Pakistan, Bangladesh resume direct trade3Фото© thehindu.com

Pakistan, Bangladesh resume direct trade

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Pakistan and Bangladesh have resumed direct trade for the first time since the 1971 separation, with the first government-approved cargo departing from Port Qasim, according to a media report.

The agreement was finalised in early February when Bangladesh agreed to purchase 50,000 tonnes of Pakistani rice through the Trading Corporation of Pakistan (TCP).

“For the first time, a Pakistan National Shipping Corporation (PNSC) vessel carrying government cargo will dock at a Bangladeshi port, marking a significant milestone in maritime trade relations,” the report said.