Bangladesh has signed its first Preferential Trade Agreement (PTA) with Bhutan, which will allow duty-free access to a range of goods between the two countries and hence boost bilateral trade between them. Under the PTA, 100 Bangladeshi products will get duty free access to Bhutan, while 34 items from Bhutan will get duty free access into Bangladesh. Further items can be added in the list later on the basis of discussion between the two countries.
WARRIOR 4.0 | Banking Awareness Batch for SBI, RRB, RBI and IBPS Exams | Bilingual | Live Class
This is the first PTA signed by Bangladesh with any country in the world since its independence in 1971. The PTA was signed on 6th December 2020, to mark 50th anniversary of diplomatic relations between Bangladesh and Bhutan. In 1971, Bhutan was the first country in the world to recognise Bangladesh as an independent country.
Important takeaways for all competitive exams:
To attain the agricultural independence in the country, India has released the first-ever non-GMO and…
Unified Payments Interface (UPI). Introduced on 25 August 2016 by the NPCI (National Payments Corporation…
Miss Universe India 2026 is 19-year-old Kaziah Liz Mejo of Kerala who has won the…
The Department of Telecommunications (DoT) has introduced measures to tighten the enforcement on the maximum…
As rivers frequently change their channels, destroy lands around themselves and can even disappear from…
Grandmaster Pranesh M, the young chess talent from India, has claimed victory in the Kanizsa…