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FBCCI, ICC to expand bilateral trade


Published : 07 Aug 2023 07:41 PM

The Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) and the Indian Chamber of Commerce (ICC) held a B2B (Business to Business) meeting on Monday. 

This meeting was held with a business delegation of 43 members of ICC visiting Bangladesh at FBCCI office. FBCCI Senior Vice President Mostafa Azad Chowdhury Babu presided over the meeting. The ICC delegation was led by the organization's Director General Rajeev Singh. The meeting discussed the strengthening of commercial relations between the two countries.

In the meeting, FBCCI Senior Vice President Mostafa Azad Chowdhury Babu said that India has always been one of Bangladesh's most important partners in business. The trade between Bangladesh and India is in a very good position and day by day new opportunities are being created to expand the trade between the two countries. Which created an opportunity to further increase the investment partnership between the two countries.

Mostafa Azad Chowdhury Babu also said that Bangladesh needs a profitable, sustainable and environment-friendly agricultural system to ensure long-term food security. In this regard, the development of cold chain infrastructure has become very important which will help in increasing the overall productivity of the sector. Bangladesh Cold Storage Association is keen to work with India in this regard.

In the meeting, ICC Director General Rajeev Singh said that India has many skilled manpower who work in the energy sector. They want to share their skills and experience with Bangladesh. Indian businessmen can also work on providing transmission lines to transport electricity generated in Bhutan and Nepal to meet Bangladesh's energy needs. Apart from this, he also commented that the north-eastern states of India produce enough spices and vegetables which can be exported to Bangladesh.

In her speech, FBCCI Director Preeti Chakraborty urged Indian health sector entrepreneurs to come forward to invest in Bangladesh.

FBCCI Director Vijay Kumar Kejriwal, Hafeez Haroon, Akkas Mahmud, Secretary General Ambassador Masood Mannan, business representatives of the two countries in the fields of electricity, energy, spices, vegetables, food processing, horticulture etc. were present in the meeting.