Saturday, June 7, 2025
  • Contact Us
  • About BBS
  • Privacy & Policy
ENG
DZO
BBSCL Logo
  • Home
  • Business
  • Politics
  • Sports
  • Education
  • More
    • Announcement
    • Audience Survey Report
    • Programme
    • Radio Dzo-Channel Schedule
    • Radio Mix-Channel Schedule
Radio Live
No Result
View All Result
BBSCL logo
  • Home
  • Business
  • Politics
  • Sports
  • Education
  • More
    • Announcement
    • Audience Survey Report
    • Programme
    • Radio Dzo-Channel Schedule
    • Radio Mix-Channel Schedule
No Result
View All Result
BBSCL logo
Radio LIVE

Preferential Trade Agreement to reduce trade barriers between Bhutan and Bangladesh

June 4, 2021
in Uncategorized
Reading Time: 1 min read
0
0
SHARES
4
VIEWS
Share on FacebookShare on Twitter

The National Assembly deliberated on Preferential Trade Agreement (PTA) between Bhutan and Bangladesh and supported all the 22 articles of the Convention. The trade agreement allows duty-free export of 16 additional products to already existing 18 products to Bangladesh. Likewise, 10 more products from Bangladesh will have duty free export to Bhutan in addition to the already 90 existing products. The agreement was signed between the two countries in December last year.

The Preferential Trade Agreement between Bhutan and the People’s Republic Of Bangladesh aims to explore all appropriate measures to promote, facilitate, expand and diversify bilateral trade and reduce or eliminate barriers to trade between the two countries.

“As of now, without the agreement, when the government and its leader changes, a verbal agreement is bound to change. And with this, there are risks of affecting our trade. Now with this concrete agreement between the two countries, it will help us promote, facilitate, expand and diversify bilateral trade,” said Loknath Sharma, the Economic Affairs Minister.

“With good relations between the two countries, whenever we export our goods and products to Bangladesh, they provide us with so many exemptions but when their goods are imported in our country, we charge them with certain taxes. So this agreement will benefit us in terms of our economic development and strengthen our friendship among others,” added Passang Dorji (PhD), Chairperson of the Human Rights and Foreign Relations Committee.

The agreement will be ratified on 7th June.

Sangay Chezom and Samten Dolkar

Previous Post

Legislative Committee of the National Council proposes the need of Civil Liability Act/Torts Act

Next Post

Should police and OAG investigate corruption cases? Anti-Corruption (Amendment) Bill

Next Post

Should police and OAG investigate corruption cases? Anti-Corruption (Amendment) Bill

Two teachers left to manage a primary school with over 70 students for almost two months, Punakha

ACC drops the case of alleged collusion and undue price-fixing in gypsum export

Please login to join discussion

RECOMMENDED NEWS

Over 90 Million COVID-19 cases globally

4 years ago
3
Some students in Thimphu engaged in learning traditional songs and music during summer break

Some students in Thimphu engaged in learning traditional songs and music during summer break

2 years ago
11
Wamrong battery case in the Supreme Court

High Court affirms the district court’s judgment- Trongsa land scam

4 years ago
11

Bhutan QR code distributed to business entities in Phuentshogling

4 years ago
8

BROWSE BY CATEGORIES

  • Accidents (14)
  • Agriculture (426)
  • Announcement (174)
  • Audience Survey Report (1)
  • Business (744)
  • Crime/Legal (367)
  • Culture (47)
  • Development (51)
  • Disaster (57)
  • Economy (278)
  • Education (413)
  • Entertainment (13)
  • Environment (61)
  • Feature (65)
  • Featured (6)
  • Festival (78)
  • GMC (14)
  • Headlines (9)
  • Health (622)
  • Legal (52)
  • Literature (9)
  • Livestock (75)
  • Media (25)
  • Other Stories (5,574)
  • Politics (419)
  • RCSC (1)
  • Recent stories (5)
  • Religion (45)
  • Sci/Tech (709)
  • Social (516)
  • Sports (449)
  • Technology (190)
  • Tourism (19)
  • Uncategorized (13,866)
  • Video (136)
  • Video Story (249)
  • Wildlife (42)

BROWSE BY TOPICS

Tender Announcement Vacancy Announcement

POPULAR NEWS

  • BPC’s investigation rules out transformer short circuit as Damchhu forest fire cause

    Viral video of Bhutanese man assaulted by locals and police in Jaigaon sparks safety concerns

    0 shares
    Share 0 Tweet 0
  • Gelephu Mindfulness City opens recruitment drive for Bhutanese professionals

    0 shares
    Share 0 Tweet 0
  • Newspaper accuses DPT candidate of political ploy

    0 shares
    Share 0 Tweet 0
  • A centenarian’s recipe to longevity

    0 shares
    Share 0 Tweet 0
  • 40 companies risk closure over failure to submit financial reports

    0 shares
    Share 0 Tweet 0
BBSCL

Bhutan Broadcasting Service (BBS) is Bhutan’s primary national broadcaster, delivering diverse news and entertainment in multiple languages, fostering cultural understanding and public knowledge.

Follow us on social media:

Recent News

  • Phuentshogling Thromde installs reverse vending machine to promote recycling
  • Fixed deposit interest to be taxed at 10% under proposed Income Tax Bill
  • Yonphula Specialised Rehabilitation School to open next month
  • RMA to roll out seven new measures for loan repayment support
  • National Housing Strategy to be ready by September

News Category

  • Accidents
  • Agriculture
  • Announcement
  • Audience Survey Report
  • Business
  • Crime/Legal
  • Culture
  • Development
  • Disaster
  • Economy
  • Education
  • Entertainment
  • Environment
  • Feature
  • Featured
  • Festival
  • GMC
  • Headlines
  • Health
  • Legal
  • Literature
  • Livestock
  • Media
  • Other Stories
  • Politics
  • RCSC
  • Recent stories
  • Religion
  • Sci/Tech
  • Social
  • Sports
  • Technology
  • Tourism
  • Uncategorized
  • Video
  • Video Story
  • Wildlife
  • Contact Us
  • About BBS
  • Privacy & Policy

© 2024 BBSCL. All rights reserved.

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • Home
  • Business
  • Politics
  • Sports
  • Education
  • More
    • Announcement
    • Audience Survey Report
    • Programme
    • Radio Dzo-Channel Schedule
    • Radio Mix-Channel Schedule

© 2024 BBSCL. All rights reserved.