Bangladesh to increase trade, investment relations with North East India

The state minister for foreign affairs has stressed on increasing trade and investment relations with North East India region which is both geographically and culturally linked with Bangladesh.

Senior Correspondentbdnews24.com
Published : 15 Nov 2017, 01:53 PM
Updated : 15 Nov 2017, 01:53 PM

Md Shahriar Alam called upon the business chambers of both sides to identify the barriers in existing trade and investment and “proactively” work with respective government so that the volume of business could be expanded in future.

Human Resources Development is another area of strategic intervention, he said while inaugurating the North East India-Bangladesh EXIM Conclave on Wednesday in Dhaka.

CEO North East Foundation Bhanu Pratap Singh was also present, among others.

He said the North East India is connected with Bangladesh both geographically and culturally.

But to take maximum advantage of the geographical contiguity, business communities of both sides need to share ideas and contribute to the flow of investments across the border.

He identified information and communication technology, agro-processing, renewable energy, and hydroelectricity are the sectors in which both Bangladesh and India’s North Eastern States enjoy “comparative advantages”, so need to be given “utmost importance”.