Committed to PEOPLE'S RIGHT TO KNOW
Vol. 5 Num 398 Sun. July 10, 2005  
   
Business


IFC to facilitate trade between NE India, Bangladesh


International Finance Corporation (IFC), the private financing arm of World Bank, has developed several financial products to facilitate trade between NorthEast India and Bangladesh.

At a seminar on 'Facilitation and promotion of trade between Bangladesh and North East India' in Kolkata yesterday, Marlon Lezama, programme manager of South Asia Development Facility (SEDF), said SEDF would undertake programmes for the small and medium enterprise (SME) to overcome trade barriers between the two regions, PTI said.

He said studies jointly undertaken by SEDF, a multi-donor facility managed by IFC, and Bangladesh Enterprise Institute (BEI) had identified non-tariff barriers as major impediments to trade with NE India.