The government imported products from India at a cost of Tk 295.55 billion during the fiscal year (FY) 2013-2014.
Commerce Minister Tofail Ahmed disclosed the figure while replying to a question from M Israfil Alam at the Jatiya Sangsad in the city on Sunday, reports BSS.
The minister also told the parliament that Bangladesh deals trade with India under South Asian Preferential Trade Arrangement (Sapta) and South Asian Free Trade Area (Safta), as there is no bilateral agreement between the two countries.
"Though the Free Trade Agreement (FTA) between Bangladesh and India is yet to be signed, Bangladesh exports all products (except tobacco and tobacco related 25 products) to India tax-free and quota-free," he said while replying to another question from independent lawmaker Hazi Mohammad Selim during the question and answer session in the House.
The minister said Bangladesh-India trade is being carried out under Sapta and Safta.
The commerce minister said the government is committed to provide exemplary punishment to frontier smugglers and law enforcement agencies are active to prevent smuggling in border areas.
Govt \\\'imports Tk 295.55b items from India\\\' in FY-2013-\\\'14
FE Team | Published: September 15, 2014 00:00:00 | Updated: November 30, 2026 06:01:00
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