Commerce Minister Tipu Munshi has called for removing barriers to cut down the existing trade deficit between India and Bangladesh and for increasing the capacity of land ports on the India-Bangladesh border.
Tipu Munshi said, “India is a close friend and major trading partner of Bangladesh. There is a huge demand for Bangladeshi products in the Indian market. We are now able to export international quality products at relatively low prices. For this reason, it is necessary to increase the capacity of the land ports on the India-Bangladesh border.”
The minister said this while meeting with newly appointed Indian High Commissioner in Dhaka Pranay K Verma at the Commerce Ministry in the city on Tuesday, said a press release.
In his speech, Pranay K Verma said there is a historical and excellent relation between the two countries.
“Bangladesh is a good friend of India. The Indian government has always given importance to Bangladesh. India’s business, trade and cooperation with Bangladesh have increased a lot. Communication system has improved. Bangladesh’s communication with India’s bordering states has become easier. As a result, trade between the two countries has increased,” he added.
