CPD organised an In-house Workshop on Agricultural Trade between Bangladesh and India: An Analysis of Trends, Trading Patterns and Determinants at its office on 3 April 2011. CPD Research Fellow Dr A K M Nazrul Islam presented the preliminary findings of the CPD-CMI collaborative study. The focus of the study was to understand the trend and nature of changes in Bangladesh-India agricultural trade since 1971 in order to identify the policy inputs required for the faster growth of the bilateral agricultural trade in the coming days. The study noted that India continued to remain an important trade partner for Bangladesh, overall as well as for agricultural trade, but Bangladesh’s exports of agricultural commodities to India is much smaller than her imports from India. However, exports of agro-based products to India is increasing fast. Suggestion was thus made to encourage this sector through fiscal and financial incentives, besides ensuring easier access to the Indian Market. The workshop was attended by H E Ms Ragne Birte Lund, Ambassador, Royal Norwegian Embassy along with other senior embassy officials. From CMI, Dr Arne Wiig, Senior Researcher; Dr Inge Amundsen, Senior Researcher; and Dr Ivar Kolstad, Research Director, Poverty Reduction Group were present at the workshop. CPD senior researchers including Professor Rehman Sobhan and other national experts on agriculture and trade also participated in the workshop.
Bangladesh's rate of poverty reduction has slowed down in recent years. The yearly average rate of poverty reduction has dropped from 1.7 percent, between 2005 and 2010, to 1.2 percent, between 2010 and 2016.