Steel News

We strive to let you one step ahead of the market.

India & Bangladesh start to negotiate FTA

29 Dec 2022 17:21 reported by Stanley Wang

A A A
India and Bangladesh agreed to start negotiations for a free trade agreement (FTA) to improve economic prospects and boost bilateral trade.

In early date, India and Bangladesh commissioned a joint feasibility study on a Comprehensive Economic Partnership Agreement (CEPA). According to the agreement, the two countries can reduce or eliminate customs duties on the maximum number of goods traded between them. Also, it can ease norms for promoting trade in services and attracting investments.

The bilateral trade in the fiscal year of 2022 between India and Bangladesh increased by 69% year on year to US$18.2 billion.

Back to Steel News

Related News

ICRA: Indian domestic steel demand to grow by 7-8% in FY24

  • Finance and economy
  • 25 Mar 2023 16:46

Trafigura: Bank crisis not to have knock-on effect on commodities

  • Finance and economy
  • 24 Mar 2023 16:56

Fitch Ratings adjusts Turkey’s long-term rating to 'B' with Negative Outlook

  • Finance and economy
  • 23 Mar 2023 16:10

China's government drops reserve requirement ratio to boost real estate industry

  • Finance and economy
  • 21 Mar 2023 16:50

Tata Steel acquires 1.55 crore equity shares in TSAML

  • Finance and economy
  • 21 Mar 2023 15:24

Metal Price Index

Learn more

LME Official Bid Price

  • Zinc
  • 2,913.50
  • 2,880.00
  • Aluminum
  • 2,297.00
  • 2,340.00
  • Copper
  • 8,875.00
  • 8,893.50
  • Nickel
  • 23,825.00
  • 24,050.00

Learn more

Coil Exchange Center

  • 2B Coil-Apr
  • 3,060
  • 2,920
  • NO1 Coil-Apr
  • 3,030
  • 2,890
  • 2B Coil-Apr
  • 3,060
  • 2,920
  • NO1 Coil-Apr
  • 3,030
  • 2,890

Learn more