FBCCI eager to boost trade with Russia
Bangladesh Sangbad Sangstha . Dhaka 27 May, 2024, 22:44
The Federation of Bangladesh Chambers of Commerce and Industry has expressed its eagerness in enhancing trade and business ties between Bangladesh and Russia.
FBCCI president Mahbubul Alam made this call at a discussion meeting with a Russian delegation on Monday at FBCCI office in the capital's Gulshan area. The delegation was led by trade commissioner of Russia to India Alexander Rybas.
FBCCI senior vice-president Md Amin Helaly, vice-presidents Mohammad Anwar Sadat Sarker, Shomi Kaiser, ambassador extraordinary and plenipotentiary of the Russian Federation to Bangladesh Alexander V Mantytskiy, FBCCI directors and other dignitaries were present at the meeting, said a press release.
In his welcome speech, FBCCI president Mahbubul Alam said that Bangladesh and Russia shared a long history of friendly relations.
'Russia has gradually become a major infrastructure development and trade partner of Bangladesh. One of the milestones of cooperation is the Rooppur Nuclear Power Plant, which is a testament to our growing partnership,' he added.
'Bangladesh, with its booming economy and young workforce, offers a dynamic market for Russian goods and services. Russia, with its vast resources and technological advancements, can be a valuable partner in Bangladesh's ongoing development journey. Our Agro and food processing industry are now gearing up for exports, having met the domestic demand,' he said.
He also said, 'Our RMG sector is the 2nd largest exporter to the globe after China. Among the world's top 10 green RMG factories, the top 8 are located in Bangladesh. Renewable energy and environmentally friendly clean technology are increasing in use and popularity. We are the exporter/manufacturer of diversified pharmaceuticals products, leather goods, plastic, frozen seafood, ceramics, jute products, FMCG, and home appliances.'
'Following this trend, we are working to develop competitiveness to achieve the trillion-dollar journey of our economy and to earn our target export worth of $300 billion by 2041. To reach this target we need to focus on market and product diversification,' he added.
Mahbubul also invited Russian Investors to take advantage of the Bangladeshi market and invest in Bangladesh's special economic zones, particularly in sectors like infrastructure, energy and manufacturing.
To read the rest of the news, please click on the link above.
Bangladesh Sangbad Sangstha . Dhaka 27 May, 2024, 22:44
The Federation of Bangladesh Chambers of Commerce and Industry has expressed its eagerness in enhancing trade and business ties between Bangladesh and Russia.
FBCCI president Mahbubul Alam made this call at a discussion meeting with a Russian delegation on Monday at FBCCI office in the capital's Gulshan area. The delegation was led by trade commissioner of Russia to India Alexander Rybas.
FBCCI senior vice-president Md Amin Helaly, vice-presidents Mohammad Anwar Sadat Sarker, Shomi Kaiser, ambassador extraordinary and plenipotentiary of the Russian Federation to Bangladesh Alexander V Mantytskiy, FBCCI directors and other dignitaries were present at the meeting, said a press release.
In his welcome speech, FBCCI president Mahbubul Alam said that Bangladesh and Russia shared a long history of friendly relations.
'Russia has gradually become a major infrastructure development and trade partner of Bangladesh. One of the milestones of cooperation is the Rooppur Nuclear Power Plant, which is a testament to our growing partnership,' he added.
'Bangladesh, with its booming economy and young workforce, offers a dynamic market for Russian goods and services. Russia, with its vast resources and technological advancements, can be a valuable partner in Bangladesh's ongoing development journey. Our Agro and food processing industry are now gearing up for exports, having met the domestic demand,' he said.
He also said, 'Our RMG sector is the 2nd largest exporter to the globe after China. Among the world's top 10 green RMG factories, the top 8 are located in Bangladesh. Renewable energy and environmentally friendly clean technology are increasing in use and popularity. We are the exporter/manufacturer of diversified pharmaceuticals products, leather goods, plastic, frozen seafood, ceramics, jute products, FMCG, and home appliances.'
'Following this trend, we are working to develop competitiveness to achieve the trillion-dollar journey of our economy and to earn our target export worth of $300 billion by 2041. To reach this target we need to focus on market and product diversification,' he added.
Mahbubul also invited Russian Investors to take advantage of the Bangladeshi market and invest in Bangladesh's special economic zones, particularly in sectors like infrastructure, energy and manufacturing.
To read the rest of the news, please click on the link above.