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India eyes stronger trade, investment ties with Bangladesh
Indian Deputy High Commissioner to Bangladesh Pawankumar Tulshidas Badhe stressed the need for expanding bilateral trade and investment, removing tariff and non-tariff barriers and further strengthening commercial connectivity between the two countries.
He met the Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) Administrator Md Fazlul Hoque at the federation's Gulshan office in Dhaka on Sunday.
Badhe stressed the need to form a business-to-business (B2B) task force to facilitate trade and investment between the two countries.
He said his office has been maintaining regular communication and holding discussions with the governments of both countries to expedite the formation of the task force.
He also sought cooperation from Bangladesh's private sector, under the leadership of FBCCI, to make the initiative effective.
Badhe said India has recently eased visa procedures for Bangladeshis travelling to India.
The Indian High Commission in Dhaka is currently issuing around 5,000 visas a day, he added.
FBCCI Administrator Md Fazlul Hoque said a joint task force could play an effective role in boosting bilateral trade and strengthening cooperation between Bangladesh and India.
He urged businessmen and entrepreneurs from both countries to work together to promote investment and trade in emerging and promising sectors, reports UNB.