India keen to Boost Economic ties with Bangladesh: Minister


Posted on 13th Jan 2015 06:28 pm by mohit kumar

Srinagar (Tripura), Jan 13 (IANS) India is keen to further strengthen economic relations with Bangladesh, union Commerce and Industry Minister Nirmala Sitharaman said here Tuesday.

"India seriously wants to further reinforce the trade, economy and people to people relations and all other mutual issues with Bangladesh," Sitharaman said after opening a "border haat" (market) here along the Bangladesh border.

She said "Prime Minister Narendra Modi already announced to convert the 'Look East Policy' to 'Act East Policy' for better relations and further all round development of the northeastern region after closely connecting the region with the Southeast Asian countries."

Sitharaman and her Bangladeshi counterpart Tofail Ahmed jointly inaugurated the "border haat" in the presence of thousands of people of both the neighbouring nations.

Tripura Chief Minister Manik Sarkar, state Industry and Commerce Minister Tapan Chakraborty, Lok Sabha Member Jitendra Chowdhury and senior Indian and Bangladeshi officials were among others present on the occasion.

Sitharaman said with the opening of the "border haat", the economic condition of the people living near the border in both the countries would further improve.

She asked the Tripura chief minister to expedite the setting up of other 'border haats' along the state's borders with Bangladesh.

"The central government would extend all out support to the Tripura government in setting up projects beneficial to the state and improve India-Bangladesh ties," Sitharaman added.

"Tripura is situated in a strategic location. Hence, it could be the gateway of Southeast Asian countries."

Bangladesh Commerce Minister Tofail Ahmed said an economic corridor is being established using India's northeast, Myanmar, Bangladesh and the adjoining regions.

He said "Bangladesh currently exports goods valued at Taka.30 billion per year to various countries. This could be further enhanced if India and Bangladesh come more closer in trade, economy, connectivity and other sectors."

Ahmed said "India provided all help and support to Bangladesh during the 1971 Liberation War and Bangladesh's support to India would continue and it would be further strengthened."

"The Bangladesh parliament has already ratified the India-Bangladesh Land Boundary Agreement but the Indian parliament is yet to endorse the deal," he added.

He said Bangladesh has achieved a lot in the economic and social sectors and India helped out in this.

The 'border haat' at southern Tripura's Srinagar - about 140 km south of Tripura capital Agartala - is the state's first and the third such market along India's border with Bangladesh.

Two "border haats" were set up in 2012 on the Meghalaya-Bangladesh border - Kalaichar (India)-Baliamari (Bangladesh) and Dalora (Bangladesh)-Balat (India).

0 Like 0 Dislike
Previous news Next news
Other news

Shah's first meeting with farmers: Amit Shah called farmers to meet at 7 pm; Protestors withdrew from the streets after 4 hours

There has been a major development among the Bharat Bandh of farmers. Home Minister Amit Shah has

Russia-Ukraine War: India and China expressed concern in front of Putin, US Secretary of State said - 'It will be under pressure

During the SCO summit, India and China expressed concern about the Ukraine war with Russian Presi

Like UP, ordinance against Love Jihad in MP now, Shivraj cabinet approves, know what is the provision of punishment

Like Uttar Pradesh, now Madhya Pradesh will have a law against Love Jihad. The BJP-led Shivraj go

Edible Oil: The price of edible oil did not decrease even after the instructions of the government, the arbitrariness of Adani Wilmar and Ruchi Soya

Even after the instructions of the government, the prices of edible oil are not coming down. Rega

Relief: One insurance for more than one vehicle, now concession in premium on good and safe driving

Having more than one car and two-wheeler will now have a single insurance policy. There is no nee

CM Yogi sought a list of careless officers, action may be taken against the divisional commissioners of Ayodhya and Agra

After seeking reports from the Tehsildar to the DM for negligence in settling revenue disputes, C

Top Medical Colleges: If you want to become a doctor then know, these are the top 10 medical colleges in the country

Top 10 Medical Colleges in India: Every year lakhs of students try their luck in the NEET entranc

Manobala Passes Away: Tamil industry's famous actor Manobala passes away, Rajinikanth pays tribute

Manobala Passes Away: Big news is coming out from the Tamil industry. Renowned actor and director

Vrindavan widows visit Taj Mahal

Agra, March 8 (IANS) The Taj Mahal on Sunday had special visitors -- widows from Vrindavan and V

Mulayam Singh Yadav again shifted to ICU

Gurgaon, March 10 (IANS) Samajwadi Party chief and parliamentarian Mulayam Singh Yadav on Tuesd

Sign up to write
Sign up now if you have flare of writing..
Login   |   Register
Follow Us
Indyaspeak @ Facebook Indyaspeak @ Twitter Indyaspeak @ Pinterest RSS



Play Free Quiz and Win Cash