Dhaka, Oct. 28 -- Pakistan has offered Bangladesh the use of its Karachi port for conducting foreign trade with countries such as China, Gulf, and Central Asian nations, officials said on Monday.

In response, Dhaka expressed interest in exploring the proposal by forming a sectoral working group, officials attending the Joint Economic Cooperation (JEC) meeting in Dhaka said.

Both nations also agreed to eliminate tax-related complexities, with Islamabad pledging to reduce taxes on jute and certain other products to help Dhaka enhance exports and narrow the trade gap. Pakistan has already removed the 2.0 per cent customs duty on jute imports from Bangladesh as a gesture to improve trade and economic cooperation.

After 20 years, Bangladesh...