Former FBCCI President: Bangladesh-India Relations Better Now than Any Time in the Past

22 May 2017

Mr. Abdul Matlub Ahmad, Chairman, Nitol-Niloy Group, Bangladesh, and former President, Federation of Bangladesh Chambers of Commerce and Industry, expressed confidence in the business relationship between Bangladesh and India in an interview, saying it is better right now than any time in the past.

Bangladesh Prime Minister Sheikh Hasina's recent visit to India brought significant change in people’s mindset, according to Mr. Matlub, and the trade and business community should build on the friendship between the two countries—a relationship that has led to the development of the two nations both politically and economically.

A flourishing business sector can help promote development of the two countries, underscored Mr. Matlub.

The former FBCCI President also spoke about the Indo-Bangla Chamber of Commerce and Industry's (IBCCI) aim to create more investment and export options in Bangladesh. Developing Bangladesh's export industry could help encourage further Indian investment.

Mr. Matlub credited the IBCCI for its role in helping get Bangladesh goods to India with total market access. Bangladesh is urging Indian investors to export the Indian branded goods back to India.


Related Links:

Paperless Trade to Enhance Bangladesh’s Competitiveness

The Bangladesh Foreign Trade Institute organized a validation workshop to assess the impact of paperless trade facilitation in...
Read More >>

Benapole-Petrapole ICP Launch 24/7 Operations

The ports of Benapole-Petrapole between Bangladesh and India began round-the-clock operations on 1 August 2017, following an agreement...
Read More >>

US Gov'ts MCC to Invest in South Asian Energy Connectivity

The Government of the United States' Millennium Challenge Corporation (MCC) is finalizing a $500 million investment to help...
Read More >>

Commentary: 25 years of ASEAN–India Integration

This commentary by Mr. Prabir De, Professor at the Research and Information System for Developing Countries, and Coordinator,...
Read More >>

India Releases National Trade Facilitation Action Plan

The Government of India, led by Finance Minister Arun Jaitley, launched the National Trade Facilitation Action Plan (NTFAP)...
Read More >>

Impact of Goods and Services Tax on Bhutan and Nepal’s Third Country Trade

Charges for different port and Customs services for Bhutan and Nepal’s third country import/export through India will not...
Read More >>

Bangladesh and Sri Lanka Ink 14 Deals for Cooperation

Bangladesh and Sri Lanka signed 14 instruments of cooperation in coastal shipping, agriculture, higher education, foreign service training,...
Read More >>