Mexico to strengthen business ties with Bangladesh
Bilateral trade volume between the countries stands at $300 million
Embassy of Bangladesh in Mexico webinar Courtesy
Tribune Report
Publish : 14 Jan 2022, 09:56 PMUpdate : 14 Jan 2022, 09:56 PM
Business leaders of Bangladesh and Mexico have laid emphasis on increasing bilateral trade as both countries work together on exploring untapped potential.
The bilateral trade volume between Mexico and Bangladesh stands at around $300 million and can reach the $1 billion mark within a few years, the business leaders said.
They made the remarks at a webinar titled “Bangladesh & Mexico: Potential & Opportunities,” organized by the Embassy of Bangladesh in Mexico with the assistance of local dignitary Francisco Pena Manjarrez on Thursday.
The business leaders of Guadalajara, the third-largest metropolitan city of Mexico, expressed their interest in ICT, apparel, furniture, processed food, and the import of decorative lights from Bangladesh.
During the webinar, Bangladesh Ambassador Abida Islam delivered a presentation on the socio-economic development of Bangladesh, highlighting the potential of important sectors such as RMG, pharmaceuticals, health and medical equipment, IT, jute products, leather and footwear, light engineering, electronics and electrical equipment, processed agro-based food, automobiles, ceramic, plastic and shipbuilding.
She also elaborated on the investment-friendly policies of the government, including lucrative investment incentives.
Over 32 participants from different sectors, including construction, real estate, cosmetics, production and distribution of salt, decorative lights, processed food, and local chamber members of Guadalajara participated in the webinar and showed interest in engaging commercially with Bangladesh in the days ahead.
The Federation of Bangladesh Chambers of Commerce and Industries (FBCCI) and Mexican Business Council for Foreign Trade (COMCE) last year signed a Memorandum of Understanding (MoU) to expand economic relations between two countries.
The FBCCI and COMCE agreed to increase their investment in Mexican-Bangladeshi joint-ownership enterprises and to provide as much assistance as possible when it comes to overcoming any complications in this regard.
Mexico to strengthen business ties with Bangladesh
Bilateral trade volume between the countries stands at $300 million
Business leaders of Bangladesh and Mexico have laid emphasis on increasing bilateral trade as both countries work together on exploring untapped potential.
The bilateral trade volume between Mexico and Bangladesh stands at around $300 million and can reach the $1 billion mark within a few years, the business leaders said.
They made the remarks at a webinar titled “Bangladesh & Mexico: Potential & Opportunities,” organized by the Embassy of Bangladesh in Mexico with the assistance of local dignitary Francisco Pena Manjarrez on Thursday.
The business leaders of Guadalajara, the third-largest metropolitan city of Mexico, expressed their interest in ICT, apparel, furniture, processed food, and the import of decorative lights from Bangladesh.
During the webinar, Bangladesh Ambassador Abida Islam delivered a presentation on the socio-economic development of Bangladesh, highlighting the potential of important sectors such as RMG, pharmaceuticals, health and medical equipment, IT, jute products, leather and footwear, light engineering, electronics and electrical equipment, processed agro-based food, automobiles, ceramic, plastic and shipbuilding.
She also elaborated on the investment-friendly policies of the government, including lucrative investment incentives.
Over 32 participants from different sectors, including construction, real estate, cosmetics, production and distribution of salt, decorative lights, processed food, and local chamber members of Guadalajara participated in the webinar and showed interest in engaging commercially with Bangladesh in the days ahead.
The Federation of Bangladesh Chambers of Commerce and Industries (FBCCI) and Mexican Business Council for Foreign Trade (COMCE) last year signed a Memorandum of Understanding (MoU) to expand economic relations between two countries.
The FBCCI and COMCE agreed to increase their investment in Mexican-Bangladeshi joint-ownership enterprises and to provide as much assistance as possible when it comes to overcoming any complications in this regard.