Economic Reporter :
Seeking more Indian investments in Bangladesh to minimize trade gap between Bangladesh and India, Industry Minister Amir Hossain Amu said India can set up industries in economic zones of Bangladesh to import products there that can help reduce trade gap between the two neighbours.
“Bilateral trade between Bangladesh and India reached US$7.0 billion in 2016-17 but Bangladesh’s trade gap with India is worth more than $6 billion. To reduce this gap, India can set up industries here and imports products from them,” said Amu told the opening session of India’s engineering exposition.
Engineering Export Promotion Council (EEPC) of India has organized the expo at Bashundhara Convention Centre to showcase Indian engineering and technologies.
The 3-day expo titled: “India-Bangladesh INDEE”, is a flagship engineering exhibition which was designed with a view to enhancing bilateral trade, mutual investment, joint ventures and technology transfer among the businesses of the two countries.
Indian High Commissioner in Dhaka Harsh Vardhan Shringla, joint secretary of India’s industries and commerce ministry B S Bhalla, acting president of the Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) Sheikh Fazle Fahim, president of India Bangladesh Chamber of Commerce and Industry Taskin Ahmed, India’s EEPC chairman T S Bhasin spoke on the occasion.
Seeking more Indian investments in Bangladesh to minimize trade gap between Bangladesh and India, Industry Minister Amir Hossain Amu said India can set up industries in economic zones of Bangladesh to import products there that can help reduce trade gap between the two neighbours.
“Bilateral trade between Bangladesh and India reached US$7.0 billion in 2016-17 but Bangladesh’s trade gap with India is worth more than $6 billion. To reduce this gap, India can set up industries here and imports products from them,” said Amu told the opening session of India’s engineering exposition.
Engineering Export Promotion Council (EEPC) of India has organized the expo at Bashundhara Convention Centre to showcase Indian engineering and technologies.
The 3-day expo titled: “India-Bangladesh INDEE”, is a flagship engineering exhibition which was designed with a view to enhancing bilateral trade, mutual investment, joint ventures and technology transfer among the businesses of the two countries.
Indian High Commissioner in Dhaka Harsh Vardhan Shringla, joint secretary of India’s industries and commerce ministry B S Bhalla, acting president of the Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) Sheikh Fazle Fahim, president of India Bangladesh Chamber of Commerce and Industry Taskin Ahmed, India’s EEPC chairman T S Bhasin spoke on the occasion.
