West indian countries

Boosting trade with North India for the benefit of both countries: Tipu Munshi

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Commerce Minister Tipu Munshi said there was great potential for trade with Bangladesh in the northern part of India, and increased trade facilities would benefit both countries.

Speaking at a cornerstone laying ceremony for a haat (market) on the border between Kumarghat (Moulvibazar, Sylhet) and Kamalpur (Tripura) on Thursday, the 5th such haat on the border between India and Bangladesh. The minister said the government is providing all kinds of facilities to increase trade and commerce with neighboring countries. For example, the ports of Chattogram, Mongla and Payra are now also used for low cost trade with the northern states of India.

Department of Industries and Commerce of Indian State of Tripura organized the program where Chief Minister of Tripura, Biplab Kumar Deb, Minister of Industry and Commerce, Manoj Kanti Deb, Chairman of Tripura Industrial Development Cooperation Ltd, Shri Tinku Roy, Indian High Commissioner to Bangladesh, Vikram Kumar Doraiswami and Bangladeshi MP for Moulvibazar-4, Mohammad Abdus Shahid spoke.

Biplab Kumar Deb and Tipu Munshi hope the border will boost trade relations between the two neighboring countries.

“I think people in the border areas have the opportunity to buy and sell their vegetables, fruits, spices, fabrics, plastic products, fish, melamine products, honey, ready-made clothes and tableware products. , at the borders, which generated warmth between the people of the two countries,” said Tipu Munshi.

The Minister said that the laying of the foundation stone of the Kumarghat-Kamalpur border haat is a historic event. The two countries agreed to set up this haat during Prime Minister Sheikh Hasina’s visit to India in 2009.

Tipu Munshi said that the existing four border haats at the borders of Kurigram, Feni, Brahmanbaria and Sunamganj have aroused a lot of interest among the people and thus opened a new dimension in the relations between the peoples of our two neighboring countries.

Mentioning India as Bangladesh’s second largest trading partner, the minister said bilateral trade had increased significantly over the past ten years. Bilateral trade amounted to $5.1 billion in 2010-2011, it increased to $9.9 billion in 2020-2021 and will continue to grow in the future.

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