FBCCI to set up trade centre in UAE

Star Business Report

The Federation of Bangladesh Chambers of Commerce and Industry is going to set up a trade centre in Dubai to boost trade and investment with the UAE.

In this regard, a memorandum of understanding (MoU) was signed between the Bangladesh Business Council (BBC) of Dubai and the FBCCI on Friday in Dubai.

According to the agreement, BBC-Dubai will co-operate in setting up FBCCI trade centre in Dubai.

The FBCCI will undertake activities of coordinating and promoting trade, investment and commerce between Bangladesh and UAE.

The FBCCI trade centre will work to strengthen business relations with other countries by using Dubai as a hub.

The trade centre will provide various assistance to UAE businessmen interested in investing in Bangladesh.

FBCCI President Md Jashim Uddin and Founder President of BBC-Dubai Mohamed Mahtabur Rahman signed the MoU on behalf of their organisation.

Bangladesh Securities and Exchange Commission Chairman Prof Shibli Rubayat-Ul-Islam was present at the signing ceremony as the chief guest.

Among others, FBCCI Senior Vice President Mostofa Azad Chowdhury Babu, Vice President Md Habib Ullah Dawn, Directors MGR Nasir Majumder, Mohammed Bazlur Rahman and Md Nizam Uddin were also present at the event.