Karachi (TDI): Bangladesh Deputy High Commissioner in Karachi, SM Mahbubul Alam, has announced the imminent launch of direct flights between Pakistan and Bangladesh, a decision expected to strengthen bilateral relations and enhance trade ties.
During his visit to the Hyderabad Chamber of Small Traders and Small Industry (HCSTSI), Alam disclosed plans to organise an exhibition for importers and exporters from both nations in Hyderabad, in collaboration with HCSTSI.
Additionally, he invited the business community to participate in the Annual Trade Exhibition scheduled for January 2025 in Dhaka, assuring that the visa process would be streamlined to facilitate attendees, The Express Tribune reported.
Highlighting the importance of bilateral trade, Alam noted that Bangladesh’s interim Chief Adviser, Dr Muhammad Yunus, had stressed the potential for boosting trade with Pakistan.
He described Bangladesh as an attractive market and encouraged the HCSTSI to send a trade delegation to Dhaka, pledging expedited visa processing for Pakistani traders.
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“Bangladesh currently exports products to 80 countries, generating billions of dollars in revenue. However, there is significant scope for growth through stronger trade ties with Pakistan,” he remarked.
HCSTSI President Muhammad Saleem Memon underscored the historical and cultural bonds between Pakistan and Bangladesh.
Pakistan-Bangladesh Trade Ties
He pointed to the progress in trade relations, notably the landmark first direct cargo shipment between the two nations on November 11.
Memon urged Bangladeshi traders to participate in exhibitions in Pakistan and called on the Bangladeshi High Commission to facilitate Pakistani traders in attending expos in Bangladesh.
He also raised concerns about delays faced by Pakistani exporters in customs clearance at Dhaka, urging swift resolution.
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To further streamline trade, Memon proposed the establishment of a direct trade line to reduce costs and time, along with the simplification of visa policies for HCSTSI members.
He also suggested forming a liaison committee to address trade barriers and enhance collaboration.
The announcements mark a significant step forward in fostering economic ties and mutual cooperation between the two South Asian nations.
