India: Duties to be shifted onto Bangladeshi leathergoods

2010-11-3

Posted by FNA-India has been in talks with Bangladesh about offering swift relief for Bangladeshi leathergoods producers.

According to Bangladesh’s commerce minister, Faruk Khan, India is considering lifting import duties on 61 Bangladeshi products including leathergoods and textiles.

"In a bid to enhance bilateral trade relations between the two SAARC neighbours, Delhi has assured Dhaka to give duty-free entry of 61 local goods, including textiles and leather to the Indian territory," Khan said.

India exported goods worth $4 billion from Bangladesh in 2009 and imported goods worth $330 million from the neighbouring country.

 

source: china leather .org