Travel Guide - SAARC » Bangladesh

Bhutan Woos Investors from Bangladesh

Tour Guide — Tue, 02 Sep 2008 03:42:18 +0000

A team of Bhutanese delegates from the chamber of commerce is in Dhaka to encourage foreign investment in Bhutan.Bangladesh and bhutan has been engaged in commerce for centuries but the volume has so far been conservative. Bhutan’s main exports to Bangladesh are Vinegar, Vegetables, tobacco,wool and some processed foods while Importing Garments, pharmaceuticals,and electronic equipment from them. The delegation aims to diversify imports from bangladesh and invited investors to visit Bhutan to do field work for possible investments. Bhutan has always stressed the need for development of industries while conserving its extensive virgin forests and preserving complex ecosystems in the ranges and depths of this mountainous kingdom.
Bhutan and Bangladesh both members of SAARC are expected to take advantage of the various trade agreements that are being set up in the SAARC. These trade agreements encourage cross border investment and reduce barriers to trade within the block.This visit from the 16 member delegation could also possibly open talks on Bhutan using the Mongla Port in Bangladesh which is closer and less congested than the Indian Port of Kolkata. Bhutan being a landlocked country needs access to vital sea ports via their neighbors.

Fast Facts – Bangladesh

Tour Guide — Sun, 06 Jul 2008 21:40:49 +0000

Official name: People’s Republic of Bangladesh

Geographic coordinates: 23°42′N, 90°21′E

Land area: 51,703 sq mi (133,911 sq km)

Total area: 55,598 sq mi (144,000 sq km)

Population: 150,448,339 (2007)

Government: Parliamentary Republic

President: lajuddin Ahmed (2002)

Prime Minister: vacant

Head of Interim Government: Fakhruddin Ahmed (2007)

Languages: Bengali (Bangla) (official) English

Capital and the largest city: Dhaka

Other large cities: Chittagong, Khulna

Religion: Islam 83%, Hindu 16%, other 1% (1998)

Currency: Taka (BDT)

Race: Bengali 98%, tribal groups, non-Bengali Muslims (1998)

Literacy rate: 43% (2003 est.)

Independence Day: 26^th March (1971)

Victory Day: 16^th December (1971)

Time zone: BDT (UTC+6)

Country calling code: +880

Internet TLD: .bd

Bangladesh

Guide — Wed, 02 Jul 2008 07:33:02 +0000

Bangladesh’s economy is ranked 31st largest in the world. The most largest and successful industry is the garment industry and the current GDP of Bangladesh is at 57%. And the agricultural economy is pretty strong as most Bangladeshis earn their living from it