Bangladesh, India pursue economic integration

Leads 2020, a unique multi-faceted 4-day global thought leadership initiative, has organized a virtual conference to share vision among global leaders, to reimagine economic growth with neighboring South Asian countries.

The programme titled ‘South Asia Session Reimagining Neighbourhood Economic Integration’, invited stakeholders from 100 countries entailing Bangladesh.

Indian Textiles Minister Smriti Irani, Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) President Sheikh Fazle Fahim and World Bank India Country Director of the Junaid Ahmad connected to the session.

FBCCI chief Fahim mentioned that Bangladesh’s position in regional cooperation and beyond can serve as a conduit between East Asia, Southeast Asia, and South Asia and beyond.

He further highlighted FBCCI’s exhaustive engagements in non-fiscal and fiscal policy support, social and philanthropic initiatives, and goodwill gestures to multiple governments as private sector gesture supplementing govt. initiatives.

Minister Smriti Irani said the region has immense political, cultural, and interdependence as well as co-operation as it is our shared identity that can enable economic growth through investment opportunities such as manufacturing goods economically.”

FICCI chief said the calibrated and systematic engagement with our neighbouring countries will help us to address socio-economic constraints while ensuring economic integration for economic development.

During the conference, Bangladesh’s GDP growth and development were highly praised, followed by discussions of existing areas that need to be addressed.Ban


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