Europe-Bangladesh Chamber of Commerce will be
established to expand trade among Europe and Bangladesh and also to attract
investment to Bangladesh.

Although there are many products other than readymade garments being
exported to Europe, but the consumers are mainly expatriate Bangladeshis.

Those products are not yet well known in the mainstream market. In order
to improve this situation, the Europe-Bangladesh Chamber of Commerce will be
formed.

The President of France-Bangladesh Economic Chamber Kazi Enayet Ullah
disclosed this information in a discussion meeting with FBCCI President Md
Jasim Uddin today at FBCCI Icon in the capital, said a press release.

Kazi Enayet Ullah said that the initiative is planned to be implemented by
next July. With the establishment of the Europe-Bangladesh Chamber of
Commerce, it will be possible to ensure the visible presence of Bangladeshi
products in the main European economy.

Through this chamber, various activities will be undertaken to enhance
bilateral trade and attract European investment.

Following the recent visit of Prime Minister Sheikh Hasina to France, a
motivation has been created among the expatriate Bangladeshi businessmen in
that country.

“The France-Bangladesh Economic Chamber wants to use this interest to
promote Bangladesh in France,” he added.

Kazi Enayet Ullah called on the Bangladesh government to create a skilled
workforce, saying that the European labor market has changed dramatically
since the COVID-19 pandemic and would need huge overseas manpower.

Earlier in his welcome address, FBCCI President Md Jashim Uddin said that
many Bangladeshis have established themselves abroad as businessmen.

He urged them to take a special economic zone in Bangladesh. Highlighting
the country’s infrastructure, power and investment-friendly policies, the
FBCCI chief said the income of the people of Bangladesh is increasing day by
day.

Due to a large number of population, the domestic market of this country
is also huge. “Therefore, by investing in this country, expatriates can play
a greater role in the economic development of Bangladesh.”

He said PWC is conducting a study on the London market under the
initiative of the FBCCI, adding that the results of the study would be known
in the next few months.

Based on the research outcome, FBCCI will take necessary measures to
popularize Bangladeshi products in foreign markets. Similar research
initiatives will be undertaken in other countries in the future.

At the same time, Md Jashim Uddin called upon the France-Bangladesh
Economic Chamber to brand Bangladesh in France.

In his closing remarks, FBCCI Vice President MA Momen said that various
steps are being taken to increase engagement with various trade organizations
abroad.

Following this, in November last year, the FBCCI signed a Memorandum of
Understanding (MoU) with MEDEF International (Mouvement des Entreprises de
France International) and France-Bangladesh Economic Chamber in Paris.

As a result of these activities, B2B has become stronger, which will help
in bringing foreign investment in Bangladesh.

The President of the All-European Awami League M Nazrul Islam, Executive
Director of France-Bangladesh Chamber of Commerce and Industry Rubaba Navera
Sayeed, Vice President of France-Bangladesh Economic Chamber Fakhrul Akon
Selim and FBCCI Advisor Manzur Ahmed also spoke at the meeting.

FBCCI Vice President Md Habib Ullah Dawn, Director Priti Chakraborty, Dr
Ferdousi Begum were also present at the meeting moderated by FBCCI Secretary
General Mohammad Mahfuzul Hoque.