‘Bangladesh, In­dia’s largest trad­ing part­ner’

Shan­mugam Senthilnathan, MD, EFL – In­dia & CEO, EFL Global tells CARGOTALK that with the im­ple­men­ta­tion of the MVA, there will be a clear ad­van­tage, both in terms of time and cost in the en­tire sup­ply chain. The first trial-run of Bangladeshi ve­hi­cle roll

Cargo Talk - - Road -

work in con­junc­tion with these other agree­ments to pro­mote trade and mu­tual co­op­er­a­tion be­tween the two coun­tries. Fur­ther­more, while work­ing on the fine de­tails of car­ry­ing out this trial run, we also tried to an­tic­i­pate how we could work un­der the trans­ship­ment pro­ce­dure which in­volved the in­spec­tion and ver­i­fi­ca­tion of the E-seal that was af­fixed to the truck in Bangladesh.

The present bi­lat­eral trade be­tween the two coun­tries stands at $6.5bn, but Bangladesh’s ex­ports to In­dia ac­counts only for a mea­gre $500mn

BU­REAU

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