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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


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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