DHAKA, July 11, 2023 (BSS) - Bangladesh and India today launched bilateral trade through Indian rupee (INR) to reduce over reliance on dollar, cut cost and time in the growing trade between the two nations. The inaugural ceremony was jointly organised by Bangladesh Bank (BB) and High Commission of India in city's Le M,ridien hotel. In his speech, Adbur Rouf Talukder said India and Bangladesh have witnessed a significant expansion in bilateral trade over the years. "The trade position between India and Bangladesh has seen remarkable growth, with both countries benefiting from their economic cooperation," he added. He said, "This mechanism is a response to a long-standing demand of local businesses, and in my view, it has tremendous potential to further enhance our bilateral trade in the longer-term.

Source: Bangladesh Sangbad Sangstha July 11, 2023 14:31 UTC