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Mexico wants to expand trade relations with Bangladesh as both countries see great potential in the automobile, pharmaceutical, chemical, and FinTech sectors.
The ambassador at the Embassy of Mexico in New Delhi of India, Federico Salas Lotfe, said this during a courtesy meeting with Mostofa Azad Chowdhury Babu, senior vice-president of the Federation of Bangladesh Chambers of Commerce and Industry (FBCCI), at the trade body’s Motijheel office in the capital on Monday.
Speaking at the meeting, the Mexican ambassador said economic relations between Bangladesh and Mexico are still small. “By exploring and diversifying trade, both sides would be benefited. I think the automobile, pharmaceutical, chemical, and FinTech sectors have huge potential.”
He said Mexico is one of the major suppliers in the global automobile market. “We are interested in exchanging Mexico’s experience and transfer technology to build the capacity of Bangladesh in automobile manufacturing. I think it would be a good initiative. Bangladeshi entrepreneurs can also establish businesses in Mexico.”
Mostofa informed the Mexican delegation of the Bangladesh Business Summit, which is going to be organised in March on the occasion of the 50th founding anniversary of the FBCCI. He said FBCCI is expecting active participation from the Mexican side in the event.
“Several plenary sessions will be held during the three-day summit while trade and investment potentialities in Bangladesh will be discussed as well,” he said.
He also said chief executives from international companies, business leaders, analysts, and top officials of different countries and organisations are going to be present in the mega event.
Mostofa said FBCCI will provide all kinds of support to Mexican businessmen for expanding trade and investment in Bangladesh.
FBCCI directors Syed Sadat Almas Kabir, SM Shafiuzzaman, and Abu Hossain Bhuiyan Ranu, Secretary General Mohammad Mahfuzul Hoque, and other members of the delegation were also present at the meeting.