"This opportunity will raise mutual benefit of both the economies. In this respect, I urge to discuss this issue with your policymakers so that the economies of Bangladesh and India could reap optimum benefit from this facility," MKM Mohiuddin said this during a meeting Monday with S Bhattacharjee, assistant Indian high commissioner, Chittagong, according to a press release of the Chittagong Stock Exchange.

The CSE chief said CSE is always promoting foreign investors to invest in Bangladesh through capital market.

Listing several incentives the Bangladesh government offers for the foreign entrepreneurs who are keen to invest in agro based sectors, light engineering and textiles, he said it is the high time to take advantage of this opportunity and align the Bangladesh capital market as a source of capital in the industrial financing.

"Immediate steps are necessary to reduce the huge trade deficit between the two neighboring countries and in this respect, I would like to urge our business leaders to increase bilateral technical cooperation", Mohiuddin said.

Key sectors like education, tourism and agriculture should get priority in joint ventures on these sectors and raising fund from the Bangladesh capital market, he also suggested.

He requested Bhattacharjee to make one-to-one contact between the businesspeople of both the countries to expand trade.

First Vice President Nasiruddin Ahmed Chowdhury, Vice President Fakhor Uddin Ali Ahmed, directors ASM Shahidullah, Bijan Chakroborty, Chief Executive Officer AB Siddique, General Manager of IT Abdul Mutaleb and General Manager of Compliance Atiquzzaman were present in the meeting.

AKM Shahroze Alam, deputy manger of Corporate Development, made presentations on CSE and the current scenario of Bangladesh capital market.