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India-Bangladesh trade working group resumes talks after a three-year gap
ଖବରରେ କାହିଁକି?
Three years of silence, now India-Bangladesh trade talks restart: the non-tariff barrier and duty-free access points GS2 tests
Trade talks between India and Bangladesh restart, with market access issues on the table.
Why it matters: factual, Prelims-type
What you need to know
2 ମିନିଟ
The India-Bangladesh joint working group on trade has resumed talks after a gap of three years.
Port curbs, non-tariff barriers and duty-free access dominated the discussions, as trade imbalances between the two neighbours persist.
ଉତ୍ସ: Topper IAS editorial (PIB / The Hindu / Indian Express)
ମୁଖ୍ୟ ତଥ୍ୟ
Remember these
- The India-Bangladesh joint working group on trade resumed talks after a gap of three years.
- Agenda items: port curbs, non-tariff barriers and duty-free access.
- Trade imbalance between the two neighbours persists.
- Bangladesh is a major trade partner of India in South Asia and a key neighbourhood partner.
- Non-tariff barriers include standards, testing rules, port restrictions and licensing, as opposed to customs duties.
ପ୍ରିଲିମ୍ସ · ମେନ୍ସ
How the exam will ask it
ପ୍ରିଲିମ୍ସ
- Non-tariff barriers are trade restrictions other than customs tariffs, such as quotas, technical standards and port or licensing restrictions.
- Duty-free access means goods enter a partner market without customs duty, usually under a bilateral or regional preferential arrangement.
- A joint working group is a bilateral institutional mechanism that sits below the ministerial level to resolve specific issues.
ମେନ୍ସ
GS2 International Relations: India's neighbourhood policy. Persistent trade imbalance and non-tariff barriers, such as port curbs, limit market access for Bangladesh and irritate ties, while India seeks reciprocal access and smoother border trade. The way forward is a time-bound removal of non-tariff barriers, upgraded border infrastructure and regular institutional dialogue, possibly leading to a comprehensive trade agreement.
Quick recall
Answer before you reveal
In India's three-stage nuclear power programme conceived by Homi J. Bhabha, the third stage is designed around which fuel cycle?
- Natural uranium in pressurised heavy water reactors
- Plutonium in fast breeder reactors
- Enriched uranium in light water reactors
- Thorium with uranium-233 in advanced reactors
ଉତ୍ତର ଦେଖନ୍ତୁ
ଉତ୍ତର: D — Correct: Thorium with uranium-233 in advanced reactors — The third stage uses thorium with uranium-233 in advanced reactors, to exploit India's large thorium reserves. • Natural uranium in pressurised heavy water reactors — wrong: Natural uranium in pressurised heavy water reactors is the first stage of the programme. • Plutonium in fast breeder reactors — wrong: Plutonium-fuelled fast breeder reactors form the second stage, not the third. • Enriched uranium in light water reactors — wrong: Enriched-uranium light water reactors are not a stage of the Bhabha plan; India's first stage uses heavy water reactors.
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