>India replaces China as top exporter to BD

>INDIA has regained its position as the number one import source for Bangladesh, beating China, in the first nine months of the financial year ending June 30, The Economic Times reports quoting official figures.
This is mainly due to large-scale imports of rice and onion from India after Bangladesh faced a series of natural calamities last year.
Besides, analysts said, India, as the current chair of the South Asian Association for Regional Cooperation (SAARC), has also gone out of its way to woo the least developed countries among the member-nations, of which Bangladesh is one.
China has been the number one import source for Bangladesh during 2005-06 and 2006-07.
“India is set to dominate the Bangladesh market as importers here are shifting from China,” a senior commerce ministry official was quoted by the New Age newspaper as saying.

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