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Agartala trade fair focuses on trade with Bangladesh

Agartala, Fri, 19 Feb 2010 ANI

Agartala, Feb 19 (ANI): The 20th Industry and Trade Fair held recently in Agartala focused on promoting bilateral trade with Bangladesh.

During the ten-day Agartala Industry and Trade Fair, Bangladeshi business delegates interacted with businessmen from Assam, Mizoram and other parts of India.

Bangladesh made furniture; plastic items and food-beverages were exhibited at the fair. t is hoped that the fair will facilitate trade and commerce between India and Bangladesh and boost investment. Our participation in the fair at Tripura has been good as customers are accepting our products well. The response from customers is favorable. Bangladeshi investors are going to invest for the first time in Tripura. Very soon we will set up a food products factory here," said Maruf, a businessman from Bangladesh.

"You can get varieties of products from a single place. Many stalls from different places like Bangladesh are participating in the fair," said Habul Biswas, a visitor.

India is Bangladesh's largest trading partner in terms of imports and exports with an annual import of about two billion dollars worth of products and an export of nearly 400 million dollars.

"A new era of improving bilateral relations between Bangladesh and India has started. This will benefit both the nations and hopefully lead Bangladesh to become an industrially developed nation. There will be improvement in trade and industry, communication and more investment between the two nations," said Bangladesh Industry Minister Dilip Barua. "For development in this region, greater interaction amongst the people of these two Nations, Bangladesh and India through such trade fairs, tourism, and through participation in education and other exercises will improve the standard of living," said economist Amitabha Sinha.

More regional and sub-regional economic relations with neighbouring countries like Bangladesh would provide enormous scope to develop trade and business in India, especially in the northeast region. By Pinaki Das (ANI)