Setting up of jt trade body between Bangladesh, Thailand suggested
Sunday, 27 December 2009
FE Report
Commerce Minister Md Faruk Khan has called upon Thai investors to invest more in Bangladesh's potential sectors as the country has a liberal investment policy in comparison to other South Asian countries.
The minister's call came in the recently held 'Bangladesh Road Show,09, Thailand' held in Bangkok.
A 39-member business delegation led by Mr. M. A. Momen, President, Bangladesh Thai Chamber of Commerce & Industry (BTCCI) attended the programme.
The Commerce Minister of Thailand suggested setting up of a high level Joint Trade Committee between Bangladesh and Thailand to study and recommend measures to remove the barriers of trade between the two nations. The Bangladesh Commerce Minister agreed readily to the proposal of his Thai counterpart and also suggested to include the representatives of the Private sector in the Joint Trade Committee.
The Bangladesh Commerce Minister also announced that the New Industrial Policy 2009 has been launched with a new vision to help Bangladesh reach the level of a middle-income country by 2021.
Referring to the objective of the Road Show, the Commerce Minister in his inaugural address said that the programme would help reduce trade gap between the two countries and increase the potential of trade, commerce, investment and other economic activities.
The Commerce Minister emphasized finding out practical ways and means for furtherance of the relations between Bangladesh and Thailand as there is huge potential to increase the bilateral trade, business and economic cooperation between the two countries.
The business delegation consisted of members from the Board of Directors of BTCCI, general members of BTCCI, businessmen from different sectors including Dhaka Stock Exchange Ltd.
A large number of business entrepreneurs, groups, trade bodies, researchers, academics attended the Road Show held first time in Thailand by Bangladesh.
The BTCCI in cooperation with the Board of Investment Thailand, the Royal Thai Embassy in Dhaka, the Thai Bangladesh Business Council (TBBC) and the Bangladesh Embassy in Thailand organized the event.
Ms. Ajarin Pattanapanchai, Deputy Secretary General, BOI, Thailand also spoke in the inaugural session.
There were three different sessions including the inaugural session. The opening session entitled "Investment Support & Promotion": Efforts of the Government and Association in helping Trade and Investment in Bangladesh was addressed by the Ambassadors of Thailand and Bangladesh, Mr. M. A. Momen, President, BTCCI, Mr. Mikail Shipar, Director General (Additional Secretary), Prime Minister's Office (In Charge of BOI, Bangladesh), Mr. Songask Limbanyen, Head of South Asia Desk, BOI, Thailand and Mr. Mingpant Chaya, President, Thai Bangladesh Business Council (TBBC). Over 100 Thai entrepreneurs participated in the Road Show.
Commerce Minister Md Faruk Khan has called upon Thai investors to invest more in Bangladesh's potential sectors as the country has a liberal investment policy in comparison to other South Asian countries.
The minister's call came in the recently held 'Bangladesh Road Show,09, Thailand' held in Bangkok.
A 39-member business delegation led by Mr. M. A. Momen, President, Bangladesh Thai Chamber of Commerce & Industry (BTCCI) attended the programme.
The Commerce Minister of Thailand suggested setting up of a high level Joint Trade Committee between Bangladesh and Thailand to study and recommend measures to remove the barriers of trade between the two nations. The Bangladesh Commerce Minister agreed readily to the proposal of his Thai counterpart and also suggested to include the representatives of the Private sector in the Joint Trade Committee.
The Bangladesh Commerce Minister also announced that the New Industrial Policy 2009 has been launched with a new vision to help Bangladesh reach the level of a middle-income country by 2021.
Referring to the objective of the Road Show, the Commerce Minister in his inaugural address said that the programme would help reduce trade gap between the two countries and increase the potential of trade, commerce, investment and other economic activities.
The Commerce Minister emphasized finding out practical ways and means for furtherance of the relations between Bangladesh and Thailand as there is huge potential to increase the bilateral trade, business and economic cooperation between the two countries.
The business delegation consisted of members from the Board of Directors of BTCCI, general members of BTCCI, businessmen from different sectors including Dhaka Stock Exchange Ltd.
A large number of business entrepreneurs, groups, trade bodies, researchers, academics attended the Road Show held first time in Thailand by Bangladesh.
The BTCCI in cooperation with the Board of Investment Thailand, the Royal Thai Embassy in Dhaka, the Thai Bangladesh Business Council (TBBC) and the Bangladesh Embassy in Thailand organized the event.
Ms. Ajarin Pattanapanchai, Deputy Secretary General, BOI, Thailand also spoke in the inaugural session.
There were three different sessions including the inaugural session. The opening session entitled "Investment Support & Promotion": Efforts of the Government and Association in helping Trade and Investment in Bangladesh was addressed by the Ambassadors of Thailand and Bangladesh, Mr. M. A. Momen, President, BTCCI, Mr. Mikail Shipar, Director General (Additional Secretary), Prime Minister's Office (In Charge of BOI, Bangladesh), Mr. Songask Limbanyen, Head of South Asia Desk, BOI, Thailand and Mr. Mingpant Chaya, President, Thai Bangladesh Business Council (TBBC). Over 100 Thai entrepreneurs participated in the Road Show.