BD trade economy to turn US$ 100bn soon: ICC,B

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President of the International Chamber of Commerce, Bangladesh (ICC,B) Mahbubur Rahman on Saturday said Bangladesh would soon turn into a US$100 billion trade economy.

 

“Bangladesh economy is growing up despite the unstable situation in 2013. It’s expected that Bangladesh is going to be US$100 billion trade economy not too distant future,” he said

 

The business leader said Bangladesh needs to create a congenial environment to attract both domestic and foreign direct investments for setting up basic industries, without which Bangladesh cannot sustain its growth momentum and achieve our aim of becoming middle country within next few years, he mentioned.

 

Rahman made the remark while inaugurating ICC knowledge centre workshop on Incoterms 2010 and Uniform Rules for Demand Guarantees (URDG) held at a local hotel.

 

He said he must congratulate the private sector, particularly the export industries, namely readymade garments, leather, pharmaceuticals and also the shipbuilding industry.

 

“I must also thank our hard-working migrant workers whose regular remittances of around US$14 billion have helped meet our much-needed foreign exchange,” said the ICC,B President.

 

ICC Knowledge Centre is a joint initiative of the International Chamber of Commerce Bangladesh (ICCB) and HSBC Bangladesh.

 

It is a first-ever unique learning, networking and knowledge facilitation platform for the professionals of the local trade community, engaged with international trade in Bangladesh.

 

ICC Knowledge Centre Executive Committee Chairman M Fazlul Hoque said ICC Knowledge Centre will play vital role for the trade specialists to enrich their knowledge.

 

Member, ICC Banking Commission and Secretary to the Banking Commission of ICC Czech Republic Pavel Andrle conducted the workshop and ICCB Secretary General Ataur Rahman also spoke on the occasion.

 

Director of Trade and Investment British High Commission, Dhaka Justin Davies and Country Head of GTRF (Global Trade & Receivable Finance) HSBC Bangladesh Syed Javed Noor also attended the programme.

Source: UNBConnect