Bangladesh seeks to raise trade with Indonesia to $10b
Dhaka, Oct. 7 -- Bangladesh wants to raise bilateral trade with Indonesia to more than $10 billion, reduce the trade gap and increase exports of ready-made garments, pharmaceuticals and agricultural products to the Indonesian market.
The issues came up for discussion at a meeting between Commerce Minister Khandakar Abdul Muktadir and Indonesian Deputy Foreign Minister Muhammad Anis Matta at the Ministry of Commerce on Wednesday.
The commerce minister said bilateral trade between Bangladesh and Indonesia currently stands at around $4 billion annually, with Bangladesh importing goods worth about $3.5 billion from Indonesia while its exports to the country amount to only around $56 million.
He stressed the need to increase Bangladesh's ex...
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