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Home Exports

Exports: PM Sheikh Hasina aims for markets in India and beyond Northeast

Fiinews by Fiinews
June 30, 2024
in Exports
Reading Time: 2 mins read
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Sheikh Hasina At Cii.

L-R: Sanjiv Puri, President, CII and Chairman and Managing Director, ITC Ltd; Sheikh Hasina, Prime Minister of Bangladesh and Chandrajit Banerjee, Director General, CII during the interaction.

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CII plans visit by Indian CEOs to Bangladesh later this year

India and Bangladesh should work together to do business in the huge Indian market and beyond in neighbouring regions, Bangladesh Prime Minister Sheikh Hasina said during her recent visit to India.

Addressing the Confederation of Indian Industry (CII) https://www.cii.in/ members on 21 June, she said, “All over India, there is a huge market so both the countries can work jointly and share our experiences. There is a good opportunity to do business https://www.nseindia.com/ .”

The Prime Minister stressed that doing business is a key part of the bilateral relationship https://www.sgx.com/, and high importance is being given by her government to working with India to fulfil the needs of the people https://www.bseindia.com/ .

Bangladesh wants to expand beyond agriculture and develop its industry through Special Economic Zones, added Sheikh Hasina, inviting Indian businessmen to invest in these zones for which there is a large market in India, and beyond neighbouring Northeast regions https://fieo.org/ .

The Prime Minister mentioned that she wanted to make the economy of Bangladesh stronger and more sustainable, and her government will work on bigger ports, waterways, rail and road connectivity https://ficci.in/api/home .

CII President Sanjiv Puri assured that Bangladesh is India’s land bridge to the vibrant regions of Southeast Asia http://deutsche-boerse.com , and called on business communities from the two countries to address the market together at a time when supply chains are shifting https://www.phdcci.in/ .

He called for private sector led joint ventures between the two countries promoting agriculture opportunities https://www.wto.org/ .

CII Director General Chandrajit Banerjee informed the visiting Prime Minister that CII plans to take a delegation of CEOs to Bangladesh later this year to drive more economic engagements between businesses of both countries https://www.jpx.co.jp/english/ .

During the industry interaction, business members from India and Bangladesh highlighted several sectors of joint collaborations, including increasing the supply of energy to Bangladesh with a special emphasis on hydropower and creating more energy transmission lines to Bangladesh https://www.ibef.org/ .

They also spoke about education and skill development in Bangladesh through telecommunications solutions. Other areas of collaboration such as agriculture, trade, and IT were discussed as well https://attentionindia.com/ . Fiinews.com

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