FBCCI to set up a trade centre in UAE
The centre will work to strengthen business relations with other countries by using Dubai as a hub
The Federation of Bangladesh Chambers of Commerce & Industries (FBCCI) is going to set up a trade centre in Dubai to boost trade and investment with the United Arab Emirates (UAE).
A memorandum of understanding (MoU) was signed between the Bangladesh Business Council (BBC) of Dubai and the FBCCI in this regard on Friday in Dubai, said a press release on Saturday.
According to the agreement, BBC-Dubai will cooperate in setting up the FBCCI trade centre in Dubai. The FBCCI will undertake activities of coordinating and promoting trade and 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 centre will also provide various assistance to UAE businessmen interested in investing in Bangladesh, the release added.
President of FBCCI Md Jashim Uddin and Founder President of BBC-Dubai Mohamed Mahtabur Rahman signed the Memorandum of Understanding on behalf of their organisations.
BSEC Chairman Professor Shibli Rubayat-Ul-Islam was present as the chief guest at the signing ceremony.
Among others, FBCCI Senior Vice President Mostofa Azad Chowdhury Babu, Vice President Md Habib Ullah Dawn, Director MGR Nasir Majumder, Mohammed Bazlur Rahman and Md Nizam Uddin were present at the event.