Foreign Minister Dr AK Abdul Momen on Monday conveyed to an Indian business delegation that 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 emphasised on working for the promotion of bilateral trade and commerce in a balanced manner and stressed the need for removing all kinds of trade barriers, especially tariff and non-tariff barriers, for enhancement of trade volume between Bangladesh and India.
He received the business delegation from Indian Chamber of Commerce (ICC) at the Ministry of Foreign Affairs.
The foreign minister, during his interaction with the delegation, expressed his satisfaction over the excellent bilateral relation between the two neighbours.
He noted that both Bangladesh and India have made remarkable growth in trade and investment in the recent years.
Momen said that the two countries should work together to complement their economies, especially when the world is experiencing economic recession due to Covid-19 pandemic and ongoing geopolitical crisis.
He invited the business delegation to invest in Bangladesh and take advantage of the congenial investment regime of the country.
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Momen said that Bangladesh is developing two Special Economic Zones (SEZs) 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 Banglades, especially in health, education and power sector.
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They also proposed to launch BIMSTEC Chamber of Commerce to promote trade and commerce among the BIMSTEC member states.
Momen appreciated the idea and assured of extending necessary support in this regard.
The 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 on August 6-8 and meeting various chambers and business houses in Bangladesh.