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Pandemic Reopens Contentious Issues in Nepal-India Ties

The COVID-19 pandemic has highlighted two features of the Nepal-India economic relationship: Nepal’s ballooning trade deficit, and unrestricted cross-border movement of people of both countries. Attributing the trade deficit entirely to supply-side constraints is neither accurate nor conducive to the overall health of the relationship. This brief suggests ways towards more sustainable trade relations between India and Nepal, among them, India relaxing the non-tariff measures it imposes on Nepali goods, Nepal improving its quality testing infrastructure, and a revision to the bilateral trade treaty. The brief points to the economic and security hazards of a porous border and argues that regulating it will be in both countries’ long-term interest. It highlights the need for a resolution to the territorial disputes between the two, and strict non-interference by both in each other’s internal affairs.

ADB approves grant to improve Bangladesh s business competitiveness-524058

ADB approves grant to improve Bangladesh’s business competitiveness UNB 16th December, 2020 01:25:00 The Asian Development Bank (ADB) has approved $0.5 million in grant assistance for supporting knowledge works to promote business competitiveness and intraregional trade of Bangladesh. The assistance is additional to an earlier grant of $2 million approved in 2018 for creating innovative knowledge solutions on strategic issues for Bangladesh’s economic transformation, according to a press release. “In addition to export diversification and enhanced domestic resource mobilization, Bangladesh needs to significantly increase foreign direct investment and intraregional trade to further propel the ongoing growth and development,” said Country Director Manmohan Parkash.

ADB approves grant to improve Bangladesh s business competitiveness, intraregional trade

ADB approves grant to improve Bangladesh’s business competitiveness, intraregional trade Star Online Report Star Online Report The Asian Development Bank (ADB) has approved $0.5 million grant assistance for promoting business competitiveness and intraregional trade of Bangladesh. The assistance is additional to an earlier grant of $2 million, approved in 2018, for creating innovative knowledge solutions on strategic issues for the country s economic transformation. In addition to export diversification and enhanced domestic resource mobilisation, Bangladesh needs to significantly increase foreign investment and intraregional trade to further propel the ongoing growth and development, said ADB Country Director Manmohan Parkash. Bangladesh has immense opportunities to make significant progress in Doing Business indicators since its current ranking is only 168 out of 190 economies…It can gain significantly by modernising its prope

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