Bangladesh will sign Free Trade Agreement with Nepal

Sumit Arora Last updated on February 19th, 2020 12:08 pm 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, I am responsible for researching and producing engaging, informative content designed to assist candidates in preparing for national and state-level competitive government exams. I specialize in crafting insightful articles that keep aspirants updated on the latest trends and developments in current affairs. With a strong emphasis on educational excellence, my goal is to equip readers with the knowledge and confidence needed to excel in their exams. Through well-researched and thoughtfully written content, I strive to guide and support candidates on their journey to success.