Bangladesh Calls for More Business to Egypt and Indonesia

Dhaka, Bangladesh | August 28, 2007 by D-8 Secretariat

Chief Adviser of Bangladesh, Dr Fakhruddin Ahmed said on Tuesday last week that Bangladesh is very enthusiastic to diversify cooperation with Egypt especially in the fields of agriculture, pharmaceutical, jute, and trade and investment for the benefit of the countries.

He made the remark when Egyptian Ambassador in Dhaka Ismail Abd-El Rahman Ghoneim made a farewell call on the Chief Adviser at his office.

The ambassador said Bangladeshi workers are working with good reputation in RMG sector in Egypt and they are in high demand by various companies in his country.

He requested the Chief Adviser to reactivate Bangladesh-Egypt Joint Commission to explore the potential of more bilateral cooperation between the two countries.

Responding to the diplomat, Dr Fakhruddin said he would look into the matter for holding the joint commission meeting.

He emphasised more exchange of visits at business, cultural and official levels for further strengthening the bond of friendship between the two countries.

Ambassador Ghoneim said ORASCOM, an Egyptian company, has made a big investment in telecommunication sector (Bangla Link) in Bangladesh during his tenure of four years.

Bangladesh in diversified sectors by availing the investment-friendly climate and incentives offered by the government for foreign investors. Egypt can import various goods, including jute, jute products, ceramics, leather and leather products and pharmaceuticals from Bangladesh, he added.

Commenting on the news, D-8 General Secretary, Dipo Alam, is assured of its expectation that volume of business can continue to grow in between these D-8 countries such as Bangladesh, Egypt and Indonesia, since these countries have been recording good performances on intra-trade up to this year. Alam also underlined that the role of D-8 Join Commission can be focused in a more solid way by inclusive participation of the private sectors in trade, industry and investment. General Director of Asia Pacific Indonesia, Primo A. Julianto, also echoed similar optimistic view during his visit to Bangladesh earlier this year.

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