• Wednesday, Jul 17, 2019
  • Last Update : 11:57 pm

Riva Ganguly terms Bangladesh-India ties as golden chapter

  • Published at 11:35 pm June 17th, 2019
Riva Ganguly Das
File phtoo of Indian High Commissioner to Bangladesh Riva Ganguly Das UNB

She made the remarks at a views-exchange meeting organized by Chittagong Chamber of Commerce and Industry (CCCI) at Bangabandhu Conference Hall of World Trade Centre in the city

Indian High Commissioner to Bangladesh, Riva Ganguly Das has said that Bangladesh-India bilateral relations are going through a golden era due to sincere leadership of the Prime Ministers of India, and Bangladesh.

Riva Ganguly made the remarks at a views-exchange meeting organized by Chittagong Chamber of Commerce and Industry (CCCI) at Bangabandhu Conference Hall of World Trade Centre in the city.

"Mutual relations and economic development of the two countries are playing an instrumental role in the trade and commerce. Out of 10 billion dollar mutual trade, during fiscal 2018-19, the export of Bangladesh has surpassed $1.04 billion. The export of readymade garments has soared in this respect. Many reputed Indian companies like Hero, and Tata have invested 570 million dollars directly," said Ganguly.

Indian High Commissioner expressed her optimism that the non-tariff barriers in terms of Bangladesh's export to India would be removed based on bilateral discussions.   

Underscoring the need for Bangladesh's export diversification, and narrowing down the huge trade deficit, CCCI President Mahbubul Alam sought necessary cooperation from the High Commissioner for removing non-tariff barriers.

The CCCI President also opined that both countries would be able to reap benefits through joint or single investment in the Mirsarai Economic Zone.

"The connectivity of roads, waterways, and railways has to be increased to enhance trade connectivity with the seven sister states of India. The communication system has to be developed. Chittagong port is a key factor in Bangladesh economy. Around 98 percent of containers are transported through this port," said the CCCI President.  

Business leaders drew the attention of the Indian High Commissioner about non-tariff barriers, transit cargo movement, and reduction in cost of doing business, investment in skilled human resources, health sector, and other matters.

The board of directors, leaders of different trade bodies, and civil society members participated in the views-exchange meeting.