Bangladesh Myanmar Chamber of Commerce & Industry (BMCCI) has elected its new leadership to boost the business relations between the two countries. The Chamber thinks joint collaboration in the areas of connectivity such as road link, airline & shipping routes, telecom and banking channels would help increase the bilateral business.
The chamber said this is the right time for investment and better trade facilitations between the two neighbouring countries. Myanmar could be an opportunity for Bangladesh, considering the country's thrust on 'look-east policy' and entry to the ASEAN marketand Myanmar can also look at Bangladesh as a gateway to exploit market opportunities in SAARC. Myanmar is a country rich in jade & gems, oil, natural gas and other mineral resources. GDP (nominal) in Myanmar is US$64.3 billion in comparison to Bangladesh’s $174 billion. (Courtesy of The Financialexpress BD)
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