BANGLADESH WOOS INVESTORS WITH INDIA-SPECIFIC SEZs

Armed with duty-free treaty with India, Bangladesh is aiming $1 billion export by this June and has also begun wooing Indian companies to invest in the neighboring country with SEZs targeting only Indian companies. India Bangladesh Chamber of Commerce & Industry President A M Ahmed said that “With duty-free export to India, we are expecting the Bangladeshi export should increase to $1 billion by June 2012 from $500 million last year.”