Pakistan to allow BD tea duty free

Published December 9, 2004

ISLAMABAD, Dec 8: Pakistan would remove all barriers to allow free import of tea from Bangladesh. This was stated by State Minister for Commerce Hamid Yar Hiraj in a meeting with a seven-member tea delegation of Bangladesh led by Chairman, Bangladesh Tea Board, Chittagong, Brig Gen. S.A.H.M Tauhid here on Wednesday.

The delegation expressed thanks on behalf of the Bangladeshi government for granting Bangladesh zero per cent import duty on tea. Pakistan had given a quota of 10,000 tons of tea to be imported from Bangladesh at zero per cent import duty.

He also ensured the delegation that Pakistan would keep importing tea from Bangladesh and the government would facilitate the Pakistani importers to the maximum. The objective of the visit of delegation was to explore the market for Bangladeshi tea in Pakistan and to discuss matters relating to bilateral trade.

Mr Hiraj underlined the need for expanding bilateral trade between the two countries because the present level of bilateral trade, which was $240 million during 2003-04, did not correspond to the cordial political relations enjoyed by the two countries.

He said that the Pakistani Cabinet had given the mandate to the ministry of commerce to negotiate Free Trade Agreement (FTA) with Bangladesh, which, once concluded, would enhance the volume of bilateral trade tremendously for the benefit of both the countries.

Opinion

Editorial

Plugging the gap
06 May, 2024

Plugging the gap

IN Pakistan, bias begins at birth for the girl child as discriminatory norms, orthodox attitudes and poverty impede...
Terrains of dread
Updated 06 May, 2024

Terrains of dread

Restored faith in the police is unachievable without political commitment and interprovincial support.
Appointment rules
06 May, 2024

Appointment rules

IT appears that, despite years of wrangling over the issue, the country’s top legal minds remain unable to decide...
Hasty transition
Updated 05 May, 2024

Hasty transition

Ostensibly, the aim is to exert greater control over social media and to gain more power to crack down on activists, dissidents and journalists.
One small step…
05 May, 2024

One small step…

THERE is some good news for the nation from the heavens above. On Friday, Pakistan managed to dispatch a lunar...
Not out of the woods
05 May, 2024

Not out of the woods

PAKISTAN’S economic vitals might be showing some signs of improvement, but the country is not yet out of danger....