Indo-Bangladesh Trade has Huge Growth Potential

MUMBAI, INDIA - World Trade Centre Mumbai organized an interactive meeting with H.E. Mr. Syed Muazzem Ali, High Commissioner, High Commission for the People's Republic of Bangladesh, New Delhi, India on February 12, 2016 at World Trade Centre Mumbai.

The meeting was attended by Ms. Samina Naz, Deputy High Commissioner & Head of Mission, Deputy High Commission for the People's Republic of Bangladesh, Mumbai, India, Mr. Yaduvendra Mathur, Chairman and Managing Director, Export-Import Bank of India besides top officials of World Trade Centre Mumbai.

H.E. Mr. Ali informed that the value of trade between India and Bangladesh is US $ 7 billion today and it has the potential to grow further in the areas of textiles, pharmaceuticals and shipping industries.

Mr. Mathur informed that Export-Import Bank of India offers line of credit upto US $ 3 billion for promoting exports from India to Bangladesh and this could be a great driver for trade and investment between both the countries.

PHOTO (L-R): Ms. Samina Naz, Deputy High Commissioner & Head of Mission, Deputy High Commission for the People's Republic of Bangladesh, Mumbai, India, Mr. Vijay Kalantri, 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, India