IBCCI urges govt to set up EPZ for Indian investors
Monday, 25 June 2007
FE Report
The India-Bangladesh Chamber of Commerce and Industry (IBCCI) requested the Finance Adviser to set up a special Export Processing Zone (EPZ) in the country, where Indian investors will be given preference.
IBCCI also stressed upon the need for maximising the export to India, so that the present trade imbalance between the countries can be lowered.
IBCCI placed these suggestions when a delegation from the organisation's board of directors, headed by its President Abdul Matlub Ahmad and Chief Patron Pinak Ranjan Chakravorty, High Commissioner of India, met the adviser in the city Sunday.
In the meeting, the IBCCI president explained the background of forming the new chamber as well as its various objectives to the adviser.
He also informed the adviser that President Iajuddin Ahmed has given his consent to remain present in the launching ceremony of IBCCI, to be held July 22 at a city hotel. The adviser is also scheduled to remain present in the programme as guest of honour.
The Indian high commissioner, during the meeting, stressed upon relaxing the existing business hurdles between the two countries. Among others, Economic Minister of Indian High Commission DN Srivastova was also present on the occasion.
The India-Bangladesh Chamber of Commerce and Industry (IBCCI) requested the Finance Adviser to set up a special Export Processing Zone (EPZ) in the country, where Indian investors will be given preference.
IBCCI also stressed upon the need for maximising the export to India, so that the present trade imbalance between the countries can be lowered.
IBCCI placed these suggestions when a delegation from the organisation's board of directors, headed by its President Abdul Matlub Ahmad and Chief Patron Pinak Ranjan Chakravorty, High Commissioner of India, met the adviser in the city Sunday.
In the meeting, the IBCCI president explained the background of forming the new chamber as well as its various objectives to the adviser.
He also informed the adviser that President Iajuddin Ahmed has given his consent to remain present in the launching ceremony of IBCCI, to be held July 22 at a city hotel. The adviser is also scheduled to remain present in the programme as guest of honour.
The Indian high commissioner, during the meeting, stressed upon relaxing the existing business hurdles between the two countries. Among others, Economic Minister of Indian High Commission DN Srivastova was also present on the occasion.