Delhi doing its bit to reduce trade gap: Chakravarty

He requested the Indian trade delegation to invest in the growing Bangladesh economy through joint ventures.

Also attending the event, state minister for Chittagong Hill Tracts affairs, Dipankar Talukder, said the government was fully committed to reducing the trade deficit between the two countries through a range of bilateral initiatives.

"Bangladesh has a huge potential for investment, where 40 percent of industrial raw materials are imported from India," said Talukder.

Talukder said according to the Board of Investment, 181 proposals from Indian companies, worth a potential $460 million, in the agricultural, textile, chemical and engineering sectors were currently under scrutiny.

"Some 57 Indian enterprises are already operating in the country," he said.>more> http://bdnews24.com/details.php?id=142811&cid=2