Anand Sharma Calls on Sheikh Hasina, Abandoned Rail Lines to be Restored

The Union Minister of Commerce and Industry, Shri Anand Sharma called on the Prime Minister of Bangladesh Smt Sheikh Hasina at Dhaka today. The Bangladesh Prime Minister expressed satisfaction over the outcome of the visit of the Indian Minister and called the Indian decisions ‘timely’. She said that measures announced during the visit show India’s firm commitment towards fulfilling the provisions of India-Bangladesh Joint Statement, January 2010.

India-Bangladesh Border Haats to be inaugurated in June

 

The Union  Commerce and Industry Minister, Shri Anand Sharma, during his ongoing Bangladesh visit addressed the need to further strengthen economic integration between the two countries.  He noted that private sector investment from India to Bangladesh to the tune of  US $ 3.5 billion is in the pipeline. Increased Indian investments in Bangladesh will provide employment and value addition for Bangladesh exports to the rest of the world.  

Both sides noted that trade has increased significantly between the two sides.  Bangladesh exports have increased 6 times in the last few years.  In the first three quarters of the current year, it has reached the level of US $ 359 million, which is higher than the exports of US $ 304 million last year. India and Bangladesh agreed to take further steps to promote trade and economic cooperation. These include