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Union Cabinet approved MoU between India-Bangladesh

Published on April 21, 2021
Current Context: The Union Cabinet has approved the signing of MoU between India and Bangladesh to cooperate in the trade sector.
Union Cabinet approved MoU between India-Bangladesh
  • The MoU was signed between India’s Director General of Trade Remedies and the Bangladesh Trade and Tariff Commission to increase cooperation in the area of trade remedies.
  • As per the agreement, both the nations will be allowed to exchange data trade remedies and other activities in accordance with the provisions of the World Trade Organisation.
  • The agreement focuses on countervailing, anti-dumping and safeguarding rules in bilateral trade between both nations.
  • The MoU will lead to having rule-based trading activities and will eradicate unfair trade practices.
  • Static Part: 
    • Capital of Bangladesh: Dhaka
    • Currency of Bangladesh: Taka

Question: 

Q.1 In April 2021, Union Cabinet approved the MoU between India and Bangladesh in which of the following sector?
a. Healthcare sector
b. Logistics
c. Construction of Roads
d. Trade Cooperation
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