Business Desk :
FBCCI President Md Jashim Uddin on Monday called upon the government to take initiative to harness the huge untapped potentials of bilateral trade between Bangladesh and Indonesia. Jashim made the call when Bangladesh Ambassador to Indonesia Air Vice Marshal Mohammad Mostafizur Rahman called on him at his FBCCI office, said a press release. In FY21, the import-export trade between Indonesia and Bangladesh stood at US$ 1.9 billion, which has a huge potential for further growth.Indonesia has a large market for Bangladeshi medicines, agricultural products, poultry, jute and leather goods and footwear. Jashim also urged the ambassador to take initiative so that Indonesia would also invest in an economic zone of Bangladesh. During the meeting the ambassador said that the Bangladesh government is keen to be a sectoral dialogue partner of Indonesia. As the tariff and tax structure in the country is relatively simple, it will be easier for Bangladeshi exporters to capture the market, he said.
