Bangladesh’s delegation off to Bhutan to explore investment prospects

Last updated: May 28, 2012
Dhaka, Bangladesh (BBN) – An 18-member high-profile business delegation, led by the country’s apex trade body president AK Azad, left Dhaka on Monday for Bhutan to explore investment opportunities in hydroelectric power, and strengthen trade ties. 
The delegation will hold meetings on bilateral trade and investment issues with Bhutan’s King Jigme Khesar Namgyel Wangchuck, Bhutanese Prime Minister Lyonchen Jigme Yoser Thinley, Economic Affairs Minister Lynopo Khandu Wangchuk and Agriculture and Forests Minister Dr Pema Gyamtsho during the four-day visit.
The issues relating to electricity import from Bhutan and regional connectivity will also come up for discussion at the meetings. 
The delegation of the Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) will also have a meeting with the leaders of Bhutan Chamber of Commerce and Industry and sign a memorandum of understanding (MoU) on business cooperation, a leader of the FBCCI said.
He said the business leaders will visit Bhutan’s Woodcraft Centre, agro industry and hydroelectric projects to gather experiences and explore investment opportunities. 
The delegation will also propose Bhutan to import Bangladeshi readymade garments, pharmaceutical products, consumer products, light-engineering products, software and plastic products. 
Bangladesh exported products worth US$ 2.03 million to Bhutan while imported US$ 9.10 million during the July-December period of the current fiscal, the FBCCI said.
 
BBN/SSR/AD-28May12-11:30 pm (BST) 
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