C T Online Desk: The new body would host bilateral talks to boost economic ties.
QCCI Chairman Sheikh Khalifa bin Jassim Al Thani proceeds to shake hands with FBCCI President Mahbubul Alam at Prime Minister’s Office in the capital on Tuesday.
The Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) and the Qatar Chamber of Commerce and Industry (QCCI) on Tuesday agreed to establish a Joint Business Council (JBC) to strengthen economic ties and other forms of bilateral cooperation.
The agreement was signed in the presence of Prime Minister Sheikh Hasina and Qatar’s Emir Sheikh Tamim bin Hamad Al Thani at the Prime Minister’s Office in the capital on Tuesday.
FBCCI President Mahbubul Alam and QCCI Chairman Sheikh Khalifa bin Jassim Al Thani signed the agreement with a view to facilitating consistent interaction between the two countries’ business communities for boosting trade and economic cooperation.
Mahbubul Alam said that the JBC will open a new window of cooperation between the two nations. The business communities of both the countries will benefit from this new body as they will be able to sit periodically to discuss issues of mutual interest in trade, business, scientific and research issues.
The JBC meetings will be organised alternately in Bangladesh and Qatar, and each side will have the opportunity to exchange information on trade, economic cooperation and services to augment business between the two countries.
The JBC will engage in activities such as exchanging information, submitting recommendations to respective governments, encouraging participation in exhibitions, and sponsoring missions and expert visits. Both sides will hold joint meetings to discuss issues related to trade promotion and economic cooperation. Sub-committees and task forces may be formed if necessary, according to the agreement.
