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Dhaka, Delhi agree to talk FTA after Oct

Upbeat Sinha flies in to sit with Morshed today

Staff Correspondent
Dhaka and New Delhi yesterday agreed to talk free trade agreement (EDM in October as top-level officials of two sides met on the first day of the Joint Economic Council meet.
The meeting, sixth in the roll and being held after six years, also discussed the framework of transit
The sentiment of the discussion was echoed by Indian External Affaire Minister Yashwant Sinha, who arrived on a special aircraft in the evening.
Sinha sits today with his Bangladesh counterpart M Morshed Khan at the National Economic Council (NEC) conference room at
Sher-e-Bangla Nagar at 10:00am and will issue a joint statement at thecnd of the talks.
On arrival al ZIA, the Indian minister told newsmen his country is very much interested in signing FTA with Bangladesh.
He said that he was happy that the issue was discussed at the last commerce secretary level meeting between the two countries.
Expressing his happiness over the Dhaka meeting, he said the discussion would mainly focus on trade and other related issues like transshipment and transit
Hoping that the JEC meeting would "take important decisions on key issues", he said bilateral issues,
economic cooperation, security issue and matters of mutual interests would also come up for discussion at the talks.
At the secretary level meeting that ran from 9:30am to 5:00pm at the NEC, Dhaka raised the Issue of huge trade deficit tilted in favour of Delhi and voiced its concern over various trade barriefs - both tariff and non-tariff- posed by India.
"We will discuss the FTA after the fifth WTO ministerial meeting in September," Indian External Affairs Secretary Kanwal Sibal. who led a 15-member team, told journalists after the meeting.
About the trade Issues, he said: importance to the bonds of friendship between our two countries. Our relationship draws substance from the common ties of our shared history and heritage, the joint commitment to the ideals of democracy and freedom and the mutual feelings of respect and affection between our peoples. The principal objective of my visit is to reaffirm our abiding commitment to this valued relationship and to find ways of further enriching our many-faceted bilateral relationship."