Nov. 29, 2021

The India-Bangladesh CEO Forum will meet soon for the first time, even as the two countries work towards finalising a Comprehensive Economic Partnership Agreement (CEPA) to deepen trade and economic ties as partners rather than competitors, Commerce and Industry Minister Piyush Goyal said.


  • He congratulated Bangladesh Prime Minister Sheikh Hasina on the country’s transition from a less-developed country to a developing nation status.

  • Bangladesh is India’s biggest trade partner in South Asia with a volume of over $10 billion.

  • India had sent over one crore COVID-19 vaccine doses to the country and has extended concessional credit lines of about $8 billion, the highest for any single country.

  • A bilateral textile industry forum has also been constituted to facilitate cooperation in the textile sector.

  • India is also developing two Indian economic zones at Mirsarai and Mongla.

  • The Minister identified five focus areas that could strengthen bilateral economic ties: Technology, Connectivity, Entrepreneurship, Health and Tourism.

  • The two countries will be celebrating December 6 as Maitri Divas, to mark 50 years of Bangladesh’s independence and its bilateral ties with India, which was the first country to recognise its independence.

Source : The Hindu