Commerce Adviser Sk. Bashir Uddin today expressed the hope that the Pakistan-Bangladesh Business Forum would play an important role in strengthening the bilateral trade relations and boosting economic cooperation.
The Commerce Adviser was addressing the inaugural ceremony of the Pakistan-Bangladesh Business Forum as the chief guest at a hotel in the city.
He noted that such forum would work as a platform for creating linkage among the business entities and trade bodies of the two countries, enhancing trade and exploring investment opportunities.
Bashir also stressed on strengthening people to people contact of the two countries, said a press release.
Citing that the trade volume between Bangladesh and Pakistan is not a desired level despite both the countries being densely populated ones, he said that the businessmen of the two countries would have to come forward in gaining desired trade goals.
The Commerce Adviser said apart from discussing on the tariff and non-tariff barriers between the two countries, there is also a need for working out on how to rationalize those.
Later, a Memorandum of Understanding (MoU) was signed between the Bangladesh Garment Manufacturers and Exporters Association (BGMEA) and the Pakistan Readymade Garments Manufacturers and Exporters Association (PRGMEA) to strengthen bilateral trade.
Export Promotion Bureau (EPB) Vice-Chairman and BGMEA Administrator Md Anwar Hossain and PRGMEA Vice-Chairman Amir Reaz Chhottani signed the MoU on behalf of their respective sides.
Pakistan High Commissioner to Bangladesh Syed Ahmed Maroof, FBCCI Administrator Md Hafizur Rahman and BKMEA President Mohammad Hatem were present, among others, on the occasion.
