DCCI trade team attends CWBTA Trade Summit in Kolkata

DHAKA, A 30member trade delegation of Dhaka Chamber

of Commerce and Industry (DCCI) attended a twoday CWBTA Eastern India Trade

Summit 2019 held in Kolkata on July 1516 to help explore new trade

opportunities and build closer partnership with neighboring countries.

Entrepreneurs from India, Bangladesh, Bhutan, Nepal and Thailand took part

in the summit, said a DCCI press release today.

DCCI's Vice President Imran Ahmed led the DCCI trade team in Kolkata.

Directors of DCCI Hossain A Sikder, Engineer Md. Al Amin, Mohammad

Bashiruddin, Deen Mohammad, former Senior Vice President Alhaj Abdus Salam,

former Vice President Md. Alauddin Malik were in the team.

The summit aimed to interact with the business leaders of partner

countries on business opportunities, drawing suggestions for the ease of

foreign trade, product basket and conducting informative exchanges.

Industries Minister of West Bengal Dr. Amit Mitra inaugurated the summit.

There were also a B2B matchmaking session and Fair at the second day of the

event.

In the opening ceremony of the summit, DCCI Vice President Imran Ahmed

said that Bangladesh could serve as a link between South and Southeast Asia

and desires to deepen its economic ties with India, Bhutan, Nepal and

Thailand.

He said the bilateral trade and investment is growing robustly with India

adding that the bilateral trade between Bangladesh and India reached to $9.49

billion.

Despite improved bilateral trade, export from Bangladesh to India was

insignificant contributing only 9.19 percent of the bilateral trade, widening

huge trade gap.

Imran said Bangladesh has taken an initiative of developing some 100

economic zones and special economic zones under the public private

partnership (PPP) model and under the private sector.

The DCCI Vice President thus urged the investors from India, Bhutan, Nepal

and Thailand to invest in these economic zones.

President of CWBTA Sushil Poddar said, The regional trade in eastern

India has tremendous potentials and can easily be doubled in revenue terms

over the next few years. We aim to make Kolkata the hub for expanding

bilateral trade with the regional countries and beyond

The summit aimed at forging cooperation among the neighboring countries

which would pave the way for bringing trading communities together from both

sides of border for strengthening regional crossborder trade volume.

Source: Bangladesh Sangbad Sangstha (BSS)