FBCCI seeks partnership with UK in technology transfer, supply chain development

The Federation of Bangladesh Chambers of Commerce and Industries (FBCCI) has sought a partnership with the UK in technology transfer and supply chain development to face the challenges of Bangladesh’s LDC graduation and the fourth industrial revolution.


The leaders of the FBCCI made the call at the discussion “Bangladesh-UK Trade and Investment 2022” in London on Wednesday.


The government is doing everything to create new opportunities for businesses and investors, Jashim Uddin said.


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But to face the challenges of Bangladesh’s graduation from the least developed country (LDC) category and its integration into the fourth industrial revolution, the country urgently needs technology transfer and joint venture partnership in the global supply chain, he added.


Innovative knowledge should be applied in agricultural and industrial production and services sectors and the FBCCI wants a partnership with the UK in these areas, Jashim said.


“We are manufacturers of diversified pharmaceuticals products, leather goods, plastic, frozen seafood, ceramics, jute products, and home appliances,” he added.


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“The UK could invest in Bangladesh in energy, agro-processing, pharmaceuticals, plastic and petrochemical, engineering, logistics sector, financial services, and support skills development programme for upgrading Bangladesh’s middle managers and workers.”


Also, the FBCCI president invited the UK government and business leaders to join the “Bangladesh Business Summit,” which will showcase the competitiveness of Bangladesh in the above-mentioned areas.


Source: United News of Bangladesh