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Indo-Bangla energy equipment fair starts May 21
13 March, 2011

A three-day exhibition will be held in Dhaka from May 21 to May 23 to showcase energy and electrical equipment of India and Bangladesh, said an adviser to the Indian Chamber of Commerce yesterday.

The exhibition, India Investrade, an event supported by the Commerce Ministry of India, will showcase the opportunities to the business communities of both countries to accelerate the economic relations, said Nakib Ahmed at a press conference at Dhaka Sheraton Hotel.

The Indian Chamber of Commerce will organise the fair at Dhaka Sheraton Hotel.

"Large and small scale electrical equipment manufacturing industries in the energy sector will participate at the expo," Ahmed said.

The fair is important because many people do not know that Bangladesh also manufactures power equipment to a limited extent, said Abdul Matlub Ahmed, president of India-Bangladesh Chamber of Commerce and Industry (IBCCI).

"India is our big neighbour. We should tap the economic potentials of a big neighbour," said Asif Ibrahim, president of Dhaka Chamber of Commerce and Industry (DCCI).

The countries like South Korea is benefiting from its neighbouring country Japan and Mexico is benefiting from the USA, he said.

He said India should ease the products testing methods for importing more goods from Bangladesh to reduce the bilateral trade gap. The trade deficit with India recently crossed the $3-billion mark.


Release link:http://www.thedailystar.net/newDesign/news-details.php?nid=177484


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