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POST TIME: 18 March, 2019 09:12:10 PM
Tipu for increasing RMG export to India
BSS, Dhaka

Tipu for increasing RMG export to India

Commerce Minister Tipu Munshi yesterday said Bangladesh would take initiatives to increase export of readymade garment (RMG) to Indian market.

“India wants Bangladeshi RMG to its market, but there are some problems but necessary measures will be taken to solve those after identification,” he added.

The minister revealed it after a meeting with newly appointed Indian High Commissioner to Bangladesh Riva Ganguly Das at his ministry office.

Terming India as a big market, he said Bangladeshi RMG has good demand in India that is why Bangladesh is trying to increase the export of apparel items to grab the opportunity.

Besides, about the India-Bangladesh Border Haat, the commerce minister said it [border haat] has created huge enthusiasm among the people of both countries.

“Process is going on to set up another six border haats along with expansion of purchase limit and periphery of the border haat,” he said referring to the popularity of existing four border haats.

In last fiscal year, Bangladesh exported different products worth $ 873.27 million to India against the import of $ 8619.40 million.

Mentioning that Bangladesh and India have huge scopes to boost bilateral trade, Riva Ganguly laid emphasis on utilizing the potentialities.

“Existing barriers to trade between both the countries will be solved through discussion,” she said referring to good demand of few Bangladeshi products in Indian market.

The new high commissioner also said necessary measures would be taken to ease business between the two neighbouring countries.

Additional secretary (in-charge of secretary) S M Rejwan Hossain and additional secretary (FTA) Md Shafiqul Islam were present.