Publish: 21:52, 07 Aug, 2023

Indian business leaders urged to promote trade, investment with Bangladesh

Online Desk
Indian business leaders urged to promote trade, investment with Bangladesh

Foreign Minister AK Abdul Momen has said that both Bangladesh and India have made remarkable growth in trade and investment in recent years.

Momen received a business delegation from Indian Chamber of Commerce (ICC) from India on Monday afternoon at the Ministry of Foreign Affairs, reports Daily Sun.

During the interaction with the delegation, Dr. Momen expressed his satisfaction over the excellent bilateral relation between Bangladesh and India.

He urged that the two countries should work together to complement each other’s economies, especially, when the world is experiencing economic recession due to Covid-19 pandemic and ongoing geopolitical crisis.

The Foreign Minister noted, due to the dynamic leadership of Prime Minister Sheikh Hasina, regional stability has been ensured, which has benefited both the countries to augment economic growth.

Momen stressed on working for the promotion of bilateral trade and commerce in a balanced manner and emphasized to remove all kinds of trade barriers, especially, tariff and non-tariff barriers for enhancement of trade volume between Bangladesh and India.

He invited the business delegation to invest in Bangladesh and take advantage of the congenial investment regime of the country.

The Foreign Minister stressed on developing the two Special Economic Zones (SEZs) located at Mirsarai and Mongla dedicated for India at an expeditious manner, so that more investment can be accommodated.

The Indian delegation appreciated the recent remarkable socio-economic growth achieved under the dynamic leadership of Prime Minister Sheikh Hasina.

They expressed their readiness to engage with various business bodies for promoting trade and commerce with a view to achieving economic development in both the countries. They also expressed their keen interest in investing in Bangladesh especially in the health, education and power sector.

The delegation also proposed to launch the BIMSTEC Chamber of Commerce to promote trade and commerce amongst the BIMSTEC member states.

Foreign Minister Momen appreciated the idea and assured of extending necessary support in this regard.

Indian Chamber of Commerce which was set up in 1925, has a special focus on promoting trade and commerce in the South Asian and South East Asian countries. They are visiting Dhaka from August 6-8 and meeting various Chambers and business houses in Bangladesh.

Bd-pratidin English/Golam Rosul

More News
Adani shares plunge again in India following founder’s U.S. bribery charges
Adani shares plunge again in India following founder’s U.S. bribery charges
IMF Loans: A Double-Edged Sword for Bangladesh
IMF Loans: A Double-Edged Sword for Bangladesh
Bitcoin nears $100,000 amid optimism over Trump's crypto policies
Bitcoin nears $100,000 amid optimism over Trump's crypto policies
Opportunities created to decrease fuel oil price further: BPC chairman
Opportunities created to decrease fuel oil price further: BPC chairman
South Korea donates $2mn to support WFP’s Rohingya food aid in Bangladesh
South Korea donates $2mn to support WFP’s Rohingya food aid in Bangladesh
Dollar stagnates as market evaluates Trump policies and fed outlook; Bitcoin soars
Dollar stagnates as market evaluates Trump policies and fed outlook; Bitcoin soars
Bitcoin tops $95,000 for 1st time
Bitcoin tops $95,000 for 1st time
BB issues guidelines for operations of business in country by JVCA
BB issues guidelines for operations of business in country by JVCA
TCB launches potato sales at tk40/kg starting today
TCB launches potato sales at tk40/kg starting today
VAT on edible oil reduced to 5% to stabilise prices
VAT on edible oil reduced to 5% to stabilise prices
Gold price hiked by Tk2,939 per bhori
Gold price hiked by Tk2,939 per bhori
BAJUS Fair kicks off February 6
BAJUS Fair kicks off February 6
Latest News
Government will move forward step by step towards the election: Hassan Arif
Government will move forward step by step towards the election: Hassan Arif

19 minutes ago | National

UN reports heavy clashes between Israeli troops and Hezbollah in south Lebanon
UN reports heavy clashes between Israeli troops and Hezbollah in south Lebanon

53 minutes ago | International

Bumrah leads India's fightback as Australia crumble in first Test
Bumrah leads India's fightback as Australia crumble in first Test

1 hour ago | Sports

Train services resume after 4-hour halt
Train services resume after 4-hour halt

1 hour ago | National

Ukraine’s parliament cancels session after Russia fired a new missile
Ukraine’s parliament cancels session after Russia fired a new missile

1 hour ago | International

BD seeks EU support for US$ 200b to LDCs
BD seeks EU support for US$ 200b to LDCs

2 hours ago | National

Atiq, Alep, and Mohiuddin sent to prison after remand
Atiq, Alep, and Mohiuddin sent to prison after remand

2 hours ago | National

Indian commandos kill 10 Maoist rebels
Indian commandos kill 10 Maoist rebels

2 hours ago | International

Bangladesh keen to work with Orbis to expand eye care services: Prof Yunus
Bangladesh keen to work with Orbis to expand eye care services: Prof Yunus

3 hours ago | National

Ireland women’s cricket team arrives in Dhaka
Ireland women’s cricket team arrives in Dhaka

3 hours ago | Sports

9 kishor gang members arrested in Hajiganj
9 kishor gang members arrested in Hajiganj

3 hours ago | National

Auto-rickshaw drivers protest by blocking roads and railways in Jurain
Auto-rickshaw drivers protest by blocking roads and railways in Jurain

4 hours ago | National

10 killed in attack on Sufi shrine in Afghanistan
10 killed in attack on Sufi shrine in Afghanistan

4 hours ago | International

Cyberbullying awareness program Held in Charfesson
Cyberbullying awareness program Held in Charfesson

4 hours ago | Shuvosangho

ICC warrant to Netanyahu a 'political death' of Israel: Iran Guards Chief
ICC warrant to Netanyahu a 'political death' of Israel: Iran Guards Chief

4 hours ago | International

Strict anti-pollution measures in Delhi to remain in effect for at least 3 more days
Strict anti-pollution measures in Delhi to remain in effect for at least 3 more days

4 hours ago | International

US delegation of labor affairs arrives in Dhaka
US delegation of labor affairs arrives in Dhaka

5 hours ago | National

Low pressure system expected to develop in the sea by Saturday
Low pressure system expected to develop in the sea by Saturday

5 hours ago | National

Touhid to lead Bangladesh at UNAOC Global Forum in Portugal
Touhid to lead Bangladesh at UNAOC Global Forum in Portugal

5 hours ago | National

Fascism will resurface if not eradicated: Adviser Adilur Rahman
Fascism will resurface if not eradicated: Adviser Adilur Rahman

5 hours ago | National

Trump pledges release of JFK files, experts question potential revelations
Trump pledges release of JFK files, experts question potential revelations

5 hours ago | International

Death toll in gunmen’s attack on vehicles in Pakistan reaches 42
Death toll in gunmen’s attack on vehicles in Pakistan reaches 42

6 hours ago | International

Iran to launch 'advanced centrifuges' in response to IAEA censure
Iran to launch 'advanced centrifuges' in response to IAEA censure

6 hours ago | International

6,520 MT of Indian rice imported via Satkhira's Bhomra in 8 days
6,520 MT of Indian rice imported via Satkhira's Bhomra in 8 days

7 hours ago | National

19 juvenile gang members arrested in Hajiganj
19 juvenile gang members arrested in Hajiganj

7 hours ago | National

Ultra-large gold mine worth about $83 billion discovered in China
Ultra-large gold mine worth about $83 billion discovered in China

7 hours ago | International

Adani shares plunge again in India following founder’s U.S. bribery charges
Adani shares plunge again in India following founder’s U.S. bribery charges

7 hours ago | Economy

New EC to be sworn in Sunday afternoon
New EC to be sworn in Sunday afternoon

7 hours ago | National

82 more Bangladeshi citizens return from Lebanon, total reaches 697
82 more Bangladeshi citizens return from Lebanon, total reaches 697

7 hours ago | National

Editors want all upcoming elections to be held under caretaker government
Editors want all upcoming elections to be held under caretaker government

7 hours ago | Special

Most Read
Cultural Affairs Ministry unveils seven priority projects to inspire youth after July Revolution
Cultural Affairs Ministry unveils seven priority projects to inspire youth after July Revolution

21 hours ago | Showbiz

IMF Loans: A Double-Edged Sword for Bangladesh
IMF Loans: A Double-Edged Sword for Bangladesh

9 hours ago | Economy

Drug trafficking continues unabated
Drug trafficking continues unabated

8 hours ago | Special

Standing beside people armed forces became symbol of confidence: Chief Adviser
Standing beside people armed forces became symbol of confidence: Chief Adviser

21 hours ago | National

We’re reviewing election irregularities, plans punishment: Badiul Alam Majumder
We’re reviewing election irregularities, plans punishment: Badiul Alam Majumder

23 hours ago | National

Nations criticise vague climate finance deal at UN talks
Nations criticise vague climate finance deal at UN talks

23 hours ago | International

Advisor Syeda Rizwana Hasan urges for minimum and grant-based Allocation in COP29 negotiations
Advisor Syeda Rizwana Hasan urges for minimum and grant-based Allocation in COP29 negotiations

23 hours ago | National

Anti-Discrimination Student Movement forms 18-member central committee
Anti-Discrimination Student Movement forms 18-member central committee

10 hours ago | National

Netanyahu criticizes ICC over war crimes arrest warrants
Netanyahu criticizes ICC over war crimes arrest warrants

7 hours ago | International

6,520 MT of Indian rice imported via Satkhira's Bhomra in 8 days
6,520 MT of Indian rice imported via Satkhira's Bhomra in 8 days

7 hours ago | National

Hollywood films ‘Wicked’ and ‘Red One’ set to premiere in Bangladesh
Hollywood films ‘Wicked’ and ‘Red One’ set to premiere in Bangladesh

22 hours ago | Showbiz

Bangladesh tennis team beat Yemen
Bangladesh tennis team beat Yemen

23 hours ago | Sports

Bashundhara Shuvosangho supports human chain against attack on students
Bashundhara Shuvosangho supports human chain against attack on students

22 hours ago | Shuvosangho

New EC to be sworn in Sunday afternoon
New EC to be sworn in Sunday afternoon

7 hours ago | National

BD seeks EU support for US$ 200b to LDCs
BD seeks EU support for US$ 200b to LDCs

2 hours ago | National

82 more Bangladeshi citizens return from Lebanon, total reaches 697
82 more Bangladeshi citizens return from Lebanon, total reaches 697

7 hours ago | National

North Korea's Kim accuses U.S. of escalating tensions, warns of nuclear conflict
North Korea's Kim accuses U.S. of escalating tensions, warns of nuclear conflict

10 hours ago | International

Ultra-large gold mine worth about $83 billion discovered in China
Ultra-large gold mine worth about $83 billion discovered in China

7 hours ago | International

Bangladesh keen to work with Orbis to expand eye care services: Prof Yunus
Bangladesh keen to work with Orbis to expand eye care services: Prof Yunus

3 hours ago | National

Turkish officials welcome ICC arrest warrant for Netanyahu, Gallant over war crimes
Turkish officials welcome ICC arrest warrant for Netanyahu, Gallant over war crimes

10 hours ago | International

Editors want all upcoming elections to be held under caretaker government
Editors want all upcoming elections to be held under caretaker government

7 hours ago | Special

19 juvenile gang members arrested in Hajiganj
19 juvenile gang members arrested in Hajiganj

7 hours ago | National

Case filed over JU student's death caused by e-rickshaw on campus
Case filed over JU student's death caused by e-rickshaw on campus

21 hours ago | National

US delegation of labor affairs arrives in Dhaka
US delegation of labor affairs arrives in Dhaka

5 hours ago | National

Bolsonaro, Aides indicted over alleged 2022 coup attempt in Brazil
Bolsonaro, Aides indicted over alleged 2022 coup attempt in Brazil

9 hours ago | International

Trump choose Pam Bondi as attorney general as Matt Gaetz withdraws his name
Trump choose Pam Bondi as attorney general as Matt Gaetz withdraws his name

8 hours ago | International

Iran to launch 'advanced centrifuges' in response to IAEA censure
Iran to launch 'advanced centrifuges' in response to IAEA censure

6 hours ago | International

Strict anti-pollution measures in Delhi to remain in effect for at least 3 more days
Strict anti-pollution measures in Delhi to remain in effect for at least 3 more days

4 hours ago | International

Trump pledges release of JFK files, experts question potential revelations
Trump pledges release of JFK files, experts question potential revelations

5 hours ago | International

Fascism will resurface if not eradicated: Adviser Adilur Rahman
Fascism will resurface if not eradicated: Adviser Adilur Rahman

5 hours ago | National