Strengthening economic ties between India and Bangladesh should be based on merit and mutual benefit, said Humayun Kabir, President of the Bangladesh Enterprise Institute (BEI). His remarks came amid ongoing efforts to boost trade and investment between the two neighboring nations.

Speaking at a recent event, Kabir emphasized the importance of a level playing field for businesses from both countries. “Trade and investment decisions should be driven by competitiveness and efficiency, not just political goodwill,” he stated.

India is Bangladesh’s second-largest trading partner, with bilateral trade exceeding $14 billion in recent years. However, non-tariff barriers, logistical challenges, and regulatory hurdles remain key concerns for businesses on both sides.

Kabir highlighted the need for smoother cross-border commerce, improved infrastructure, and enhanced connectivity under initiatives like the BBIN (Bangladesh-Bhutan-India-Nepal) Motor Vehicles Agreement. He also pointed to sectors such as textiles, pharmaceuticals, and digital economy collaboration as potential growth areas.

The BEI president’s comments come ahead of high-level talks between the two nations, where trade facilitation and investment partnerships are expected to be key discussion points.

Indian industry leaders echoed Kabir’s sentiments, calling for deeper economic integration. “A merit-based approach will unlock the full potential of India-Bangladesh trade,” said a representative from the Federation of Indian Chambers of Commerce & Industry (FICCI).