Makkah Pact: BD’s inclusion could expand regional reach, trade ties: Dy HC

Bangladesh’s Deputy High Commissioner in Karachi, Muhammad Sakib Sadakat, said the country’s possible inclusion in the Makkah Pact could widen the framework’s reach into South Asia and the Bay of Bengal. Speaking at a Karachi seminar, he also outlined opportunities for Pakistan-Bangladesh cooperation in trade, investment, skills and business partnerships, Business Recorder reported.

Sadakat cited textiles and garments, pharmaceuticals, agriculture, chemicals and information technology among areas for commercial collaboration, and said Pakistani businesses could explore investment in Bangladesh. A memorandum of understanding signed by the Bangladesh Deputy High Commission and the Economic Diplomacy Forum provides for business networking, trade events, delegations and information-sharing; a Pakistan-Bangladesh Joint Business Council and the first Joint Trade Commission meeting were also cited as platforms for cooperation.