Md. Jasim Uddin, President of the Federation of Bangladesh Chambers of Commerce and Industries (FBCCI), has called for the strengthening of bilateral trade between Bangladesh and India, as well as regional trade within the South Asian region.
The FBCCI President made this request during a courtesy meeting with Indian High Commissioner Pranay Kumar Verma at the FBCCI office on Tuesday.
Highlighting the existing commercial relations between India and Bangladesh, President Md. Jasim Uddin expressed the potential for further enhancing trade between the two countries.
He emphasized that Bangladesh possesses various products with export potential that India currently imports from other countries worldwide. President Uddin suggested that Bangladesh can take advantage of this opportunity and export products such as tiles, ceramics, electronic equipment, and bicycles to India.
The FBCCI President also pointed out the possibilities for expanding trade between Bangladesh and the northeastern states of India. He proposed the establishment of a special economic zone in the Sylhet-Sunamganj region to facilitate trade with the northeastern states. This would allow products to be manufactured in the region and supplied directly to the northeastern states of India.
Expressing gratitude to the governments of both countries for initiating trade in rupees, President Uddin acknowledged the potential for further growth and cooperation in trade between Bangladesh and India.
During the courtesy call, Indian High Commissioner Pranay Verma emphasized the enormous potential for expanding trade between the two nations. He highlighted the interest of Indian investors in investing in Bangladesh and emphasized India's focus on the development of regional communication systems.
The courtesy meeting was attended by FBCCI Senior Vice President Mostafa Azad Chowdhury Babu, Director Syed Sadat Almas Kabir, Shah Jalal (Bachchu), Preeti Chakraborty, and SAARC Chamber Vice President Shafkat Hayday.
The FBCCI President’s appeal to strengthen bilateral and regional trade reflects the growing economic cooperation between Bangladesh and India, while also emphasizing the potential for further collaboration and mutual benefit in trade and investment.
