Chittagong is the centre of Canadian business in Bangladesh because of its geographic location and economic context, Canadian high commissioner said yesterday.
The port city is a suitable place for business and investment, Heather Cruden said at a meeting with the President of Chittagong Chamber of Commerce and Industry (CCCI), Mahbubul Alam.
Business transactions between Bangladesh and Canada exceeded $1 billion in 10 months of 2010-11 fiscal year, said Cruden.
Alam said the trade and business relations between the two countries have taken off splendidly in the last few years and there remains a lot of potential and opportunities to be utilised.
Directors of the chamber and senior officials of the Canadian High Commission were also present.