Indo-Bangladesh business groups have decided to pursue for development of Mongla and Ashuganj port as alternative connectivity to handle regional trade traffic besides, Chittagong Sea port.
In stakeholders consultation meeting on Indo-Bangla Trade: Focus on Northeast here on Sunday organised by Jaipur based Consumer Utility & Trust Society (CUTS), the trade groups of both the country identified several issues for immediate decision at highest political level in both the countries.
The traders of both the country has demanded to finalise transit or transshipment issue as soon as possible minimising facilitation controversy among the neighbours while pressed for the demand for extension of air connectivity between Northeastern states and Dhaka to facilitate trade and tourism in the region.
It said that Ministry of Development of Northeast Region (DoNER) would shortly going to start regional airlines connecting all the capital towns of all northeastern states but if it would extend the service at least twice in a week that to be beneficial for trade development.
Head of CUTS, Trade, Economics and Environment Sidhartha Mitra pointed out that trade growth between Northeast and Bangladesh could be further enhanced through boost to its fledging manufacturing sectors by promoting Bangladeshi market and Foreign Direct Investment (FDI) from Bangladesh along with extending facilities of accessing to markets in outside Northeast India through Bangladesh.
Justifying the Focus on Tripura he said that rich in natural gas had the potential of power exporter to Bangladesh besides, tremendous potential for expansion of horticultural and plantation crops.
‘CUTS is the acronym for Consumer Unity and Trust Society’.
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