May 24, 2013 | 08:45 AM (BD Time)
24 May, 2013 Friday
India, Bangladesh should set up free-trade economy, speakers say
. BSS, Dhaka
Bilateral trade between Bangladesh and India has an immense potentiality if both the countries set up free-trade economy, speakers at a dialogue said here Thursday.
"To avail the potentiality, both the countries would have to further liberalize trade, reducing tariffs and non-tariff barriers, and improving trade facilitation at borders and beyond borders," they said.
Centre for Policy Dialogue (CPD) in collaboration with World Bank (WB) organized the dialogue titled "Bangladesh-India Trade Relationship: New Opportunities, New Challenges" in the city's BRAC Centre.
The speakers suggested to put concentration on investment and communication apart from trade, as both the issues are related to boosting trade.
Adviser to the Prime Minister Professor Dr. Gowher Rizvi was present at the dialogue as the chief guest while commerce secretary Golam Hosaain as special guest with CPD distinguished fellow Debapriya Bhattacharya in the chair.
Dr. Gowher Rizvi said the government is working for the last few years to make Bangladesh an attractive place for foreign investment.
Many investments offers from different countries, including India, have been received due to the investment-friendly atmosphere in the country, he said.
"We've to sit together to find out the way for removing barriers on way to increasing foreign investment," Rizvi said.
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