Turn Mongla Port into an Indo-Bangla business hub
Says Sikri
Star Business Report
Mongla Port can be developed into a hub of business between Bangladesh and India, said outgoing Indian high commissioner to Bangladesh Veena Sikri at a function in Dhaka on Tuesday.She also said Bangladesh has huge potential in regional business if the country improves its connectivity through train service, waterways and other infrastructure development, according to a press release. Sikri was speaking at the function organised by the Dhaka Chamber of Commerce & Industry (DCCI) to bid her farewell. She also emphasised the need for both-way foreign direct investment and cross matching of companies between the two countries. At the farewell function, DCCI President MA Momen highlighted her contribution to deepening bilateral trade and economic relations between Bangladesh and India. Bangladesh's exports to India increased to US$242 million in FY 2005-2006 from $144 million in FY 2004-2005, helping reduce the trade gap between the two countries, Momen said, citing statistics of the Export Promotion Bureau. Mahbubur Rahman, president of International Chamber of Commerce-Bangladesh, AK Azad, president of Bangladesh Chamber of Industries, and MA Awal, chairman of Bangladesh Textile Mills Association, among others, were present at the function.
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