Bilateral ties with India now at peak: Tofail

DHAKA : Commerce Minister Tofail Ahmed on Thursday said the bilateral relationship with India now at its peak, reports UNB.
He made the comment while inaugurating a three-day ‘Indo-Bangla Trade Fair 2017’ at Sonargaon Hotel in the city on Thursday.
He said Prime Minister Sheikh Hasina is going to visit India soon when she would discuss various issues with the Indian Prime Minister to boost the trade and other relations.
India-Bangladesh Chamber of Commerce and Industry (IBCCI) organised the expo to showcase the products of both the countries. About 50 firms from both the sides participated in the February 16-18 fair.
Indian High Commissioner in Dhaka Harsh Vardhan Shringla and FBCCI President Abdul Matlub Ahmed also spoke on the occasion.
Terming the relation with India historic, the Commerce Minister said Bangladesh has been grateful to the neighboring nation for its supportive role in the Liberation War in 1971 as it sheltered Bangladesh people and Indian soldiers shed their bloods in the war.
He, however, expressed his disappointment over tariff, non-tariff and para tariff barriers that the Indian government has been continuing to block Bangladesh’s export to the neighbouring nation.
He said Bangladeshi readymade garments, which go all over the world, have a good potential in the Indian market, but those cannot be exported to India due to the barrier.
Calling the existing trade gap with India as very ‘natural’, he said Bangladesh has to import most products from neighbouring nation but some people expose it in a bigger way though the trade gap with China is the biggest.
“The trade gap with India still less than 7 billion while import from China is over 10 billion,” he said.
Inviting Indian entrepreneurs to invest in Bangladesh he said, “We want Indian investment in industrial sector as the country is offering best incentives for the foreign investors.”


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