International Chamber of Commerce, Bangladesh president Mahbubur Rahman on Saturday said that the country would soon turn into a $100-billion ‘trade economy’.
‘Bangladesh economy is growing up despite the unstable situation in 2013. It is expected that Bangladesh is going to be a $100-billion trade economy not too distant future,’ he said while inaugurating ICC Knowledge Centre Workshop on Incoterms 2010 & Uniform Rules for Demand Guarantees at a hotel in Dhaka, said a news release.
‘I must congratulate our private sector, in particular 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 $14 billion have helped in meeting our much needed foreign exchange,’ Mahbubur added.
‘We now have foreign exchange reserve of over $20bliion, for which Bangladesh Bank definitely deserves credit. We now have to create congenial environment to attract both domestic and foreign direct investment 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 said.
ICC Knowledge Centre is a joint initiative of International Chamber of Commerce Bangladesh 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 Md Fazlul Hoque said the centre would play vital role to trade specialists to enrich their knowledge.
ICC Banking Commission member and secretary to the Banking Commission of ICC Czech Republic Pavel Andrle conducted the workshop.
ICCB secretary general Ataur Rahman, 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 present the occasion.
-With New Age input
