Bangladesh pushes for deepening trade ties with Pakistan

Trade and economic ties with Pakistan could be boosted by regular consultations, said Bangladesh High Commissioner Ruhul Alam Siddique as the two nations have immense potential in fields of construction material, light engineering, surgical goods, sports goods, food processing, cotton yarn, tourism, and pharmaceutical sectors

Mar 03, 2021
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Trade and economic ties with Pakistan could be boosted by regular consultations, said Bangladesh High Commissioner Ruhul Alam Siddique as the two nations have immense potential in fields of construction material, light engineering, surgical goods, sports goods, food processing, cotton yarn, tourism, and pharmaceutical sectors. 

The Bangladesh envoy, at a meeting with Rawalpindi Chamber of Commerce and Industry (RCCI) President Mohammad Nasir Mirza, said Bangladesh attached great importance to its ties with Pakistan. 

“The trade balance between the two countries had always been in favor of Pakistan, and stood at $700 million where exports from Bangladesh to Pakistan were just $50 million,” he was quoted as saying by The Express Tribune.

He also assured that the country is ready to provide visas on a priority basis to business owners from Pakistan.

The last Joint Economic Cooperation meeting was held in 2007, he said, suggesting the bilateral trade ties could only be enhanced with the help of regular meetings on trade.

Rawalpindi Chamber of Commerce and Industries President Nasir Mirza said Bangladesh was an important member of the South Asian Association for Regional Cooperation (SAARC) bloc and the chamber was ready to cooperate in the exchange of delegations and holding bilateral business conferences. 

“Bangladeshi investors can take advantage of investment opportunities in Pakistan,” he stressed.

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