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HEADLINE
 
Foreign secy tells Indian counterpart
Delhi should lower tax barriers
FE Report
3/19/2006
 

          Bangladesh said that lowering of tax barriers by India will allow easy access of her goods and it will be an important confidence-building measure.
Foreign Secretary Mohammad Hemayatuddin, who is now in New Delhi, expressed the view, reported Indian media Saturday.
To fine-tune the agenda and preparations for Prime Minister Khaleda Zia's visit, Hemayatuddin held talks Saturday with his Indian counterpart Shyam Saran.
"Our expectation is that the visit will be landmark in terms of bilateral relations," Hemayatuddin told reporters after the meeting.
Asked what Bangladesh wanted from India, he said Dhaka was looking for creation of "conditions for free movement of goods" to this country.
"Reduction of tax barrier will be an important issue," he said.
The Foreign Secretary said Dhaka wanted investments from India and in this regard referred to move by Tata group to set up an industrial unit in Bangladesh for which negotiations are underway.
Khaleda will leave the city for New Delhi on Monday on a three-day official visit to India.
During the three-day visit, the two countries are expected to lay down the basis for putting aside their differences over certain issues and further improve bilateral relations, said a news item published in NDTV website.
The entire gamut of bilateral relations, including border issue, security-related matters, trade and sharing of rivers water, would be discussed when Zia holds talks with Prime Minister Manmohan Singh on March 21.
Khaleda will be accompanied by a high-level delegation, including foreign minister and finance minister.
This will be her first visit to India in her present tenure as the Prime Minister.
A number of agreements are likely to be signed between the two countries to enhance trade and investment, and cooperation in other fronts, following formal talks at Hydarabad House on Tuesday.
Besides, she will have meetings with Indian President PK Abdul Kalam and the ruling UPA Chairperson Sonia Gandhi.
She will address a business seminar on Wednesday noon before leaving for home in the evening.
In addition to a high-powered official delegation, a business team will also accompany the Prime Minister.

 

 
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