Prime Minister Sheikh Hasina has said Bangladesh and India can strengthen global and regional value chains through further integration of their respective economies to take advantage of available synergies.
“I believe both our countries can move up the global and regional value chains by further integrating our economies taking advantage of available synergies,” she said, in opening remarks at the Bangladesh-India Virtual Summit on Thursday morning.
“Our ongoing connectivity initiatives are catalysts in this regard,” said Sheikh Hasina adding that a prime example is the resumption of Chilahati-Haldibari rail link which was inaugurated at the summit.
“We happily recognise the growing mutual dependencies between the economies of Bangladesh and India,” she told her Indian counterpart Narendra Modi.
Also Read- Nation celebrating 50th Victory Day
A good number of Indian nationals are employed in the manufacturing and service sector of Bangladesh and are remittance earners for India. On the other hand, India receives its highest number of tourists and medical patients from Bangladesh, she added.
Noting that the relations between Bangladesh and India have embarked on a landmark moment, the Bangladesh Prime Minister said, “Yesterday, (Wednesday) Bangladesh celebrated 50 years as an independent nation. Bangladesh and India have also stepped into the 50th year of establishment of diplomatic relations.”
“Further, we are celebrating the 100th birth anniversary of the Father of the Nation Bangabandhu Sheikh Mujibur Rahman. Just a few months ago, we concluded the celebrations of the 150th birth anniversary of your (India’s)Father of the Nation, Mahatma Gandhi,” she said.
“In Bangladesh, we released a special postal stamp as a mark of tribute to Bapuji (Gandhi). I understand today (Thursday) we will be inaugurating a stamp issued by the Postal Department of India in honour of Bangabandhu,” she continued.