Nepal is interested in using Bangladeshi ports for international trade
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Nepal is interested in using Bangladeshi ports for international trade

Nepal’s Ambassador to Dhaka Banshidhar Mishra, expressed Nepal’s interest in using Bangladesh’s ports for international trade.

The ambassador expressed his interest in a courtesy call on Mostafa Azad Chowdhury Babu, senior vice-president of FBCCI, a top business organization.

Nepal currently uses the Kolkata port for import and export.

The country has been talking about using Bangladeshi ports for several years.

In a courtesy call at the Federation Building in Motijheel on Thursday, the ambassador noted the “complexities of using the Kolkata port” in international trade and expressed his country’s interest in using the Bangladeshi port.

This was informed in a press release of FBCCI.

Highlighting the two countries’ huge potential in hydropower and commodities trade, the ambassador said Nepal is after Brazil in hydropower generation. If Bangladesh invests in this sector, both countries will benefit.

Mostafa Azad, senior vice-president of the FBCCI, said Bangladesh produces more potatoes than it needs. Nepal can import potatoes from Bangladesh at comparatively low prices.

Asked if Bangladesh could invest in Nepal’s medical sector, the ambassador said an opportunity to set up medical colleges in cities other than Kathmandu.

FBCCI Vice President MA Momen, Vice President Amin Helali and Chief Executive Officer Mohammad Mahfuzul Haque were present.

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