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New Zealand wants to expand existing trade with Bangladesh New Zealand-Bangladesh roundtable held jointly organized by FBCCI and New Zealand Commerce Ministry

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New Zealand expressed their keen interest to develop existing trade with Bangladesh, especially in Health Technology, energy, marine transport, telecommunications, aviation, food and agriculture, among others. These were discussed at New Zealand-Bangladesh roundtable on 11 December 2019 at a city Hotel jointly organized by FBCCI and New Zealand Commerce Ministry.

Mr. Rezaul Kariem Rejnu, Vice President of FBCCI chaired the roundtable while Mr. Ralph Hays, Trade Commissioner & Consul General of New Zealand Consulate and Mr. Neaz Ahmed, Honorary Consul for New Zealand in Bangladesh were present.

FBCCI Vice President Mr. Rezaul Kariem Rejnu emphasized on Bangladesh’s stable macro-economic growth trajectory and its development in past decade in addition to highlighting FBCCI’s role as the umbrella trade organization of Bangladesh reflecting Bangladesh’s private sector voice in the international space complementing our Govt.’s initiative. FBCCI has been addressing some critical issues of our transitional economy including knowledge transfer for 3IR to 4IR, AI, regulatory planning, SDG goals, industry-academia gap assessment, reskilling, technology transfer, among others.

Other issues discussed included strengthening people-to-people contact, investment and trade relations between the two countries that at present stands at US$335mn with exports US$91.79 mn & imports US$241.8mn in FY 2018-19.

Mr. Ralph Hays, Trade Commissioner & Consul General of New Zealand Consulate said ‘Bangladesh is now fastest growing major economy in South Asia. That’s why New Zealand is very keen to increase its trade with Bangladesh and between other Commonwealth countries. Especially Mr. Ralph highlighted the Health Technology, energy, marine transport, telecommunications, aviation, food and agriculture sector for direct investment and cooperation.

Mr. Neaz Ahmed, Honorary Consul for New Zealand in Bangladeshi people is renowned for the rich cultural and hospitality. Bangladesh is now highlighting for social index and tremendous export success under the visionary leader Sheikh Hasina. Mr. Neaz Ahmed hoped that this roundtable will open new doors between Bangladesh business community, improve business practices, technological cooperation and innovation, direct foreign investment from New Zealand.

FBCCI Director Ms. Shomi Kaiser also spoke on the roundtable. Business delegation from both countries from Health Technology, energy, marine transport, telecommunications, aviation, food and agriculture sector also took part in the roundtable and made presentation on their business field.

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