Bangladesh PM pitches for more trade channels with India

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(PTI)

Bangladesh is looking to open more trade channels with India, widen footprint of border haats and open up routes that were closed during the 1965 war, visiting Prime Minister Sheikh Hasina said on Monday.

Observing that nothing is solved by confrontation but friendship is the solution to all problems, she said the two nations have been able to establish “profound mutual trust and exemplary friendship” over the years.

India and Bangladesh have been unable to finalise the long-pending Teesta water-sharing agreement, primarily due to opposition by West Bengal Chief Minister Mamata Banerjee.

Hasina, who is on a four-day visit to India, urged Indian industry houses to invest in Bangladesh, especially in infrastructure projects, power and energy, transport, manufacturing, food and agricultural processing sectors.

She said the Indian business community can take full advantage of Bangladesh’s steady economic growth, high demographic dividend, low business cost and large consumer base, noting that “to facilitate further investments, a ‘One Stop Service Act’ is currently being finalised”.

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