The New Nation - Internet Edition

bdnews24.com, Dhaka

Bangladesh and Bhutan have agreed to "explore the possibility of land connectivity" between the two countries under SAARC framework to enhance trade and people-to-people contact.

The agreement came on Monday at the end of prime minister Sheikh Hasina's four-day visit to the Himalayan nation.

Hasina announced waiver of all taxes on import from Bhutan to increase the volume of trade, according to a joint press statement, released by foreign ministry, on the prime minister's visit.

Bangladesh's exports to Bhutan is less than $1 million, and includes warm garments, computer accessories, dry food, pharmaceuticals, toiletries and textile items.

Bhutan's exports to Bangladesh totals around $14 million, according to the latter's commerce ministry figures. Bhutan's main export items are mineral products, foodstuffs, fruits, beverages and oat.

The two countries have also reached a consensus on "exploring the possibility of cooperation" in the energy sector under South Asian Association for Regional Cooperation charter.

"Both sides emphasised the relevance of enhancing people to people contact to further strengthen the existing close ties of friendship and cooperation.

"They agreed to explore the possibility of land connectivity between Bhutan and Bangladesh under the aegis of SAARC transport connectivity to promote intra-regional trade and travel," the statement said.