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Trade relations with India will reach new heights
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Import of COVID vaccine raw material from US: Serum Institute asks Govt to intervene
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Trade relations with India will reach new heights
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Bangladesh Minister hopes trade relations with India will reach new heights ANI | Updated: Mar 10, 2021 06:50 IST
Dhaka [Bangladesh], March 10 (ANI): Ahead of Prime Minister Narendra Modi s visit to Bangladesh, the country s Commerce Minister Tipu Munshi has expressed optimism that the trade relations between the two countries would reach new heights in the 50th year of Bangladesh s independence. We want to take the Bangladesh-India trade relations to such a position in our 50th year of independence which would remain memorable among the people of both countries. We re hopeful of resolving our existing problems. There is also strong resolve from the two countries to further expand investment and trade relations, The Independent (Bangladesh) quoted Munshi as saying.
Serum Institute of India (SII), the world s largest vaccine manufacturer by volume, has sought the central government s intervention so as to enable the firm import essential raw materials from the US for uninterrupted manufacturing and supply of Covid-19 vaccines. In a letter to Commerce Secretary Anup Wadhawan and Foreign Secretary Harsh Vardhan Shringla, Director, Government and Regulatory Affairs at Pune-based SII, Prakash Kumar Singh said the US government has invoked the Defence Production Act because of which the firm is facing difficulties in importing necessary products like cell culture medias, raw material, single-use tubing assemblies and some specialty chemicals from the US.