Bangladesh's BCI, India's BCC ink MoU to push two-way trade, commerce
21 Mar 23 2 min read
The new agreement will facilitate participation in different trade fairs, expositions, and seminars in Dhaka and Kolkata. Both the BCI and BCC would work towards developing trade and investment between Bangladesh and India, according to a joint press release.
The MoU was signed by BCI president Anwar-ul Alam Chowdhury Parvez and BCC president NG Khaitan at the board room of BCI.
The BCI president stated that Bangladesh has a vast number of potential sectors, where India can cooperate and work in joint initiatives. Besides, there is also scope for working in technology, skills development, and training.
- Fitch Ratings downgrades Bangladesh to B+; outlook stable
- Bangladesh’s forex reserves to steady within months, Moody's predicts
- German business sentiment improves in April 2024: ifo
- Ex-Bangladesh Bank head backs continuing cash incentive for exports
- Bangladesh RMG sector calls for tax relief, incentives in FY25 budget
- China's fabric exports rise in Q1 2024; Vietnam leads as top market
The BCC president echoed the sentiments of the BCI president and said that his chamber could work with BCI in joint initiatives in Bangladesh. The BCC has also invited all concerned business leaders of Bangladesh to join the Business Summit in Kolkata.
A 14-member BCC delegation had arrived in Dhaka, Bangladesh on a three-day visit, which preceded the signing of the MoU, local media reports said.
Fibre2Fashion News Desk (NB)
Popular News
|
Six MoUs signed at Cambodia-Korea Business Forum in Seoul |
|
3 RCEP members among top 10 markets for Cambodian garments |
|
US retailer Ross Stores posts net earnings of $488 mn in Q1 |
|
BASF India expands production capacity in Panoli & Thane |
|
US import prices up 0.9% in Apr 2024; export prices up 0.5% |
|
Circular economic policy key to Bangladesh’s RMG export to EU: Experts |