Bangladesh can achieve greater trade synergies through cross border knowledge transfer to knowledge transfer and value chain resources from India to maximize production competitive advantage, FBCCI president Sheikh Fazle Fahim said highlighting the earlier call for bilateral value chain initiatives.
The trade body chief came up with the remark when newly appointed Indian High Commissioner (HC) Vikram K Doraiswami called on him at head office of Bangladesh Chambers of Commerce and Industries (FBCCI) in capital’s Matijheel Saturday.
Obsidian Bangladesh Managing Director Sheikh Fahim said Bangladeshi exports, joint-ventures (JVs) in automobile, motorbike components manufacturing, quantum computing, quantum internet, start-up ecosystem, cyber security, skills, digital equipment, research and production among others are best ways to achieve shared prosperity for India, Bangladesh and beyond.
FBCCI president also shared Prime Minister Sheikh Hasina’s stimuli and FBCCI’s role in its execution, the federation’s exhaustive consultation with both domestic and global strategic partners, and the federation’s engagement from the frontline entailing economic opening with sustainability prioritized in the first year and recovery in next two with the Indian envoy.
Furthermore, social endeavors of food programmes, relief funds, healthcare products during Covid-19 for front-liners throughout the country- that were contributed on behalf of the private sector of the country- were also highlighted.
Fahim also assured of being actively engaged in growth of Bangladesh’s exports, JVs, and prospective increase in value chain inputs from India.
Seasoned diplomat Vikram Kumar Doraiswami said Bangladesh has made tremendous progress in food sufficiency, vaccine production, generating resources etc. Major political problems have been resolved between the two countries.
“We may move forward for a bigger partnership in economic cooperation to integrate the relationship.”
Doraiswami highlighted the cooperation of India to Bangladesh in the areas of logistics, garments, agri- business, API, pharmaceuticals, automobile, environment friendly public transport, etc.
He also mentioned the direct linkage of waterways and railways for trade facilitation between Bangladesh and India.
Indian deputy high commissioner Bishwadip Dey and commercial officer Pramyesh Basall, FBCCI vice-president Rejaul Karim Rejnu and directors Sujib Ranjan Dash and Munir Hossain were also present during the occasion.