Wednesday 27 June 2012

Volume of trade raised in border haats

SHILLONG: Following the success of the Mughal-era "haats" opened along the Indo-Bangladesh border in Meghalaya, the two countries have mutually agreed to raise the volume of trade from US $ 50 to US $ 100 for each trader, officials said on Wednesday.

The addendum to the agreement was made by joint secretary, ministry of commerce Arvind Mehta and additional secretary ministry of commerce, People's Republic of Bangladesh. Garments, melamine products, processed food items, fruit juice, toiletries, cosmetics, plastic products, aluminum products and cookeries produced in either of the countries, for bonafide family and personal consumption, were now allowed as additional commodities, Mehta said in the agreement.

The list of items allowed for trade in the designated border haats may be expanded/modified by mutual consent (of the respective Haat Management Committees (HMC)), he said. At these haats, two now running in Meghalaya, the regulations relating to foreign exchange has also been suspended through diplomatic channels, the commerce ministry official added.

At Balat, perishable agricultural produces like commonly available jack fruit, oranges and vegetables were the most sought after commodities, Wahlang said. The same is the case with the one at West Garo Hills district, officials said.

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