Allow BIMSTEC companies, including those of Indian north-east to list in Chittagong Stock Exchange.
This should be a natural next step on the part of Bangladeshi authorities
After a long time, Indian governement has done the right thing. It has lifted the ban for Bangladeshis to invest in Indian companies. Its a good step in the right direction. See a related news copied below.
Government of Bangladesh should follow-up with this step, buy allowing north-east based companies to list in Chittagong Stock Exchange. At the same time, government could consider allowing companies from Myanmar also to be listed in Chittagong Stock Exchanges. Also, Bangladeshi inverstors should take advantage of the vast natuaral resources of both Indian North-East and Myanmar and setup joint-venture companies there. Economy should be a bonding mechanism that eventually brings people of the region closer – both in terms of social and economic terms.
This would also be a good chance for our financial markets to prepare itself for more integration with the international markets. We should forsee a world when regional economies will be much more closer that we, today, can even think of. That transition in the near or far future should be well-planned and smooth. Keeping that long term vision in mind, such a step would be a very good step for the regional economies. In fact, government should plan to develop the Chittagong stock exchange as a BIMSTEC stock exchange i.e. CSE should allow any companies from any BIMSTEC countries to be listed here.
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