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Home International Customs India

Pankaj Saran concerns over trade gap between India, Bangladesh

byCustoms Today Report
04/08/2015
in India
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NEW DELHI: Bangladeshi businesses should export more to the Indian market of 1.2 billion people to narrow the huge bilateral trade gap between the countries; Indian High Commissioner Pankaj Saran said 2015.

Bangladeshi company Pran has shown that India could be a big market for Bangladeshi businessmen as the food processing company has been performing very well in the Indian market, he said.“Pran plans to open office in every state of India to do more business,” Saran said.

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He spoke at the regular luncheon meeting of Foreign Investors’ Chamber of Commerce and Industry (Ficci) at the Westin hotel in Dhaka. Ficci President Rupali Chowdhury moderated the function.

Both India and Bangladesh have common economic space. When we look at common economic space, it is a common market, common economic opportunity and common pool of resources.

The chamber invited Saran to speak about the outcomes of the Bangladesh visit of Indian Prime Minister Narendr Modi in June when 22 different agreements were signed between the two countries.

Tags: Indian market of 1.2b

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