"Business ties between two nations is remarkable": Ex-Bangladesh envoy to India
India and Bangladesh: A Strong Business Partnership
Remarkable Business Ties
Mashfee Binte Shams, the former Deputy High Commissioner for Bangladesh to India, described the business relationship between India and Bangladesh as "remarkable." She emphasized the importance of both countries recognizing their mutual dependence, calling it a "symbiotic relationship."
Trade and Economic Benefits
Shams highlighted that India is Bangladesh's largest export destination in Asia, with imports from India amounting to USD 17-18 billion. She noted that this trade is beneficial for both countries, as it saves Bangladesh money due to India's competitive market. The proximity also reduces transportation costs, making it advantageous for Indian exporters.
People-to-People Connections
Beyond business, Shams pointed out the strong people-to-people ties, with Bangladeshis availing medical and educational services in India. She stressed that these services are paid for, reinforcing the mutual benefits of the relationship.
Current Relations
Regarding the current state of relations, Shams expressed confidence in the strong foundation between the two nations. She acknowledged occasional challenges but believed that the overall relationship remains manageable and beneficial for both sides.
Doubts Revealed
Mashfee Binte Shams
Mashfee Binte Shams is a person who used to work as the Deputy High Commissioner for Bangladesh in India. This means she was an important representative of Bangladesh in India, helping to manage the relationship between the two countries.
Deputy High Commissioner
A Deputy High Commissioner is like a helper to the main representative of a country in another country. They work in an office called a High Commission, which is similar to an embassy, to help with things like trade, travel, and friendship between the two countries.
Business Ties
Business ties refer to the connections and relationships between businesses in two different countries. In this case, it means how companies in India and Bangladesh work together to trade goods and services.
Export Destination
An export destination is a country where goods made in another country are sold. Here, it means that many things made in Bangladesh are sold to India, making India an important place for Bangladesh's exports.
People-to-People Connections
People-to-people connections are the friendships and interactions between the people of two countries. This can include things like students studying in each other's countries or people traveling for medical treatment.
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