Bangladesh, Nov. 10 -- Another foreign-trade-facilitation venture emerges as the government has pledged to sign concession agreement with PSA Singapore firm by next April for building and operating Bay Terminal in Chattogram, officials have said.

Advertisement The commitment was made recently at a meeting between Shipping Minister Shaikh Rabiul Alam and Singapore's Non-Resident High Commissioner in Bangladesh Derek Low.

Sources have said officials from the Port Authority of Singapore also attended the meeting where two sides discussed the importance of setting up the terminal to handle growing international trade of the country.

Also, sources said, the High Commissioner and the PSA Singapore officials expressed commitment to extending...