SOKKA NEWS

Trade between Bangladesh and India has been growing rapidly yet, there is a huge untapped opportunity and possibility to further increase it, said the Foreign Minister of Bangladesh Dr A K Abdul Momen. Speaking on the occasion of the function organised to mark the 74th Republic Day of India in Dhaka, Dr. Momen said that Bangladesh is the biggest trading partner of India in South Asia. India is the second biggest trading partner of Bangladesh. He pointed out that the total trade between the two countries has increased 3-fold over the last decade marking a robust growth.

Speaking about the new initiatives to further expand trade ties between the two countries, Dr. Momen said that Bangladesh and India are in discussion to conclude the Comprehensive Economic Partnership Agreement (CEPA). He said Bangladesh is working with India to ensure a stable and predictable supply of commodities so that the market remains stable in Bangladesh.