Indian High Commissioner to Bangladesh Pranay Verma on Sunday said Bangladesh and India can really transform their geographical proximity into new economic opportunities through setting a forward-looking and people-centric agenda.
He made the remarks while speaking to reporters after meeting Finance Minister Amir Khosru Mahmud Chowdhury at the Bangladesh Secretariat.
The meeting focused on cooperation in the financial sector, emerging areas such as the digital economy and artificial intelligence, and improving the ease of doing business to encourage greater investment and economic engagement between the two countries.
“The whole idea is how we can enhance our trade and economic ties, strengthen our economic connectivity and promote economic cooperation,” he said.
Pranay Verma said trade is already taking place through various channels, but it is important to make the process more convenient as part of improving the business environment.
He said the discussion also covered financial sector cooperation, taxation reforms and the use of technology to make economic participation more inclusive.
The envoy also shared India’s experience in financial inclusion and described the discussion as forward-looking.
He said the meeting was positive and noted that Bangladesh and India, as large economies with forward-looking societies, have significant potential to expand cooperation.
