Accelerating the Trillion Dollar Journey

THE FEDERATION OF BANGLADESH CHAMBERS OF COMMERCE & INDUSTRY

Accelerating the Trillion Dollar Journey

FBCCI Seeks Stronger Economic Ties with China

July 9, 2024 – FBCCI, the apex trade organization of Bangladesh, seeks stronger trade and economic ties with China. Thus FBCCI wants more enhanced collaboration with Chinese counterpart such as the China Council for the Promotion of International Trade (CCPIT) and the China Chamber of International Commerce (CCOIC). FBCCI President Mr. Mahbubul Alam made this call during a meeting with the leaders of CCPIT and CCOIC held today (July 09, 2024) at the China World Summit Wing, Shangri-La Circle, in Beijing.

During the meeting, the FBCCI President Mr. Mahbubul Alam extended an invitation to Chinese businessmen to invest in Bangladesh, emphasizing the array of facilities and incentives available for the foreign investors. Highlighting Bangladesh's robust infrastructural development, strategic location, and favorable business policies, the FBCCI President assured the Chinese Business Leaders that Bangladesh offers a conducive environment for investment and FBCCI will provide all kinds of support to the Chinese investors to facilitate their business in Bangladesh. The Special economic zones, tax exemptions, and skilled workforce are the key advantages that make Bangladesh a lucrative destination for Chinese ventures, he added.

The FBCCI President stressed the potentials for future collaborations with the CCPIT and CCOIC in several sectors, including Information Technology, Garments, Textiles, Light Engineering, and joint research initiatives to explore market opportunities. FBCCI President also sought support from Chinese businesses for technology transfer. FBCCI President also invited the Chinese Investors to visit Bangladesh in the upcoming future.

During his speech, the Secretary General of CCPIT Mr. Sun Xiao appreciated the recent infrastructural development of Bangladesh. He highlighted CCPIT's work on building a global corridor to facilitate seamless trade and investment flows, reinforcing the mutual benefits of a strengthened economic partnership between China and Bangladesh.

Business Leaders of FBCCI, CCPIT and CCOIC reaffirmed their commitment for deeper economic collaboration, promising growth and prosperity for both Bangladesh and China.

Among others, FBCCI Vice President Mr. Khairul Huda Chopol, Ms. Shomi Kaiser, Mr. Rashadul Hossain Chowdhury (Ronni), Mr. Joshoda Jibon Deb Nath, DCCI President Mr. Ashraf Ahmed, MCCI President Mr. Kamran T. Ahmad, Former Vice President Mr. Md. Habib Ullah Dawn, FBCCI Director Mr. Mohammad Ali Khokon, Mr. Dilip Kumar Agarwala, Former FBCCI Director Mr. Ghulam Mohammed Alomgir, Director General of CCOIC Mr. Xu Jinli,Director of CCPIT Ms. Zhu Yingmin, CCPIT Mr. Zhao Xin, and others were present at the meeting.