Bangladesh and Pakistan Explore Enhanced Bilateral Trade in Agriculture

Bangladesh DHC in Karachi, met senior officials

of TCP. The discussions focused on expanding

and diversifying trade between the two nations

Staff Reporter

Karachi: Bangladesh and Pakistan are actively working to strengthen bilateral trade in agricultural products. Bangladesh Deputy High Commissioner in Karachi, S.M. Mahbubul Alam, recently held a meeting with senior officials of the Trade Corporation of Pakistan (TCP) at the TCP Headquarters. The discussions focused on expanding and diversifying trade between the two nations.

Discussions on Trade Modalities and Agricultural Products

The meeting addressed various trade modalities, including Government-to-Government (G2G) and Business-to-Business (B2B) frameworks. Shipment options like Cost, Insurance, and Freight (CIF), CIF-Liner Out (CIF-LO), and Free on Board (FOB) were also reviewed.

Key agricultural products discussed included rice (white and parboiled), along with onions, sugar, potatoes, dates, jute and jute products, tea, fresh fruits and vegetables, and sesame. Discussions centered on ensuring competitive pricing, quality, and variety to boost trade between the two countries.

Collaborative Initiatives and Future Prospects

Both sides expressed optimism about enhanced trade and commerce. Discussions also included initiatives like establishing direct flights and shipping routes between Bangladesh and Pakistan, along with visa facilitation for importers and exporters.

The Deputy High Commissioner invited the TCP delegation to visit Bangladesh and assured them of full cooperation, including expedited visa processing, to promote business-to-business connections and foster deeper trade relations.

Strengthening Regional Trade Ties

This initiative reflects the growing commitment of both countries to collaborate on agricultural trade, fostering economic growth and strengthening regional partnerships.