Indian President Pranab Mukherjee says Bangladesh's Economic Growth Best in South Asia


Indian President Pranab Mukherjee highly appreciated the better economic growth of Bangladesh terming "best in South Asia" while inaugurating the 35th India International Trade Fair 2015 on November 14, in New Delhi. Bangladesh is the Focus country in the trade fair, in which 7,000 firms from India and abroad including Bangladesh are participating.

The President said that he was particularly glad to find considerable participation of companies from the SAARC region. Our South Asian neighbours are our highest priority in keeping with our ‘neighourhood first’ policy. In this context, he said that it was good to see Afghanistan as the ‘Partner Country’ and Bangladesh as the ‘Focus Country’ in IITF 2015.

He stated that the IITF is a brand name in itself and enjoys recognition worldwide. The annual celebration of trade and industry aims to deepen our bilateral relations with the rest of the world. In the realm of external relations, the Government of India has intensified our engagement with neighbours and friendly countries across the globe.

The Indian President said that IITF 2015 presents an ideal platform for the global fraternity which has a shared interest in trade relations to enhance peace and prosperity. India’s efforts for inclusive economic growth and social advancement have shown the way forward to many developing countries.

Indian State Minister (in-charge) for Commerce Nirmala Sitharaman, Bangladesh High Commissioner to India Syed Muazzem Ali, senior official of the Indian Commerce Ministry also addressed the opening ceremony.

The fortnight-long event has been divided into two segments--business days (November 14 to 18) and general public days (November 19 to 27). The theme of the fair this year is the pet-project of the government, “Make In India“. But this year, business days are also open to school students.

Bangladesh High Commissioner said, Bangladesh and India are tied by close bonds of friendship and cooperation, based on shared geography and history.

The emotional bond of 1971, stemming from the steadfast support and invaluable contribution of the Government and the people of India, remains the guiding force as Prime Minister Sheikh Hasina and her Government continue to make every effort to foster closer bilateral cooperation between our two countries.

Mr. Ali said Bangladesh-India trade ties have been steadily growing and our bilateral exchange of goods and services have already crossed six billion dollar mark. The duty and quota free access granted to Bangladesh exports under the SAFTA have helped her in expanding her exports. The challenge is to establish more balanced trade and economic ties through removal of all non tariff and para-tariff barriers, red tape, lack of market access and infrastructural facilities.

Organisers have planned various cultural programmes and state day celebrations at various venues in Pragati Maidan. There will a classical dance, instrumental and vocal music programme at Shakuntalam Theatre. At Falaknuma Theatre, there will be folk dance song, sufi songs, qawwalis, geet, ghazals, play, Brajraasleela, and other programmes. Food Court will host a puppet and magic show and at Lal Chowk Theatre, the state day celebrations will be held.

The business days' entry tickets are priced at Rs 400, while the general days' tickets can be purchased at Rs 50 and Rs 30, for adults and children respectively. On weekends, the general days' tickets will cost Rs 80 and Rs 50.

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