FBCCI inks MoU with Dubai Chamber to boost bilateral trade

The Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) has signed a memorandum of understanding with the Dubai International Chamber to enhance trade and investment between UAE and Bangladesh.

FBCCI President Md Jashim Uddin and Chairman of the Dubai International Chamber Sultan Ahmed bin Suleiman signed the MoU at the Leadership Pavilion of Expo 2020 on Tuesday.

Prime Minister Sheikh Hasina and Prime Minister of United Arab Emirates Mohammed bin Rashid Al Maktoum were present at the MoU signing ceremony.

The FBCCI president said Dubai and Bangladesh could complement each other in enhancing bilateral trade.

Bangladesh ports and logistics sectors have immense potential for entrepreneurs of Dubai.

They can boost their export to other south Asian countries by investing in Bangladesh.

On the other hand, by strengthening trade relations with Dubai, Bangladesh can access to CIS countries and African markets.

The FBCCI president hopes the memorandum signed between the FBCCI and the Dubai International Chamber will play an effective role in harnessing these potential.