KL to remove tariff, non-tariff barriers in phases
Thursday, 2 August 2007
Malaysia is likely to remove tariff and non-tariff barriers for Bangladesh in phases and issue multiple visa for three years to genuine Bangladeshi businessmen, reports UNB.
Malaysian High Commissioner (HC) Abdul Malek Bin Abdul Aziz Wednesday said this while speaking at a preparatory meeting for sending Bangladeshi business delegations to Malayasia and holding a mini-exhibition there.
Export Promotion Bureau (EPB) and Bangladesh-Malaysia Chamber of Commerce and Industry (BMCCI) jointly organised the meeting at the EPB conference room.
EPB Vice-chairman M Shahab Ullah presided over the meeting where BMCCI president Abdul Matlub Ahmed spoke, among others.
The Malaysian HC said Bangladesh can use its huge natural resources and manpower for the country's development.
He also said 'Halal meat' has a huge demand in the world
market and Bangladesh can grab that market to earn foreign exchange.
Referring to the close ties between Bangladesh and Malaysia, the HC said, "We should increase trade in terms of value and volume."
About the plea of business people to simplify visa processing, he
said his country will soon provide three-year multiple visa for Bangladeshi businessmen who are members of prominent trade bodies.
Last fiscal year Bangladesh exported products worth US$ 18 million to Malaysia against imports worth $376 million from that country.
BMCCI President Abdul Matlub Ahmed pointing out the huge trade gap urged the Malaysian HC to provide duty-free access of Bangladeshi products to Malaysian market.
Malaysian High Commissioner (HC) Abdul Malek Bin Abdul Aziz Wednesday said this while speaking at a preparatory meeting for sending Bangladeshi business delegations to Malayasia and holding a mini-exhibition there.
Export Promotion Bureau (EPB) and Bangladesh-Malaysia Chamber of Commerce and Industry (BMCCI) jointly organised the meeting at the EPB conference room.
EPB Vice-chairman M Shahab Ullah presided over the meeting where BMCCI president Abdul Matlub Ahmed spoke, among others.
The Malaysian HC said Bangladesh can use its huge natural resources and manpower for the country's development.
He also said 'Halal meat' has a huge demand in the world
market and Bangladesh can grab that market to earn foreign exchange.
Referring to the close ties between Bangladesh and Malaysia, the HC said, "We should increase trade in terms of value and volume."
About the plea of business people to simplify visa processing, he
said his country will soon provide three-year multiple visa for Bangladeshi businessmen who are members of prominent trade bodies.
Last fiscal year Bangladesh exported products worth US$ 18 million to Malaysia against imports worth $376 million from that country.
BMCCI President Abdul Matlub Ahmed pointing out the huge trade gap urged the Malaysian HC to provide duty-free access of Bangladeshi products to Malaysian market.