Indian High Commissioner in Dhaka Vikram K Doraiswami yesterday sought the cooperation of Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) to boost bilateral trade between the two countries.
The Indian envoy expressed the interest while paying a courtesy call on FBCCI President Md Jashim Uddin at FBCCI in the city, said a press release.
At the meeting, Vikram K Doraiswami wanted to improve trade and investment relations with Bangladesh in the areas of logistics, food processing, automobiles and garments.
Md Jashim Uddin said that development of the logistics sector is the prime agenda of FBCCI.
“The apex trade body is working to submit a 12-year plan to the government for the development of the logistics,” he added.
On India’s trade potential with Bangladesh, he said, India could be a major supplier of yarn and cotton to the garment industry in the near future.
Citing some of the Indian companies operating in Bangladesh, the FBCCI chief said, they all are doing great.
Therefore, the investment of other Indian entrepreneurs in Bangladesh has a huge potential to be profitable, he added.
Md Jashim Uddin called for the development of infrastructure in the Indian part of the land ports to boost bilateral trade.
He said poor infrastructure hampers bilateral trade as many products cannot be exported from Bangladesh due to lack of facilities at Indian ports.
FBCCI Senior Vice President Mostofa Azad Chowdhury Babu, Vice President Md Habib Ullah Dawn, directors Rejaul Kariem Rejnu, Bijoy Kumar Kejriwal, Md. Shah Jalal, Mohammed Bazlur Rahman, Dr Joshodha Jibon Deb Nath, CIP, Priti Chakraborty and Secretary General Mohammad Mahfuzul Hoque were present at the meeting.
