At Showcase Korea 2018, a number of Korean products, including electronics, automobiles, and textile machinery, will be exhibited
With the aim of promoting bilateral trade and strengthening business relations between Bangladesh and Korea, the Korea-Bangladesh Chamber of Commerce and Industry (KBCCI) is set to organize a trade fair in Dhaka.
Titled Showcase Korea 2018, the trade fair will be organized at the International Convention City Bashundhara from October 19-20. The event will be arranged by the KBCCI in association with the Embassy of the Republic of Korea in Dhaka.
The trade fair was announced in a press briefing at the Pan Pacific Sonargaon Hotel in Dhaka.
At Showcase Korea 2018, a number of Korean products, including electronics, automobiles, and textile machinery, will be exhibited. Korean companies without offices in Bangladesh will also participate in the fair.
Addressing the press briefing, KBCCI Chairman Aziz Rahman said Bangladesh will organize a similar trade fair in Korea in 2019, to promote Bangladeshi products to Korean consumers.
Showcase Korea 2018 Organizing Committee Chairman Shahab Uddin Khan said the trade fair would help promote Korean investment in Bangladesh.
“Currently, there is an imbalance in the trade relationship between Korea and Bangladesh.Where we have imported $1.5 billion worth of goods from Korea, we have earned only $238.23 million from exports. This trade fair will help minimize the trade gap,’’ he added.
Dong-jun Lee, deputy chief of mission at the Embassy of the Republic of Korea, said the trade fair will be a gathering platform for Korean companies, their agents, and distributors,and is expected to open up possible opportunities for them.
Jong Won Kim, director general of Korea Trade Investment Promotion Agency (KOTRA), said 115 Korean companies are working in Bangladesh at present, and have invested a total $471.5 million.