FBCCI, ICC seek to boost bilateral trade ties

The Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) and the Indian Chamber of Commerce (ICC) have agreed to strengthen bilateral trade for the mutual benefit of Bangladesh and India.
The development came during the two trade bodies' business-to-business (B2B) meeting at the FBCCI office in the capital's Motijheel area on Monday.
Senior Vice-President of FBCCI Mostofa Azad Chowdhury Babu presided over the meeting. Director General of ICC Rajib Singh led the 43-member delegation of his organisation during the meeting with the FBCCI.
Senior Vice-President of FBCCI Mostofa Azad Chowdhury Babu said that Bangladesh and India are good business partners. He mentioned that new business opportunities are being created day by day between the two countries, which will help expand the investment partnership between the two neighbours.
Moreover, he emphasised that Bangladesh needs a profitable, sustainable and environment-friendly agriculture system to ensure long-term food security, saying that a cold chain infrastructure is vital in this regard.
He also mentioned that the Bangladesh Cold Storage Association is interested in collaborating with India for this reason.
Director General of ICC Rajib Singh highlighted that India has many skilled individuals involved in the energy sector, and they are interested in cooperating with Bangladesh.
He added that Indian traders may assist Bangladesh in setting up a transmission line to transport power from Bhutan and Nepal to Bangladesh.
Besides, he pointed out that a significant quantity of vegetables and spices are cultivated and produced in the north-eastern Indian states, which could be exported to Bangladesh.
FBCCI Director Priti Chakraborty called upon Indian entrepreneurs to invest in the health sector of Bangladesh. FBCCI Directors Bijoy Kumar Kejriwal, Hafeez Harun, Akkas Mahmud and businessmen from different sectors of the two countries were present at the B2B meeting.

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