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FBCCI, France-Bangladesh Economic Chamber sign MoU

Staff Correspondent
13 Nov 2021 20:06:35 | Update: 13 Nov 2021 20:08:35
FBCCI, France-Bangladesh Economic Chamber sign MoU
— Courtesy Photo

A Memorandum of Understanding (MoU) was signed between FBCCI and France Bangladesh Economic Chamber for greater cooperation and partnership on Friday.   

FBCCI President Jashim Uddin and France Bangladesh Economic Chamber President Kazi Enayet Ullah signed the MoU organised in Paris, France, said a FBCCI press release on Saturday.      

Addressing the MoU signing ceremony, Jashim Uddin said that the MoU will certainly help further promote the cooperation for diversifying trade and expanding investment in a meaningful manner.

The FBCCI boss also mentioned that Bangladesh offers best competitive fiscal and non-fiscal incentives for investment. Manufacturers of Bangladesh are adopting greener technologies and modern production methods aligned with 4IR and challenges of climate change. Among the world’s top 10 green RMG factories, the top 7 are located in Bangladesh.

Mentioning that Bangladesh needs huge Foreign Direct Investment (FDI) for inclusive growth he urged French investors to consider Bangladesh as an ideal destination for relocation of their industry.

Jashim also invited NRBs to invest in Bangladesh taking the investment incentives. FBCCI as the apex trade body of Bangladesh is always open to facilitate business interest in Bangladesh, he told.

Leaders of France-Bangladesh Economic Chamber and NRB businessmen of Paris attended the meeting.

Earlier on Wednesday, the FBCCI signed a memorandum of understanding with MEDEF International (Mouvement des Entreprises de France International), the apex trade body of France.

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