LAHORE - The Lahore Chamber of Commerce & Industry Tuesday urged Bangladesh to withdraw objections and support Pakistan in getting European Unions GSP Plus status. This was demanded by the LCCI Acting President Kashif Younis Meher while talking to Bangladesh High Commissioner in Pakistan Suhrab Hossain here at the Lahore Chamber of Commerce & Industry. LCCI Vice President Saeeda Nazar and Vice President of SAARC Chamber of Commerce & Industry Iftikhar Ali Malik also spoke on the occasion. The LCCI Acting President said that objections raised by our brotherly country Bangladesh on GSP Plus Status to Pakistan by the EU are unexpected as Pakistan has always supported Bangladesh on all occasions. Kashif Younis Meher said that market research should be conducted regarding their range of products and priority should be given to each other for import of goods rather than buying from distant countries. He said that the frequent shipping arrangements between the two countries could ensure uninterrupted flow of goods between Pakistan and Bangladesh. He said that Single country exhibitions and frequent exchange of trade delegations always play an important role for the promotion of trade. The LCCI Acting President said that business community of the both countries could also initiate joint ventures in the sectors of ready-made garments, agro-based projects, light engineering, sugar, cement, fertilizers, chemicals, electronics, home appliances, cotton and jute textiles and higher education. He said that Pakistan and Bangladesh could also share experiences in the fields of Small and Medium Enterprises development. He said that incentives offered to the foreign investors in Pakistan are not only unprecedented but also make it the right place for investment, in comparison with other countries of the region. Foreign investors seeking new avenues and markets are welcome to come forward and invest in Pakistan. These markets include Central Asian Republics and Gulf States. Earlier, speaking on the occasion, the Bangladesh High Commissioner Suhrab Hossain said that Bangladesh has a very vast potential in various economic areas particularly in the sectors of rice and jute therefore Pakistani businessmen should come forward and initiate joint ventures to explore this potential. The High Commissioner said that Pakistan and Bangladesh are two brotherly Islamic countries; therefore, maximum steps should be taken to strengthen our relations in all fields. This calls for intensive market research, single country exhibitions on reciprocal basis, frequent visits of trade delegations, exchange of socio-cultural programmes and close contact between trade bodies of the two countries.