Friday, 14 June, 2024
Friday, 14 June, 2024

LABCCI sign MoU with BIDA to open new door for trade, investment

English Desk
  17 Mar 2023, 10:13

Latin America-Bangladesh Chamber of Commerce & Industry (LABCCI) signed a Memorandum of Understanding (MoU) with Bangladesh Investment Development Authority (BIDA) at its office at Agargaon in the capital, reports news agency BSS.

BIDA executive chairman Lokman Hossain Miah was present as the chief guest of the MoU signing ceremony.

The ceremony was conducted by Md. Matiur Rahman, executive member (additional secretary), marketing & communication as a chairperson of the event.

LABCCI president Md. Anwar Shawkat Afser and Md. Matiur Rahman, executive member (additional secretary), marketing & communication signed the MoU on behalf of their respective sides.

Speaking on the occasion, Lokman Hossain Miah mentioned that the present government led by Prime Minister Sheikh Hasina created a friendly environment for businessmen.

He said the special economic zones will provide a safe zone for the foreign investors in Bangladesh. He appreciated the LABCCI Board of Directors for their initiative to attract FDI from the Latin American region as well as from Europe.

Nahid Ferdousi, commercial specialist, Brazilian Embassy in Dhaka assured that Brazil is very much interested to tie with Bangladesh in all aspects.

Md. Anwar Shawkat Afser, president of LABCCI, said that a new era has been started by the MoU signing ceremony.

LABCCI now got the affiliation from the Prime Minister's Office of Bangladesh, BIDA. "Now business society from Latin American countries may get more confident to invest and trade in Bangladesh by the collaboration of LABCCI."

The LABCCI president also highlighted the upcoming event "Bangladesh Investment B2B (Business to Business) Event in Latin America-2023" which will be jointly organised by BIDA, DBCCI and LABCCI in the Netherlands, Belgium, Luxembourg, Argentina and Brazil during March 2023.

Representatives from the Ministry of Foreign Affairs, Commerce, BIDA, BEZA, Hi-Tech Park Authority and high profile Bangladeshi and European Businessmen will participate in the mega event.

Salman F. Rahman, MP, advisor to prime minister on private industry and investment will lead the delegation in the Netherlands, Belgium, Luxembourg, Argentina and Brazil.

The Objectives of the Delegation are: to attract Foreign Direct Investment (FDI) which may be a great opportunity for the businessmen of Latin America to invest in the potential sectors in Bangladesh, and to explore and promote Bangladeshi products and services to Latin America region also to promote business from the Latin America to the emerging Bangladesh market.

B2B and networking seminar will be held on the sectors like, agriculture, food processing, textile, processing plant for soya beans, sunflower, iron ores, petroleum oils, fertiliser, RMG, wood log, export of jute, leather and pharmaceuticals.

Comments

  • Latest
  • Popular

Receiving the Joliot-Curie Peace Medal of Bangabandhu

Ex Army Chief Aziz has contributed to the undermining of Bangladesh's democratic institutions: U.S. Department of State

Bangladesh seeks UK support for vaccine centre

Anti-liberation 'evil force' still active: president

US sanctions against RAB will stay: State Department

Today AL is the strongest party: PM Hasina on homecoming day

Bangladesh and UK hold first-ever Joint Working Group meeting on Home Affairs and sign SOPs on Returns

US wants to rebuild trust with Bangladesh: Donald Lu

'US for lifting Rab sanctions'

US Asst Secy Donald Lu in Dhaka

১০
IMF agrees to lend $1.15 billion to Bangladesh in third tranche
The International Monetary Fund (IMF) has agreed to provide $1.15 billion to Bangladesh in the
Focus on growth–boosting reforms, IMF tells Bangladesh
Bangladesh should focus on containing inflation and rebuilding external resilience in the near term in
IMF, ADB loans to boost reserves in Dec: Bangladesh Bank
Bangladesh's foreign exchange reserves will increase in December as the country will receive $1.31 billion
ADB to give Bangladesh $1 billion loan for five projects
The Asian Development Bank (ADB) today signed multiple agreements with Bangladesh to provide the country