A delegation of the Federation of Pakistan Chambers of Commerce and Industry arrived in Dhaka Saturday for a meeting.
August 26, 2006 (Press Release) --
A delegation of the Federation of Pakistan Chambers of Commerce and Industry arrived in Dhaka Saturday for a meeting of the Bangladesh-Pakistan Joint Business Council Sunday.
FPCCI president Chaudhury Muhammad Saeed is leading his 49-member team, which came with plans from their side for exploiting an under-utilized potential in the two-way trade.
The host FBCCI and the guest FPCCI will hold three sessions in tomorrow’s meeting.
Trade relations between the two countries, a boost to the trade, FTA, non-tariff barriers, economies of Bangladesh and Pakistan, pharmaceutical industry in Bangladesh, textile industry and shipping are on top of chart for tomorrow’s Joint Business Council meeting.
After his arrival, FPCCI president Chaudhury Muhammad Saeed told reporters that his purpose of coming to Bangladesh was to reduce the trade gap between the two countries and to find wherein lie trade and investment opportunities for them, especially in textile sector.
The delegation will also push Bangladesh for direct air and shipping links for a stronger interaction between the two sides.
They are interested to import tea, jute, jute- goods, pharmaceuticals, ceramic, electrical and electronic appliances.
The existing trade deficit between Bangladesh and Pakistan in 2004-05 was $ 75.48 million.
As a measure to reduce the trade gap, Bangladesh had requested Pakistan to accord duty-free access for 21 products of Bangladesh during the Commerce Minister-level meeting held in Dhaka in January 2002.
The Pakistani Commerce Minister at the time had given assurances of considering duty-free access facility for jute, jute-goods and tea initially, and extending similar benefit to other products of Bangladesh at a subsequent stage.
The carriage of goods between Bangladesh and Pakistan is hampered for a lack of direct air and sea links.
FPCCI president Chaudhury Muhammad Saeed is leading his 49-member team, which came with plans from their side for exploiting an under-utilized potential in the two-way trade.
The host FBCCI and the guest FPCCI will hold three sessions in tomorrow’s meeting.
Trade relations between the two countries, a boost to the trade, FTA, non-tariff barriers, economies of Bangladesh and Pakistan, pharmaceutical industry in Bangladesh, textile industry and shipping are on top of chart for tomorrow’s Joint Business Council meeting.
After his arrival, FPCCI president Chaudhury Muhammad Saeed told reporters that his purpose of coming to Bangladesh was to reduce the trade gap between the two countries and to find wherein lie trade and investment opportunities for them, especially in textile sector.
The delegation will also push Bangladesh for direct air and shipping links for a stronger interaction between the two sides.
They are interested to import tea, jute, jute- goods, pharmaceuticals, ceramic, electrical and electronic appliances.
The existing trade deficit between Bangladesh and Pakistan in 2004-05 was $ 75.48 million.
As a measure to reduce the trade gap, Bangladesh had requested Pakistan to accord duty-free access for 21 products of Bangladesh during the Commerce Minister-level meeting held in Dhaka in January 2002.
The Pakistani Commerce Minister at the time had given assurances of considering duty-free access facility for jute, jute-goods and tea initially, and extending similar benefit to other products of Bangladesh at a subsequent stage.
The carriage of goods between Bangladesh and Pakistan is hampered for a lack of direct air and sea links.
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