Bangladesh is India’s major trading partner in South Asia
with India having huge trade surplus with Bangladesh. DGCI&S does not
publish separate Bangladesh and Tripura trade figures. The trend of India’s
trade with Bangladesh is as under:
|
(Value in US $ million)
|
|
Year
|
Exports
|
Imports
|
Total Trade
|
Balance of Trade
|
|
2009-10
|
2,433.77
|
254.66
|
2,688.44
|
2,179.11
|
|
2010-11
|
3,242.90
|
446.75
|
3,689.66
|
2,796.15
|
|
2011-12
|
3,789.20
|
585.73
|
4,374.93
|
3,203.47
|
|
2012-13
|
5,144.99
|
639.33
|
5,784.31
|
4,505.66
|
|
2013-14
|
6,166.93
|
484.34
|
6,651.27
|
5,682.59
|
(Source DGCI&S)
The Memorandum of Understanding (MoU) between India and
Bangladesh for development of Railway infrastructure to establish Agartala
(India) – Akhaura (Bangladesh) rail link was signed on 16th
February, 2013. This Rail link project is expected to facilitate trade and
people to people exchanges between India and Bangladesh. The project has just
begun with Land acquisition being taken up and its completion date has not been
finalized. The setting up of four Border Haats along the Bangladesh-Tripura
border is taking place simultaneously for which concurrence of Bangladesh side
has been obtained.
This information was
given by the Minister of State (Independent Charge) in the Ministry of Commerce
& Industry Smt. Nirmala Sitharaman in a written reply in Rajya Sabha today.
******
RC