Czech Republic Trade Delegation Visit MCCI


Czech Republic Trade Delegation Visit MCCI

A high-powered business delegation from the Czech Republic headed by its Trade and Industry Minister Mr. Martin Kuba seen at a seminar on 'Exploring Opportunities: Czech Republic-Bangladesh Business Forum' organised by the Metropolitan Chamber of Commerce and Industry, Dhaka (MCCI) at the Chamber’s Conference Hall on . Deputy Minister for Transportation of the Czech Republic Mr. Jiri Zak, Czech Ambassador in Bangladesh Mr. Miloslav Stasek and President of MCCI, Dhaka Ms. Rokia Afzal Rahman were present at the seminar, among others.

The Czech business delegation showed interest to invest in Bangladesh’s power, real estate, pharmaceuticals and communication sectors. The team, led by Czech Republic Minister for Industry and Trade Martin Kuba, comprises 50 officials from the government and different Czech companies. The Czech business leaders from the sectors such as engineering, iron and steel production, chemical production, electronics, transportation equipment and pharmaceuticals came to Dhaka on Sunday on a two-day visit. Mr. Kuba were mentioning that they were taking further steps to strengthen our bilateral economic and trade ties which was mentioned in a meeting with the leaders of Metropolitan Chamber of Commerce and Industry (MCCI) at its office in Dhaka.

Closer cooperation between different chambers and trade bodies of both the countries is important, said the minister of the central European country.

Bilateral trade exceeded $200 million at the end of 2011, which was mentioned as far below the potential of both the nations.

Czech Republic traditionally delivers textile machinery, dairy products, communication equipment and papers. The recent economic development in Bangladesh and the implementation of the vision of the government, foreseeing that Bangladesh would become a middle income country by 2021 attracted their focus.

Ms. Rokia Afzal Rahman, President MCCI said that the visit of the high-power delegation would create new avenues and help increase trade and investment between the two countries. Bangladesh is an attractive investment destination, she said. Bangladesh proved its resilience against shocks during the global economic meltdown in 2009, she added. She also indicated that Bangladesh was the 69th largest exporting country, second largest exporter of garment products and 11th largest importer of textile items in the world.

Both the group assured that these sorts of cooperation would be continuing in the future.