FBCCI Seeks Stronger Economic Ties with China


TheThe Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) has expressed its intent to bolster trade and economic relations with China, emphasizing enhanced collaboration with key Chinese counterparts such as the China Council for the Promotion of International Trade (CCPIT) and the China Chamber of International Commerce (CCOIC).

FBCCI President Mahbubul Alam conveyed these aspirations during a significant meeting with CCPIT and CCOIC leaders at the China World Summit Wing, Shangri-La Circle. According to a press release, the discussions aimed at fostering deeper economic cooperation between the two nations.

Alam extended a warm invitation to Chinese investors, highlighting Bangladesh's robust infrastructure development, strategic geographical location, and favorable business policies. He assured Chinese business leaders of Bangladesh's investment-friendly environment, emphasizing benefits such as special economic zones, tax exemptions, and a skilled workforce that make Bangladesh an attractive destination for Chinese ventures.

"The FBCCI stands ready to provide comprehensive support to facilitate Chinese businesses in Bangladesh", Alam affirmed.

He underscored potential collaborations in sectors including information technology, garments, textiles, light engineering, and joint research initiatives aimed at exploring new market opportunities. Alam also sought Chinese support for technology transfer initiatives and encouraged Chinese investors to visit Bangladesh to explore further prospects firsthand.

CCPIT Secretary General Sun Xiao acknowledged Bangladesh's recent infrastructure advancements and emphasized CCPIT's efforts in building global trade corridors to facilitate smoother trade and investment flows. He emphasized the mutual benefits of strengthening economic ties between China and Bangladesh.

Leaders from FBCCI, CCPIT, and CCOIC reaffirmed their commitment to deeper economic collaboration, foreseeing mutual growth and prosperity for both nations. The meeting was attended by FBCCI Vice President Khairul Huda Chopol, Shomi Kaiser, Rashadul Hossain Chowdhury (Ronni), Joshoda Jibon Deb Nath, as well as other prominent figures including DCCI President Ashraf Ahmed, MCCI President Kamran T. Ahmad, and various directors from FBCCI, CCPIT, and CCOIC.

The discussions concluded with a shared vision to explore new avenues of economic cooperation, leveraging respective strengths to drive sustainable development and prosperity in Bangladesh and China.

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