Businessmen and entrepreneurs from both Bangladesh and Pakistan see huge trade potential in sectors such as pharmaceuticals, surgical products, equipment, electronics, and intermediary industrial goods.
In this regard, both sides also expressed optimism that joint ventures and joint trade initiatives could bring substantial benefits for them.
These observations came at a networking meeting held on Thursday between local business leaders and a visiting business delegation of Pakistani entrepreneurs at Motijheel in the capital.
The meeting was organised by the Federation of Bangladesh Chambers of Commerce and Industry (FBCCI), said a press release.
The meeting was chaired by FBCCI administrator Md Hafizur Rahman. Mohammad Wasif, acting high commissioner of Pakistan to Bangladesh was also present.
Highlighting the importance of diversifying trade between Bangladesh and Pakistan, FBCCI administrator M Hafizur Rahman stated that sectors such as motor and electronic goods, and intermediary industrial products, are vital for both countries.
He also stressed the need for tapping potentials in pharmaceuticals, surgical products, equipment, and textiles.
Hafizur further mentioned that the FBCCI and the Federation of Pakistan Chambers of Commerce and Industry would work jointly to strengthen trade ties between the two countries.
Noting that there is ample scope for expanding trade and investment between Bangladesh and Pakistan, Acting High Commissioner of Pakistan in Dhaka Mohammad Wasif hoped that the ongoing networking programs between entrepreneurs from both nations would continue to explore newer business avenues.
During the meeting, business representatives from both tcountries expressed their interest in expanding trade and pursuing joint ventures in pharmaceuticals, surgical products and equipment, textiles, electronics, and intermediary industrial goods.
Former FBCCI director Nasrin Fatema Awal, FBCCI secretary general Md Alamgir, head of FBCCI International Affairs Wing Md Zafar Iqbal, business leaders and other distinguished guests were present, among others.