• Wednesday, Jul 17, 2019
  • Last Update : 10:30 pm

FBCCI wants to develop trade relations with African countries

  • Published at 09:49 pm June 12th, 2019
FBCCI wants to develop trade relations with African countries
Top FBCCI offcials and a delegation from the Tanzanian National Defense College exchange views at FBCCI premises in Dhaka on Wednesday Dhaka Tribune

The business leaders expressed their willingness to invest in various sectors in the African region besides the existing readymade garments (RMG) and agriculture sectors

The Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) has expressed its interest to develop trade relations and investments in African countries.

This was said during a meeting between FBCCI leaders and a delegation of the National Defense College (NDC) of Tanzania, at FBCCI conference room in the capital on Wednesday.

FBCCI President Sheikh Fazle Fahim presided over the meeting.

The business leaders expressed their willingness to invest in various sectors in the African region besides the existing readymade garments (RMG) and agriculture sectors. They also wished to provide IT-related services in those countries.

The NDC delegation was led by Ambassador Peter Kallaghe.

Representatives from China, Tanzania, Rwanda, Kenya, Botswana and Burundi also took part in the meeting.

The NDC members asked the FBCCI leaders about Bangladesh’s economy, its investment scenario, investment facilities, banking sector, bank interest rates, and about bilateral and regional trade.

Sheikh Fazle Fahim said: “The private sector of the country is playing an important role in the economic advancement and fast growing development process. FBCCI has also played a role in trade-related policy formulation of the government.”

“Bangladesh enjoys duty-free, and quota-free facilities for its export products to the USA, Canada, Japan and the EU countries,” he said.

Fahim also said: “More than 400 Chinese companies and 279 Japanese companies are currently doing business in Bangladesh.”

“Apart from the RMG and agriculture sectors, Bangladesh could also export electronics and home appliances to the African countries,” the FBCCI chief badded.

Fahim also gave a powerpoint presentation on “Introduction, Functions and Vision 2041 of FBCCI” at the program.