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India is Bangladesh’s great friend and business partner: Commerce Minister

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Commerce Minister Tipu Munshi said India is Bangladesh’s great friend and business partner.

 

He hopes that bilateral trade with India will increase significantly between the countries if some measures would be taken to make easy trade.

 

Read more: E-commerce has a billion-dollar prospect in Bangladesh: Tipu Munshi

 

Tipu Munshi said this during a views exchange with Pranay Verma, the newly appointed High Commissioner of India in Dhaka, in his office at the Bangladesh Secretariat on Tuesday.

 

Bangladesh is now able to supply international quality products at relatively low prices. For this reason, it is necessary to increase the capacity of the land ports on the India-Bangladesh border and complexity needs to be removed to increase trade, the commerce minister said.

 

The commerce minister said that the border huts have created a lot of interest among the people of both countries. People of the seven sister states of India have benefited. This makes the people of both countries happy.

 

Read more: Minimum or zero LC margin for imports of daily commodities for Ramadan, says Tipu Munshi

 

“If visa issuance becomes easier, people’s movement will increase. It will benefit the people of both countries. Bangladesh is interested in increasing the export of products to the Indian market, for which the Indian government needs sincere cooperation,” he said.

 

In response India’s newly appointed High Commissioner Pranay Verma said Bangladesh is a good friend of India. The Indian government has always given more importance to Bangladesh.

 

“India’s business, trade, and cooperation with Bangladesh have increased a lot. The communication system has improved. Along with air, road, and sea connectivity has improved. Bangladesh’s communication with India’s bordering states has become easier,” he added.

 

As a result, trade between the two countries has increased. Both countries have benefited due to the transportation of goods through containers by rail. The people of both countries have benefited from the establishment of the road as well as train connectivity, Verma said.

 

Source: United News of Bangladesh