Deputy High Commissioner Bangladesh Announces Trade Exhibition In Hyderabad

The Deputy High Commissioner of Bangladesh in Karachi,S.M. Mahbubul Alam has announced that an exhibition for importers and exporters of Pakistan and Bangladesh will soon be organized in Hyderabad in collaboration with the Hyderabad Chamber of Small Traders & Small Industry (HCSTSI)

HYDERABAD, (UrduPoint / Pakistan Point News - 5th Dec, 2024) The Deputy High Commissioner of Bangladesh in Karachi,S.M. Mahbubul Alam has announced that an exhibition for importers and exporters of Pakistan and Bangladesh will soon be organized in Hyderabad in collaboration with the Hyderabad Chamber of Small Traders & Small Industry (HCSTSI).

He also extended an invitation to the business community of Hyderabad to participate in the annual trade exhibition scheduled to be held in Dhaka, Bangladesh, in January 2025. He assured that the visa process would be streamlined to facilitate this participation.

He expressed these views while addressing members of the HCSTSI, at its secretariat. He highlighted that the Interim Chief Adviser of Bangladesh Dr Younus has emphasized leveraging all potential to enhance trade between Pakistan and Bangladesh.

According to a statement issued on Thursday, the Deputy High Commissioner underlined that his visit aims to strengthen business-to-business ties. He described Bangladesh as a highly attractive market for Pakistani traders and invited a delegation from HCSTSI to visit Bangladesh. He further committed to personally monitoring and expediting the visa issuance process for traders.

He stated that Bangladesh exports its products to 80 countries annually, generating billions of Dollars in revenue. However, he emphasized the need to expand these figures further through stronger trade relations. Additionally, he announced that direct flights between Pakistan and Bangladesh will soon commence, which will significantly bolster ties between the two nations and their business communities.

President HCSTSI Muhammad Saleem Memon welcomed the Deputy High Commissioner and remarked that Pakistan-Bangladesh relations were rooted in shared history, culture and trade.

He highlighted the significant progress in bilateral trade relations, mentioning the milestone achieved on November 11, 2024, when the first-ever direct cargo shipment from Pakistan to Bangladesh was successfully completed, a positive step in fostering mutual trade.

HCSTSI president said that the trade delegations of Bangladesh should participate in the exhibitions of Pakistan and similarly the Bangladesh High Commission should take steps for the businessmen of Pakistan to join the exhibitions held in Bangladesh, calling that these measures will help further promote trade between the two countries.

He pointed out the challenges faced by Pakistani products in customs clearance at Dhaka and urged for swift resolutions. Additionally, he proposed the establishment of a direct trade line between the two nations to save time and stabilize product costs. The HCSTSI President emphasized the need to simplify visa policies for its members to ensure smoother trade delegations. He also recommended forming a liaison committee to streamline these processes further.

At the event, the Convener of diplomatic affairs Muhammad Al Nasir, In-charge Sub-Regional Office TDAP Salah ud din Abbasi and Dr Ismail Farooq Nami also addressed the audience. Former presidents Farooq Shaikhani, Akram Ansari, Saleem ud din Qureshi, Dr Iqbal Motlani and Aamir Shahab actively participated in the discussions. The event was attended by members of the Executive Committee, conveners and a large number of general body members.