The Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) has sought to strengthen trade and economic ties with China.
FBCCI seeks more collaboration with Chinese counterparts such as the China Council for the Promotion of International Trade (CCPIT) and the China Chamber of International Commerce (CCOIC).
According to a news statement, FBCCI President Mahbubul Alam made this call while meeting with the heads of CCPIT and CCOIC on Tuesday at the China World Summit Wing, Shangri-La Circle, in Beijing.
During the meeting, the FBCCI President invited Chinese businesspeople to invest in Bangladesh, highlighting the many facilities and incentives offered to foreign investors.
Highlighting Bangladesh’s robust infrastructural development, strategic location, and favourable business policies, Mahbubul assured the Chinese business leaders that Bangladesh offers a conducive environment for investment while FBCCI would 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 emphasised the possibilities for future partnerships with the CCPIT and CCOIC in a variety of industries, including information technology, garments, textiles, light engineering, and cooperative research activities to identify market opportunities.
The FBCCI President also urged support from Chinese companies for technology transfer.
He also encouraged Chinese investors to visit Bangladesh in the future. During his remarks, the Secretary General of CCPIT, Sun Xiao, praised Bangladesh’s recent infrastructure progress.
He emphasised CCPIT’s efforts to construct a global corridor to promote seamless trade and investment flows, emphasising the reciprocal benefits of a stronger economic connection between China and Bangladesh. Business Leaders of FBCCI, CCPIT, and CCOIC reaffirmed their commitment to deeper economic collaboration, promising growth, and prosperity for both Bangladesh and China.