Business Standard
Thursday, May 31, 2012
Sponsored by  
drived banner
drived banner
  Advanced Search
RSS
Content Guide
Follow us on  
||||Economy & Policy||||| 
 Section Home | News Now | Today's Paper | Features & Analysis | Politics & Public Affairs | Q&A | Columnists | BS Says
Home > Economy & Policy Live Markets | Commodities
 

Prospect of Indo-Bangladesh trade bright : IBCCI chairman
Press Trust of India / Agartala Jul 06, 2009, 09:47 IST

With neighbouring Bangladesh agreeing in principle to open up Chittagong port for North Eastern states of India, the prospect for trade and commerce between the two countries has brightened, a top Bangladeshi business leader said today.    

Chairman of the India-Bangladesh Chamber of Commerce & Industry (IBCCI), Abdul Matlub Ahmad, said the Bangladesh government headed by Sheikh Hasina has agreed to open up the Chittagong port and allow transhipment of goods from the port by using Bangladesh transport.    

"All logistical support for carrying goods in containers in Bangladeshi soil after its release from the port will be given by the people of our country as a result of which they will earn money ," he told reporters here.    

He said  when India is pressing for transit through Bangladesh, the latter is eyeing enhancing trade and commerce with India which guards the neighbouring country from sides.     

A business delegation yesterday met the state minister for Industry and Commerce Jiten Chowdhury and attended the third meeting of the Indo-Bangla task force headed by Tripura Chief Secretary Sudhir Sharma.     

Sharma said that India has demanded that Ashuganj river port, about 32 km from here, be declared as a port of call.    

A joint delegation of India and Bangladesh with representatives from Tripura would visit the port within few months, he said.

On July 17, the first consignment of bricks from Bangladesh will enter here from Brahmanbaria which would be flagged off by Bangladesh Commerce Minister, Faruk Khan, the IBCCI president said.    

Tripura needs forty crore bricks immediately for construction of buildings and bridges.    

The IBCCI president said the first batch of tourists from Bangladesh will visit Tripura by this month along with a group of journalists and stay here for four days.    

The state government, he said, has offered them a ready made market building in the heart of Tripura for making available Bangladeshi goods, he said.    

The proposal would soon be given a final shape, he said.    

Ahmad said the paper industry of Bangladesh would get a boost with plans of utilising bamboos, easily available in Tripura, as raw materials.    

They were also contemplating to set up tyre industry in Bangladesh using rubber, which grows in abundance in Tripura, as raw material .    

Bangladesh , he said, was interested to purchase power from two proposed power projects - Palatana project in South Tripura district and Monarchak power project in West Tripura district, which are likely to be completed by 20012.    

The IBCCI president said Bangladesh would demand a lower price than the market if India wanted to carry heavy machines weighing about 300 tonnes for Palatana project through the water ways of Bangladesh, he said.

New Ipad Application :Business Standard's all new IPad App
Click here to download for free
Arrow Other Stories     
- Markets end lower ahead of May F&O expiry
- Parsvnath posts Rs 23 cr loss in Q4
- Educomp net down 57% at Rs 61 cr in Jan-Mar qtr
- DLF Q4 net plunges 39% to Rs 211 cr
- Provogue Q4 net profit down 71% at Rs 1.81 cr
  Read Business news in 
- India's no. 1 Property Site. Click here to know more
- Help a Child Achieve her. Click to know more
- The Best Seller is Also the No. 1 in Mileage. Click here
- Watch The Film Here. Click here to know more..
- Learn How One City is Running on FOOD SCRAPS.
- 1 billion in saving for Unilever without any tangles.
- One Partnership Endless Possibilities. Click here to know more
- Helping doctors detect diseases earlier, saving costs & extending lives.
- Which is the best plan for your daughter
- Check out the TRUE COLOURS of your Stocks, Now for FREE!
- One of the leading business schools in the world.Know More
- 2 Lac Apartments, 1 Lac House / Plots. Click here
Sorry, comments to this story are closed
Latest Messages
Table for Two
  Now available at Special price
  Rs.280/- Only

  Buy Now
BS POLL
UPA 2 has completed three years. How do you rate its performance?  Read the story
  Good
  Average
  Bad
Submit
Most Popular
Read
E-Mailed
Commented
   
- Vodafone notice on arbitration premature: Govt
- Coal blocks for infrastructure projects get GoM nod
- Dissidence brewing in state: Senior BJP leaders team up against Modi
- Tata Motors skids as margins dip at JLR
- Rupee-sensitive stocks risky for new investors
 
 More  
New Ipad Application
 Business Standard's all new IPad  App
 Click here to download for free
  Hot Searches  
 
Apalya |  Air India |  GAAR |  Agni  |  Solar eclipse |  Satyamev Jayate |  SRK |  Aamir Khan |  IPL |  Ertiga |  Sarfaesi Act |  Vodafone |  JP Morgan |  Transfer pricing |  Rupee |  Kingfisher Airlines |  Silver |  Provident Fund |  income tax refund |  iPhone |  Reliance Industries |  SEBI |  BSNL |  BSE |  NSE |  Mukesh Ambani |  Anil Ambani |  Infosys |  Pranab Mukherjee |  Sonia Gandhi |  Rahul Gandhi |  New Pension Scheme |  Reliance |  RBI |  GDP |  Gold |  Ratan Tata |  ICICI |  B-School |  Sensex |  Tax calculator |  Home Loan |  Personal Finance |  inflation |  oil prices |  Barack Obama |   
 
  Member Area Write to the Editor RSS Archives Advanced Search
  Subscribe to BS print product BS e-paper Newsletter Portfolio Tracker
  BS Products BS Hindi BS Motoring BS Books
Home | Markets & Investing | Companies & Industry | Banking & Finance | Economy & Policy | Opinion
Life & Leisure | Management & Marketing | Tech World | General News
About Us | Partner With Us | Code of Conduct | Careers | Advertise with us| Terms & Conditions | Disclaimer | Contact Us