Bangladesh sees billions in untapped trade potential

Bangladesh High Commissioner Iqbal Hussain Khan said Pakistan and Bangladesh currently trade about USD1 billion annually, while their broader commercial potential could reach several billion dollars. Speaking at the Lahore Chamber of Commerce and Industry, he said stronger links between businesses, better transport connections and fewer trade obstacles could support expansion.

Khan named agriculture, textiles, pharmaceuticals, engineering, food processing and chemicals among areas for cooperation. Bangladesh could buy Pakistani maize, basmati rice, textile inputs and manufactured goods, while Bangladeshi pineapples have started arriving in Pakistan after receiving clearances. He also called for easier business visas and stronger direct air links, and said Pakistan could connect Bangladesh with Central Asia while Bangladesh offers access to Southeast Asia.

LCCI President Ali Hussam Asghar proposed a dedicated Bangladesh trade cell, five priority export sectors and business meetings with a chamber in Dhaka or Chittagong. The proposals include virtual discussions followed by sector-focused meetings and reciprocal business visits.