Question

How business houses are improving indias biletral relations?

Answer 1

They called on their teams to find creative ways to improve bilateral trade. According to a White House fact sheet, two-way trade in goods and services.

Answer 2

The Trade between India and Bangladesh developed at a healthy pace but, according to experts, still falls short of its full potential. These two countries were decided to commission a joint report on the prospects for a bilateral Substantive Economic Partnership Agreement (CEPA) between India and Bangladesh to give impetus to this dimension of the bilateral ties.

Explanation:

• The scope for commerce, tourism, and security cooperation between India and Bangladesh is huge. In 2018-19, bilateral trade between the two countries rose 28 percent to $10.46 billion, with Bangladeshi exports to India for the first time reaching $1 billion.
• Even Indian FDI flows were minuscule. That may be the right time for Indian firms to join Bangladesh. The country's GDP clocked an 8.1 percent growth rate in 2019, replacing India as South Asia's fastest-growing economy.
• It reported a 13 percent industrial growth and its exports increased at a very healthy 10.1 percent.

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