Seed associations of Bangladesh, India
sign trade agreement
PTI, May 01, 2015
Seed associations of
Bangladesh and India have inked a pact to facilitate traders of
both nations to increase business in high-yielding varieties of
rice seeds, think-tank CUTS international said today.
The Memorandum of Understanding (MoU) was signed between the
Bangladesh Seeds Association and the National Seed Association
of India here.
"This MoU will facilitate traders, exporters and importers of
both the countries to initiate the cross-border trade in
high-yielding varieties of rice seeds.
"It will also enable a favourable environment for
knowledge-sharing in such seeds production and trade," CUTS said
in a statement.
It added that the move would help in ensuring greater
cooperation in agriculture sector between both the neighbours.
High quality seeds produced in one country, it said, should be
expeditiously made available for cultivation in neighbouring
countries having similar agro-climatic conditions so that
farmers in the region are benefited from the varieties.
"In Bangladesh and India, serious problem with regard to making
variety rice seeds available and accessible to farmers is
"Significant gap exists between demand and supplies of
most-desired and adaptable varieties. Increased cooperation
between the two countries can significantly improve the
situation," it added.
The bilateral trade between India and Bangladesh stood at USD
6.65 billion in 2013-14.
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