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Citi hosts 'Belt and Road Forum Bangladesh'

August 16, 2018 00:00:00


The Citibank N.A. Bangladesh hosted the 'Belt and Road Forum Bangladesh 2018' recently, expressing its commitment to support Bangladesh, global clients and investors with the opportunities offered by the Belt and Road Initiative (BRI).

M Abul Kalam Azad, Principal Coordinator of SDG Affairs at the Prime Minister's Office, Chinese Ambassador Zhang Zuo and key stakeholders from the government and private enterprises attended the event, said a press statement.

In his keynote presentation, Abul Kalam Azad provided a detailed overview of the economy and the investment opportunities in Bangladesh.

Delivering the opening remarks, James Morrow, Citi Sub-Cluster Head for Bangladesh and Sri Lanka, outlined why Citi is focusing on 'One Belt One Road' (BRI) initiative.

The BRI is an attempt to foster trade and investment with an inter-continental scope, he said.

"Citi has banking franchises in most of the BRI countries, including Bangladesh, and seeks to support its clients through a full range of banking solutions as they participate in the BRI initiative."

Bangladesh with its excellent growth track-record and prospects offers good opportunities to foreign investors, he added.

Ambassador Zhang Zuo said, "The business and industrial communities are the major player for BRI. Their contributions and wisdom are vital to the win-win cooperation between China and Bangladesh. Working together, we shall usher in a more prosperous era for China-Bangladesh cooperation."


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