Trade
a year ago

Titu stresses MoU with India for urgent import of essentials

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State Minister for Commerce Ahsanul Islam Titu on Thursday emphasised the need for signing a Memorandum of Understanding (MoU) with India to facilitate the import of essential items during urgent situations.
 
Titu said, "The government of Bangladesh will hand over a list of essential items, especially onion, sugar, ginger and garlic, to the Indian government so that those items could be imported in urgent situations."
 
The state minister said this when Indian High Commissioner to Bangladesh Pranay Verma made a courtesy call on him at his office at the Bangladesh Secretariat today, BSS reported citing a press release.
 
Terming India as a true friend of Bangladesh, Titu said India had always stood beside Bangladesh in any crisis and would continue to do so in the future as well.

Highlighting the trade-related statistics of both India and Bangladesh, he urged the Indian government to import more products from Bangladesh.

In this regard, Titu urged the Indian government to improve the communication system linking the seven sisters of India with Bangladesh and thus import handicrafts, electronics, jute and jute-made goods, and food products.

Both the State Minister and the Indian High Commissioner agreed to jointly inaugurate a 'Border Hut' along the Moulvibazar frontier. Besides, they also agreed to work together to identify the potential locations for launching new 'Border Huts'.

In response, the Indian High Commissioner put emphasis on boosting communication between the businessmen of the two countries and thus extended an invitation to take a Bangladeshi delegation to a mega show to be held in India next month.

Verma also suggested organising 'Best of Bangladeshi Products' in India and 'Best of Indian Products' in Bangladesh, in order to ensure product diversification in both countries and thus boost exports.

Later, Russian Ambassador to Bangladesh Alexander V Mantytskiy made a courtesy call on the State Minister for Commerce at his secretariat office.

Terming the Bangladesh-Russia bilateral relations as historic, Ahsanul said with the passage of time this relationship has reached a new height.

The State Minister urged the Russian Ambassador to launch a speedy direct transaction system on imports and exports between the two countries.

He also assured the Russian Ambassador to extend cooperation in setting up a branch of a Russian university in Bangladesh.

Following a request to reduce the trade imbalance between the two countries, the Russian Ambassador expressed his firm resolve to import pharmaceuticals, jute and jute-made goods, ceramics, and food products.

The Russian Ambassador also assured the State Minister of holding an exposition of Bangladeshi products, especially handicrafts, in Russia.

Commerce Ministry Senior Secretary Tapan Kanti Ghosh was present, among others.

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