In order to strengthen bilateral trade ties between India and Bangladesh, which is currently of special interest to both the countries, a three-day programme named 'India Trade Show' has been organised in Dhaka. India's trade secretary, S. R. Rao said that India stands committed to partnering Bangladesh in its developmental efforts. Bangladesh's trade minister, Ghulam Mohammad Quader said that the fair would promote the trade relations between entrepreneurs of both nations.
Corporate India has welcomed the clearance accorded by parliament to FDI in multi-brand retail saying it will send positive signals to foreign investors, encouraging them to make investments and help boost the country’s economic growth. For starters, industry chamber Federation of Indian Chambers of Commerce and Industry (Ficci) said that the progressive reform measure will undoubtedly send positive signals and bolster the confidence of investors.
The Export-Import Bank of India ( Exim Bank) is betting big on North East’s unexploited horticulture and agriculture potential. With Myanmar opening up for trade with India, Bangladesh willing to grant transit access to Indian exports and foreign companies set to enter the country’s retail space, the bank feels it is the “opportune time” to tap the agri-export potential of the region. In pursuit of its newfound focus on the region, the Exim Bank on Friday opened a new “bigger office” in Guwahati to “be ready to tap the potential”.
New Delhi: The establishment of the ASEAN-India FTA in goods and the advanced stage of negotiations on the ASEAN-India FTA in investment and services would provide broad framework for enhanced economic partnership between India and ASEAN “, said Mr Ranjit Rae, Ambassador of India to Vietnam. “We have set US$ 100 billion bilateral trade target for 2015 with ASEAN.
