Press Release: Huge potential exists to increase trade with Bangladesh

Huge potential exists to increase trade with Bangladesh 

During an interactive meeting with High Commission for the People’s Republic of Bangladesh, H.E. Mr. Syed Muazzem Ali, High Commissioner of Bangladesh, stated that the trade between India and Bangladesh today is US $ 7 billion and it can grow further in the areas of Textiles, Pharmaceuticals and Shipping Industries.

Mr. Yaduvendra Mathur, Chairman and Managing Director, Export-Import Bank of India (EXIM Bank) said that we give line of credit for upto US $ 3 billion for promoting exports between India and Bangladesh and this could be a great opportunity for trade and investment to further boom.

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From (L-R) Ms. Samina Naz, Deputy High Commissioner & Head of Mission, Deputy High Commission for the People’s Republic of Bangladesh, Mumbai, Mr. Vijay Kalantri, President, All India Association of Industries and Vice Chairman, World Trade Centre Mumbai, Mr. Yaduvendra Mathur, Chairman and Managing Director,  Export-Import Bank of India, H.E. Mr. Syed Muazzem Ali, High Commissioner,  High Commission for the People’s Republic of Bangladesh, New Delhi, Mr. Sharad Upasani, Vice Chairman,  World Trade Centre Mumbai and Mr. Y. R. Warerkar, Executive Director, World Trade Centre Mumbai during an interactive meeting organized in honour of High Commissioner  for the People’s Republic of Bangladesh, New Delhi at WTC Mumbai.