India’s vanaspati industry, already plagued by excess capacity, has been cast into deeper gloom lately by trade agreements that have opened the way for cheaper imports from neighboring Sri Lanka and Nepal.
Vanaspati industry has appealed to Prime Minister Manmohan Singh to make suitable amendments in the free trade agreements (FTAs) with Nepal and Sri Lanka.
Pakistani ambassador to Nepal Zamir Akram said Thursday that Nepal and Pakistan were looking forward to sign a bilateral free trade agreement (FTA) to boost trade between the two countries.
Excerpts from the welcome address of H.E. Huyamun Kabir, Ambassador of Bangladesh to Nepal, at the Bangladesh Trade Fair, 8 October 2004
The government has finally announced to commence negotiations on long-unheeded Bilateral Investment Protection Agreement (BIPA) with India, which the southern neighbour had been pressing for the last five years.