In a significant move to enhance bilateral relations, the interim government in Bangladesh has simplified the visa process for Pakistani nationals amid allegations of growing Islamic radicalisation.
This step aims to strengthen trade and economic ties between the two nations, which have remained underutilised over the years, as per the official statement.
Bangladesh High Commissioner to Pakistan, Iqbal Hussain, announced during his visit to the Lahore Chamber of Commerce and Industry (LCCI) on 11 January that the requirement for clearance from Dhaka for issuing visas to Pakistani heads of missions has been removed.
This policy change is part of a broader effort by the interim government, led by Chief Advisor Mohammad Yunus, to improve relations with Pakistan.
Hussain emphasised the importance of increasing trade and investment, stating that economic collaboration must be a top priority for both nations.
With a population of 180 million, Bangladesh offers a significant consumer market that Pakistan can tap into.
Hussain highlighted the untapped trade potential between the two countries, urging Pakistani businesses to capitalise on it.
He also underlined the need for a revitalised approach to regional cooperation, advocating for greater collaboration among South Asian nations.
Hussain remarked that the interim government is eager to improve relations and create opportunities for mutual growth between the two sides.
The High Commissioner stressed the importance of reinvigorating the South Asian Association for Regional Cooperation (SAARC) to enhance trade and cooperation within the region.
Despite increasing global efforts toward regional partnerships, South Asia continues to face challenges that require collective solutions.
Hussain also reflected on the lessons learned from the COVID-19 pandemic, emphasising the need for international collaboration during crises to maintain smooth trade flows.
During the event, LCCI President Mian Abuzar Shad also shared trade data, revealing that two-way trade between Pakistan and Bangladesh reached $718 million in the fiscal year 2023-24. This figure highlights the existing scope for growth in bilateral trade and investment.