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India-EFTA members to resume trade deal talks in January

Related Keywords: agreement will give market access, EFTA members, India, iron out differences related with the pact, mid January, resume talks on long-stalled proposed free trade agreement, several sectors from India, such as textiles and chemicals. four-nation bloc will visit New Delhi, trade gap

India and the EFTA members to resume talks on the long-stalled proposed free trade agreement, the agreement is important as it will give market access to several sectors from India such as textiles and chemicals. Senior officials of the four-nation bloc will visit New Delhi in mid January to iron out differences related with the pact, an official said.

The four European Free Trade Association (EFTA) members are - Switzerland, Iceland, Norway and Liechtenstein.

Bangladesh govt devises to increase merchandise shipment to China

Related Keywords: Chinese retailers, duty free benefits, establishing fashion institutes, issue multiple visas to Bangladeshi businessman, local infrastructural development, merchandise shipment, trade gap

Bangladesh tries to persuade China to give import license to Chinese retailers. The move comes at a time when trade gap with the world's biggest economy hit a new high of US$ 6.0 billion, even if Dhaka gets duty-free benefits.

Vice chairman of EPB Suvashis Bose commented that despite having duty-free facility, their businessmen could not do well in boosting exports to China. But import from China is gradually increasing.

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