Bangladesh’s Foreign Minister, Dr. AK Abdul Momen, has called on Indian entrepreneurs to explore investment opportunities in Bangladesh, leveraging the favorable investment climate the nation offers. He emphasized the rapid development of the two designated Special Economic Zones (SEZs) in Mirsarai and Mongla for India, aiming to attract more investments. This appeal was conveyed during a meeting with a delegation from the Indian Chamber of Commerce (ICC) held at the foreign ministry in Dhaka. Dr. Momen expressed his contentment with the strong bilateral relationship between India and Bangladesh, highlighting the substantial growth in trade and investment witnessed in recent years.
Amid the global economic challenges posed by the Covid-19 pandemic and ongoing geopolitical tensions, Dr. Momen underscored the importance of collaborative efforts between the two countries to bolster each other’s economies. He attributed regional stability and economic growth to the effective leadership of Prime Minister Sheikh Hasina. Stressing the need for balanced bilateral trade promotion, Dr. Momen urged the removal of trade barriers, including tariffs and non-tariff obstacles, to enhance trade volume between the two nations.
The visiting Indian delegation lauded Bangladesh’s impressive socio-economic progress under Prime Minister Sheikh Hasina’s visionary leadership. They expressed their enthusiasm to engage with various business entities to foster trade and commerce, particularly focusing on sectors like healthcare, education, and power. Proposing the establishment of a BIMSTEC Chamber of Commerce to enhance trade among member states, the Indian representatives found receptive ears in the Foreign Minister, who welcomed the idea and promised support.
The Indian Chamber of Commerce, founded in 1925 with a special emphasis on promoting trade within South Asian and Southeast Asian countries, embarked on a visit to Dhaka from August 6 to August 8, 2023. During their stay, they engaged with various chambers and business establishments in Bangladesh to further bilateral economic cooperation.
