Nepalese Ambassador to Bangladesh Ghanshyam Bhandari has suggested the formation of the Bangladesh-Nepal Chamber of Commerce and Industry to motivate the businessmen of both countries.
He made the proposal during a meeting with Bangladesh’s Commerce Minister Tipu Munshi at the secretariat in Dhaka on Wednesday, reports BSS.
During the meeting, the commerce minister said the current trade volume between the two countries remains a positive notion and thus this volume could be further enhanced through harnessing the potential.
According to official data, Bangladesh exported goods worth $68 million to Nepal in the last fiscal year (FY22) against imports of $4.80 million.
He said with the introduction of direct road communication, a new horizon would be created in communication and trade.
In response, the Nepalese ambassador said that a huge number of Bangladeshi tourists visit Nepal every year while the road communication would add a new dimension to it.
Ghanshyam Bhandari opined that the Mongla sea port alongside the Banglabandha and Benapole Land Ports would simplify further trade and commerce while there would also be huge benefits from the Padma Bridge.
Following the proposal from Bangladesh to sign a Preferential Trade Agreement (PTA), the ambassador said, “Nepal is working on the issue.”
He also hoped that trade and commerce between the two countries would be further enhanced in the coming days.
