Business Standard

B'desh keen to upgrade trade infra for more biz in N-E region

Image

Press Trust of India Agartala
With Indo-Bangladesh relation on the upswing, the neighbouring country is keen to improve its trade infrastructure in order to enhance business with North Eastern region.

"We are keen on improving trade infrastructure, immigration, customs facilities and establishing land ports between Bangladesh and India's North-East," Bangladesh Industries Minister Amir Hussain Amu said here today.

"We are North-East's natural business partner and we would like to be more actively engaged in enhancing our business relations with this part of India," Amu said in a business summit organized by FICCI and Tripura government.

Prime Minister Narendra Modi's historic visit to Bangladesh in June last year has taken the bilateral relation to an unprecedented height, he said and mentioned how the complicated enclave issue has been solved by the Land Boundary Agreement.
 

Bangladesh also is interested to restore the pre-partition communication map by connecting roads, railways and waterways which were disrupted during the Indo-Pak war of 1965, he said.

The minister said, "Our business community is capable enough to invest and run business outside Bangladesh. We therefore see immense prospect for expanding Bangladeshi business in the North-East."

The Bangladesh-China-India-Myanmar (BOIM) corridor would play a very important role in business as the region covers 9 per cent of the world's total area, 7.3 per cent of global GDP and involves 440 million people, Amu said.

Disclaimer: No Business Standard Journalist was involved in creation of this content

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Sep 22 2016 | 7:22 PM IST

Explore News