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Bhutan's minister for more bilateral trade

Star Business Report
Bangladesh and Bhutan have immense potential to expand bilateral trade between the two countries, especially in the agrobased industry.
“We can work together as a partner to ensure adequate supply of agricultural commodity round the year between the two countries,” said Perna Gyamtsho, minister of agriculture and forests of Bhutan.
Peak season for agricultural production starts in Bangladesh, when off-season begins in Bhutan, he told The Daily Star during his visit to a factory of Golden Harvest Agro Industries in Gazipur, one of the leading agrobased companies in the country.
The Bhutanese minister said the two countries can establish joint-venture companies to expand the bilateral trade.
“There is huge potential to set up food processing industry in Bangladesh as the country now uses modern technology in the sector,” said Gyamtsho.
He said Bangladesh and Bhutan want to strengthen the bilateral relationship. “So we have signed a memorandum of understanding on agriculture cooperation between the two on Tuesday to strengthen bilateral
relationship further.”
According to data from the commerce ministry, trade volume between Bhutan and Bangladesh was $22.12 million in 2010-11 where Bhutan exported goods worth $ 19 million.
While visiting the factory, Gyamtsho and his team showed keen interest on Bangladeshi agricultural frozen food products.
"It is time to focus on regional trade as several markets in South Asian countries, such as the
Bhutanese market, still remain untapped,” said Rajeeb Samdani, managing director of Golden Harvest.
So, the government should provide policy support to the private sector businesses to help them explore the markets, said Samdani.
Local agro-processing industry has already developed its capacity significantly and it can now compete globally with innovative products at competitive prices, said Mohius Samad Choudhury, chief operating office of Golden Harvest.
Frozen products have huge demands in the globe as well as in the local market as many people now prefer readymade foods to save time, said Choudhury.
He said Golden Harvest cur-rendy produces over 70 different items, including French fries, chicken nuggets, paratha, chicken burger, spring roll and fish fingers, and exports those — commonly known as 'ready to eat' foods — to Europe, North America, Australia and Middle East.