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New Delhi, Jan. 6: Home minister P. Chidambaram favours promoting India and Bangladesh as a single market as relations between the two neighbours have touched a new high.
“Joining hands together, so much business can be created on both sides of the border. I think it is important that businessmen look upon Bangladesh and India as one market, as a market where goods and services can be produced, traded and exchanged,” he said at an industry event.
Chidambaram said, “That is why we are very keen to gift Bangladesh the most preferred nation status for trade across the border so that trade between the two countries takes place almost tariff free. We should reach out to Bangladesh,” he said.
Stating that the relations between the two neighbours have improved a lot, he said, “I want to pay tribute to the vision and statesmanship of Prime Minister Sheikh Hasina. India and Bangladesh are today closer than ever before. We are perhaps today as close as the day on which Bangladesh was liberated.”
He said Bangladesh is blessed with natural resources, especially natural gas, and India is blessed with entrepreneurs and capital.
Chidambaram said as India’s economy was many times bigger than the economy of Bangladesh it was New Delhi’s responsibility to give access to goods and services from Dhaka.
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