Export – Import deficits are decreasing for Bangladesh to India as Bangladesh increased garments export to India 94% in one year, said leaders of FBCCI. They said the export volume has reached USD 2 billion for the first time by the end of this fiscal year. The demand is on the rise for Bangladeshi products in India, especially in the fields of apparel. Mr. Jasim Uddin, president of FBCCI said this after a meeting with Vikram K Dosaiswami, high commissioner of India to Bangladesh, the meeting held on 19th of January, 2022 here in Dhaka, Bangladesh.
Mr. Jasim Uddin also discussed to Mr. Vikram K Dosaiswami about making development of infrastructure in the Indian part of the land ports to boost bilateral trade. He also added that due to poor infrastructure bilateral trades are being hampered and even sometimes products cannot be exported to Indian part because of lack of facilities.
Mr. Vikram informed that India is keen to boost up the bilateral trade between India and Bangladesh and therefore he seeks FBCCI’s cooperation to strengthen further the business ties between these two countries. He also added that India is also interested to invest in Bangladesh’s logistics, food processing, automobile and in garment sectors.
In the meeting on 19th January, 2022, FBCCI’s Senior vice president Mr. Mostafa Azad Chowdhury babu, Vice president Mr. Habib Ullah Dawn, Directors Mr. Rejaul Kariem Renju, Bijoy kumar Kejriwal, Md. Shah Jalal, Mohammad Bazlur Rahman, Dr. Joshodha Jibon Deb Nath, Priti Chakraborty and secretary general Mohammad Mahfuzul Hoque were present.