The task force was formed at a meeting organised for welcoming Bangladesh ambassador to Nepal M Humayun Kabir in Kathmandu on Wednesday, a foreign ministry press release said yesterday.

The task force will study trade ties between the two countries in the past two decades, identify the problems the two countries are facing in their trade and suggest ways to give a boost in their trade.

Speaking on the occasion, Humayun Kabir said Bangladesh government has already developed necessary infrastructures including construction of roads and bridges to facilitate Nepal's foreign trade using the Mongla port.

Referring to Bangladesh government efforts to strengthen economic relations with the neighbouring countries, including Nepal, he proposed sharing technical services and expertise with the Nepalese business community.

In this connection he welcomed a proposal of Nepalese business leaders to visit export processing zones (EPZ) in Bangladesh.

President of the CNI Binod Chaudhari stressed the need for resolving the existing hurdles in the financial and trade activities between the two countries.