Largest business delegation from Thailand due on Sep 16

A Thai business delegation is set to visit Bangladesh this month to discuss ways and means for expanding businesses between the two countries.

The 15-member business delegation will stay here on a six-day visit from September 16.

The Thai delegation would be visiting few industries, Dhaka Export Processing Zone (DEPZ) and Chittagong Export Processing Zone (CEPZ).

The high-powered business delegation will also attend business matchmaking meetings with Bangladeshi businessmen, to be arranged by FBCCI and Bangladesh Garment Manufacturers and Exporters Association (BGMEA).

The meetings are aimed at exploring possible new product lines for exports from Bangladesh and facilitating Thai investment here.

Apart from the business and investment engagement, the Thai delegation will make courtesy calls on Commerce Minister Tofail Ahmed during the visit.

Bangladesh Investment Development Authority (BIDA), Bangladesh Economic Zones Authority (BEZA), Bangladesh Parjatan Corporation and Ministry of ICT will present overviews on Bangladeshi's different trade/investment and other opportunities.

This will be the largest business delegation from Thailand.

The export volume of Bangladesh to Thailand was US$ 48.57 million in the last fiscal year and import volume was US 781.6 billion in the same fiscal year.

Currently, Bangladesh is enjoying duty-free and quota-free access of its 6,998 products.

Bangladesh is also working to sign a free-trade agreement (FTA) with Thailand to boost bilateral trade volume.

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