Published on 12:00 AM, April 28, 2023

FBCCI signs MoU with Japan chamber

The Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) and the Japan Chamber of Commerce and Industry (JCCI) yesterday signed a memorandum of understanding (MoU) at The Westin Tokyo, Japan to strengthen bilateral trade and economic relations. 

FBCCI President Md Jashim Uddin and JCCI Chairman Ken Kobayashi signed the MoU under which the parties would cooperate to develop more productive contacts between businesses of the two countries, said a press release here.

There will also be exchange of knowledge and information related to bilateral trade and economic development. Both trade bodies will also cooperate to identify and address common obstacles to trade and investment.

The MoU was signed at the inauguration of a summit on "Trade & Investment Opportunities" between Bangladesh and Japan at The Westin Tokyo, Japan.

Prime Minister of Bangladesh Sheikh Hasina was the chief guest at the inauguration.

Private Industry and Investment Adviser to the Prime Minister Salman F Rahman, Foreign Minister Dr AK Abdul Momen, State Minister for ICT Division Zunaid Ahmed Palak, Executive Chairman of Bangladesh Investment Development Authority Lokman Hossain Miah and Executive Chairman of Bangladesh Economic Zones Authority Shaikh Yusuf Harun were present.

Ambassadors of the two countries, a former FBCCI president, vice presidents, directors, high officials of the governments, business leaders were also present.

Speaking on the occasion, FBCCI President Md Jashim Uddin said, "Japan has been a consistent partner in Bangladesh's development journey."

"This year marks 51 years of Japan-Bangladesh relations. As we celebrate this milestone anniversary, we must reflect on the progress we have made together," he said.

Emphasising on market prospects of both countries, he said, "As we navigate the ever-changing global economic landscape, our two countries must explore new opportunities and deepen our bilateral relations and explore potential sectors."

"We hope the ongoing discussions to ease and support the businesses from both sides through the gateway of RCEP (Regional Comprehensive Economic Partnership) by 2026 will serve to further strengthen our ties," Jashim added.