Enhanced Indo-Bangla trade stressed
A view exchange meeting was held between leaders of Chittagong Chamber of Commerce and Industry (CCCI) and visiting trade delegation from Confederation of Indian Industry (CII) here yesterday emphasising joint programmes to increase bilateral trade.
A multimedia documentary titled Investment Prospect in Bangladesh: Chittagong Perspective was alsp projected at the meeting held at the CCCI auditorium.
CCCI President Saifuzzaman Chowdhury called for Indian investment in the potential sectors in the port city.
Delegation leader Srikant Somani said CII would play a role in removing non-tariff and para-tariff barriers to reduce trade deficit between the two countries and attract Indian investment particularly in the infrastructural sector of Bangladesh.
He also stressed the need for exchanging trade delegations and assured the Chittagong chamber leaders of all out support of CII in organising exhibition of Bangladeshi goods and seminars on investment in Bangladesh at different cities including Kolkata and Mumbai in India.
Pointing to the $1billion Indo-Bangla trade deficit, the CCCI chief urged India to import Bangladeshi goods at an enhanced rate.
CCCI Vice President Mahabub Alam, directors Md. Mahabub Ali, Mahfuzul Haq Shah, Fahim Ahmed, former senior vice president Ershad Ullah, Indian Assistant High Commissioner Subrata Bhattacharya and Economic Councilor of the high commission Sudhakar Dalela also spoke.