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Option 2 : Bangladesh

  • India and Bangladesh have signed an agreement for the formation of a 50:50 Joint Venture Company for LPG business in Bangladesh.
  • The agreement was signed between the IOC Middle East FZE, Dubai, and RR Holdings Ltd., Ras Al Khaimah, UAE, the holding company of Beximco LPG of Bangladesh.
  • It will help reduce the cost of import of LPG and make it more affordable for consumers in Bangladesh.
  • Bangladesh:
    • Capital - Dhaka.
    • Currency - Bangladeshi Taka.
    • President - Abdul Hamid.
    • Prime Minister - Sheikh Hasina.
    • National Sport - Kabaddi.
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