‘India’s new budget to open up trade opportunities with Bangladesh’ 

Indian High Commissioner Riva Ganguly Das has expressed her hope that the country's budget for fiscal year 2020-21 will open up more business and trade opportunities between India and Bangladesh.  

She made the remark in her welcome address at a seminar on "Scope of Enhancing Indo-Bangla Bilateral Trade in Light of Indian National Budget 2020" at a Dhaka hotel on February 25.

India-Bangladesh Chamber of Commerce and Industry (IBCCI) and the High Commission of India in Bangladesh jointly organised the seminar, said a press release. 

Large number of participation from various chambers of commerce and industry, think-tanks and business heads of multinational companies based in Bangladesh was present on the occasion. 

Dr Prakash Chand Saboo, country head of the State Bank of India, in his keynote presentation on the provisions of the Indian new budget said that it will help boost India-Bangladesh trade and investment to a great extent thereby enhancing the economic benefits for both the countries.

Dr Pramyesh Basall, commercial representative of the high commission, made a presentation on "Promoting Indo-Bangla Trade and Commerce" wherein he covered the new vistas of engagement and increasing trade and commerce between the two neighboring nations. 

Anita Barik, railway advisor of the high commission, also gave a presentation on ongoing connectivity projects between India and Bangladesh.

IBCCI President Abdul Matlub Ahmad spoke on wide areas of trade, business and connectivity between Bangladesh and India. 

He further said, "India and Bangladesh has crossed $10 billion mark in 2019 and as the voice of industry, IBCCI will further strive for increasing the trade figures specially exports from Bangladesh and investment from India for the year 2020." 

The event also saw presentations by Ashish Goupal, managing director of Marico Bangladesh Ltd, and Robin Kumar Das, country head of Mahindra and Mahindra.