Fahim also assured of being actively engaged in growth of Bangladesh’s exports, JVs, and prospective increase in value chain inputs from India
Highlighting an earlier call for Bilateral Value Chain Initiatives (BVCI) in knowledge transfer and value chain resources from India to maximize Bangladesh’s production competitive advantage, the Federation of Bangladesh Chambers of Commerce and Industries (FBCCI) President Sheikh Fazle Fahim expressed his confidence over next tier bilateral trade relations.
Fahim hoped to achieve this with the support of the newly appointed Indian High Commissioner (HC) Vikram K Doraiswami, after meeting with the latter at the renovated FBCCI Icon 60 Motijheel in the capital on Saturday, said a press release.
Bangladeshi exports, joint-ventures (JVs) in automobile, motorbike components manufacturing, quantum computing, quantum internet, start-up ecosystem, cyber security, skills, digital equipment R&D and production among others are best ways to achieve shared prosperity for India, Bangladesh and beyond, the FBCCI chief also said.
The FBCCI president also shared Prime Minister Sheikh Hasina’s stimuli and FBCCI’s role in its execution, the federation’s exhaustive consultation with both domestic and global strategic partners, the federation’s engagement from the frontline entailing economic opening with sustainability prioritized in the first year and recovery in next two with the Indian envoy.
Furthermore, social endeavours of food programs, relief funds, healthcare products during Covid-19 for front-liners throughout the country- that were contributed on behalf of the private sector of the country- were also highlighted.
“Many Indian institutions have organic alignments for institutional partnership with FBCCI on our Impact 4.0 initiative, which are being explored,” he said.
Fahim also assured of being actively engaged in growth of Bangladesh’s exports, JVs, and prospective increase in value chain inputs from India.
Vikram Kumar Doraiswami said: “Bangladesh has made tremendous progress in food sufficiency, vaccine production, generating resources etc. We may move forward for a bigger partnership in economic cooperation to integrate the relationship.”
Doraiswami highlighted the cooperation of India to Bangladesh in the areas of logistics, garments, agri- business, API, pharmaceuticals, automobile, environment friendly public transport, etc.
He also mentioned the direct linkage of waterways and railways for trade facilitation between Bangladesh and India.
Bishwadip Dey, deputy high commissioner and Pramyesh Basall, commercial officer, alongside FBCCI Vice-President, Md Rejaul Karim Rejnu; and FBCCI Directors Sujib Ranjan Dash, Md Munir Hossain was also present during the occasion.