FBCCI to set up trade centre in Dubai

The Federation of Bangladesh Chambers of Commerce and Industries (FBCCI) is going to set up a trade centre in Dubai to boost trade and investment with the United Arab Emirates (UAE).

In this regard, a memorandum of understanding (MoU) was signed between the Bangladesh Business Council (BBC) of Dubai and the FBCCI on Friday in Dubai.

According to the agreement, the BBC will cooperate in setting up an FBCCI trade centre in Dubai.

The FBCCI will undertake activities of coordinating and promoting trade, investment and commerce between Bangladesh and the UAE.

The FBCCI trade centre will work to strengthen business relations with other countries by using Dubai as a hub.

The trade centre will provide various assistance to UAE businessmen interested in investing in Bangladesh.

FBCCI President Md Jashim Uddin and Founder President of BBC-Dubai Mohamed Mahtabur Rahman signed the MoU on behalf of their respective organisations.

Prof Shibli Rubayat-Ul-Islam, chairman of the Bangladesh Securities and Exchange Commission, was present at the signing ceremony as chief guest.

Among others, FBCCI Senior Vice President Mostofa Azad Chowdhury Babu, Vice President Md Habib Ullah Dawn, Directors MGR Nasir Majumder, Mohammed Bazlur Rahman and Md Nizam Uddin, were also present at the event.