India excludes BD from trade curb imposed on neighboursadmin2019
India has excluded Bangladesh from the trade restrictions imposed lately on the countries sharing land border with it.
As per an order, any bidder from countries sharing land border with India will need registration and permission from several agencies to bid in any procurement whether of goods, services or works (including turnkey projects).
Political and security clearance from the Ministries of External and Home Affairs respectively will be mandatory for the bidders, said the order issued recently by the Indian authorities.
The restrictions, mainly targeted at Chinese businessmen, were imposed through an amendment to the General Financial Rules, following the recent border skirmishes between India and China.