BB Governor seeks higher Indian imports, investment

Bangladesh Bank (BB) Governor Md Mostaqur Rahman yesterday urged India to increase imports of Bangladeshi products to help improve the bilateral trade balance.
He made the call when Indian High Commissioner to Bangladesh Dinesh Trivedi paid a courtesy call on the Governor at the central bank’s head office in the capital.
During the meeting, both sides exchanged views on further strengthening bilateral economic, trade, and financial relations between Bangladesh and India.
To improve the trade balance between the two neighboring nations, the Governor urged India to import more goods from Bangladesh.
The Governor expressed interest in expanding the usage of ‘Bangla QR’, implementing cross-border digital payments, and seeking India’s experience and potential technical cooperation in these areas.
The Indian high commissioner emphasised the need to facilitate foreign investment in Bangladesh.
In response, the governor said Bangladesh Bank had already taken several policy measures to make the country more investment-friendly.
These measures will allow foreign investors to easily repatriate their invested capital and profits to their home countries,he added.
Indian Deputy High Commissioner Pawan Kumar Badhe and Second Secretary (Economic and Commerce) Gourab Kumar Agarwal accompanied the Indian High Commissioner during the meeting.
Deputy Governor Dr. Md. Habibur Rahman and Deputy Governor Md. Sarwar Hossain were present alongside the Governor on behalf of Bangladesh Bank.

