 17 this past year.
Referring to Indian External Affairs Minister S Jaishankar's ending up in Hasina in Dhaka yesterday, Srivastava stated the Bangladesh PM valued the duty-free of charge and quota-free access directed at Bangladeshi exports to India within SAFTA since 2011.
Source: https://www.thedailystar.net
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