Dhaka, Bangladesh (BBN)– A visiting delegation of Myanmar’s Rakhain State Chamber of Commerce and Industry has showed their interest to expedite trade and investment relations with Bangladesh.
At a meeting with the leaders of Bangladesh Myanmar Chamber of Commerce and Industry (BMCCI), they also presented their present government’s open up policies towards business and investment.
The view exchange meeting held at the country’s port city, Chittagong on Thursday with BMCCI S M Nurul Hoque in the chair.
Tin Ong Uu, leader of the Rakhain State Chamber, said they are visiting Bangladesh towards the business relation development between the two countries.
During the discussion, both the chamber leaders emphasised on business development and investment friendly environment.
“We need to communicate more between the businessmen from both end of the border. The visit of tourists and businessmen has to be ease and in this regard visa system has to be simplified including issuance of multiple entries,” the BMCCI chief explained at the meeting.
He also said now direct flights between Dhaka-Rangoon are a reality but Chittagong-Sitwee is yet to start.
“Currently sea-vessels reach Myanmer via Singapore taking 10days, whereas Chittagong Sittwe direct smaller ship connectivity can take less then 10 hours and the latent demand could be taken care of,” Mr. Hoque noted.
Beside physical connectivity, opening up banks and monetary transaction facility in banking channels would boost the business relations, according to the BMCCI president.