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FBCCI President urges expatriate Bangladeshi businessmen to invest in economic zones

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Speakers at a discussion organised by Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) emphasized establishing Europe-Bangladesh Chamber of Commerce in order to expand trade with Europe.

They said although many products other than readymade garments are exported to Europe the consumers are mainly expatriate Bangladeshis.

Those products are not yet well known in the mainstream market and such a chamber can work to improve the situation, they said.

President of France-Bangladesh Economic Chamber Kazi Enayet Ullah spoke at the discussion meeting at FBCCI on Saturday.

Kazi Enayet Ullah said that the initiative is planned to be implemented by next July.

With the establishment of the Europe-Bangladesh Chamber of Commerce, it will be possible to ensure the visible presence of Bangladeshi products in the main European economy,he said.

Through this chamber, various activities will be undertaken to enhance bilateral trade and attract European investment, he added.

Kazi Enayet Ullah called on the Bangladesh government to create a skilled workforce saying the European labour market has changed dramatically since the Coronavirus pandemic and it needs huge manpower.

Earlier in his welcome address, FBCCI President Md. Jashim Uddin said that many Bangladeshis have established themselves abroad as businessmen.

He urged them to take a special economic zone in Bangladesh.

Highlighting the country’s investment-friendly policies, the FBCCI chief said the income of the people of Bangladesh is increasing day by day. “Due to a large number of population, the domestic market of this country is also huge. Therefore, by investing in this country, expatriates can play a greater role in the economic development of Bangladesh.”

He said PWC is conducting a study on the London market under the initiative of the FBCCI, adding that the results of the study would be known in the next few months.

Based on the research outcome, FBCCI will take necessary measures to popularize Bangladeshi products in foreign markets. Similar research initiatives will be undertaken in other countries in future.

At the same time, Md. Jashim Uddin called upon the France-Bangladesh Economic Chamber to brand Bangladesh in France.

The President of the All-European Awami League M. Nazrul Islam, Executive Director of France-Bangladesh Chamber of Commerce and Industry Rubaba Navera Sayeed, Vice President of France-Bangladesh Economic Chamber Fakhrul Akon Selim and FBCCI Advisor Manzur Ahmed also spoke at the meeting.

Among others, FBCCI President Md. Habib Ullah Dawn, Director Priti Chakraborty, Dr. Ferdousi Begum were also present at the meeting moderated by FBCCI Secretary General Mohammad Mahfuzul Hoque.

Source: United News of Bangladesh