Bhutan is keen to make a free trade agreement with Bangladesh to boost economic relation between the two countries, the Economic Affairs Minister of Bhutan said on Saturday.
Lynopo Khandu Wangchuk spoke of Bhutan’s keenness during his meeting with the Dhaka Chamber of Commerce and Industry at the DCCI auditorium this morning.
DCCI president Zafar Osman chaired the meeting. The Bhutanese Minister said they had proposed a free trade agreement with Bangladesh and the Bangladesh government also showed a positive attitude.
He also said that Bhutan has undertaken a plan to produce 10,000 MW of hydroelectricity in the next 12 years and sought investment from Bangladesh in this regard. Regarding the foreign direct investment in Bhutan, the Minister said they are revising the current FDI policy and hope that it would be finalized in a couple of months.
Lyonpo Khandu Wangchuk urged the private sector from both countries to come forward to increase the trade volume between two countries. In 2007-08 fiscal, Bangladesh imported goods worth US$ 13.73 million from Bhutan while its exports to Bhutan amounted to only US$ 1.35 million. |
Source : |
|
| |
|
