Bangladeshi investors interested in investing in India's West Bengal Bengal Global Business Summit
Photo: Collected Commerce Minister Tipu Munshi addressed the inaugural function of the Bengal Global Business Summit in Kolkata on Wednesday

Bangladeshi investors interested in investing in India's West Bengal

Bangladesh Live News | @banglalivenews | 21 Apr 2022, 09:39 pm

Own Correspondent, Dhaka, April 21: Noting that bilateral trade between India and Bangladesh is steadily increasing, Commerce Minister Tipu Munshi said Bangladeshi investors are interested in investing in India, especially in West Bengal.

He said this while speaking at the inaugural function of the Bengal Global Business Summit (BGBS) in Kolkata, India on Wednesday.

West Bengal Governor Jagdeep Dhankhar and Chief Minister Mamata Banerjee were present at the event. Government and business representatives from about 40 countries are attending the two-day Global Business Summit. Tipu Munshi is leading a 10-member government delegation and a 20-member business delegation from Bangladesh.

Commerce Minister Tipu Munshi said the process of investing abroad has been made easier for Bangladeshi investors recently. As a result, Bangladeshi investors are able to invest in the countries in Asia, Africa, Europe and America. He said Bangladeshi businessmen are also interested in investing in West Bengal.

Highlighting the social and cultural similarity of Bangladesh with West Bengal, Tipu Munshi said that Bengal was once in the centre of honour in India as the bearer of progressive thought and consciousness. At present Bangladesh and West Bengal inherit this glory.

He said under the leadership of Prime Minister Sheikh Hasina, Bangladesh is making significant progress in trade and commerce and is being hailed as a role model for development.

He said that under the leadership of Chief Minister Mamata Banerjee, West Bengal has witnessed unimaginable development. He lauded the 7.1 percent GDP growth during the Corona period.

It is to be noted that the Global Business Summit held in West Bengal in amid the Covid-19 pandemic is very important. Bangladesh is the partner country of this business summit. The conference was attended by almost all the major business entities of India including Tata, Adani, Wipro, Hindustan Unilever etc. The organizing authority is hopeful that this will make a significant contribution towards the partnership and investment of B2B and B2G.

Earlier on Tuesday, Bangladesh Commerce Minister Tipu Munshi met West Bengal Chief Minister Mamata Banerjee and discussed bilateral trade prospects and attended a dinner.