Home ›› Economy

Saudi minister in Dhaka to discuss trade, investment

UNB . Dhaka
10 Mar 2023 18:45:46 | Update: 11 Mar 2023 09:02:38
Saudi minister in Dhaka to discuss trade, investment
Foreign Minister AK Abdul Momen welcomes Saudi Commerce Minister Majid bin Abdullah Al-kassabi at BAF Base Bangabandhu in Dhaka on Friday afternoon — Courtesy/BSS

Saudi Minister for Commerce and Chairman of General Authority of Foreign Trade Majid bin Abdullah Al-kassabi arrived in Dhaka on Friday to attend Bangladesh Business Summit 2023 and to discuss bilateral, commercial, and global issues with Bangladesh leadership.

A special flight carrying the Saudi minister landed at the BAF base Bangabandhu in Dhaka. Foreign Minister AK Abdul Momen welcomed him at the airbase.

Senior officials from the Ministry of Foreign Affairs and the Ministry of Commerce were also present at that time.

Majid bin Abdullah is in Dhaka on a two-day visit and is scheduled to call on Prime Minister Sheikh Hasina on Friday.

He is also scheduled to call on Foreign Minister Momen and Commerce Minister Tipu Munshi on Saturday.

He will attend a welcome dinner hosted by Adviser to the Prime Minister on Private Industry and Investment Salman F Rahman Friday.

The Saudi commerce minister is leading a 20-member high-level delegation. A 35-member business delegation is also accompanying him.

This visit is expected to impart further momentum to the bilateral and trade relations of these two fraternal countries, said the Ministry of Foreign Affairs.

Prime Minister Sheikh Hasina is scheduled to inaugurate the three-day summit at 10am on Saturday at the Bangabandhu International Conference Center (BICC). She will also inaugurate the “Best of Bangladesh Expo” on the same day.

The Federation of Bangladesh Chambers of Commerce and Industry (FBCCI), the apex trade body of the country, is organising this international summit on its 50th founding anniversary.

The summit will highlight the success stories that have set the foundation for Bangladesh's sustainable growth.

Ministers from seven countries, including the United Kingdom, the Kingdom of Saudi Arabia, China, Bhutan, and the United Arab Emirates, CEOs of 12 multinational companies, and more than 200 foreign investors and business leaders from 17 countries of the world will also participate in the summit.