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Bangladesh will sign Free Trade Agreement with Nepal

Sumit Arora Published On February 19th, 2020 Leave a comment

Bangladesh and Nepal have agreed to sign a Free Trade Agreement to enhance trade between the two countries. Bangladesh has also agreed to allow Nepal to use it Saidpur airport located in its northernmost district of Nilphamari close to Nepal. Bangladesh exports commodities worth $38 million to Nepal and imports goods worth around 18 million dollars. Nepal will be able to provide 500 MW of hydroelectric power to Bangladesh once the Indian Company GMR completes its project in Nepal.

Important takeaways for all competitive exams:

Prime Minister of Bangladesh: Sheikh Hasina; Capital: Dhaka; Currency: Taka.
Prime minister of Nepal: KP Sharma Oli.
President of Nepal: Bidhya Devi Bhandari.
Capital of Nepal: Kathmandu; Currency of Nepal: Nepalese rupee.

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Sumit Arora

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As a team lead and current affairs writer at Adda247, my role involves researching and creating informative and engaging content aimed at helping candidates prepare for national and state-level competitive government exams. I specialize in delivering insightful articles that keep aspirants updated on the latest current affairs trends and developments. My primary focus is on educational excellence, ensuring that our readers are well-prepared and informed to face their exams with confidence. Through meticulously crafted content, I aim to guide and support candidates in their journey toward success.