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CIS-BCCI delegation meets State Minister for Planning


DHAKA, A delegation of Commonwealth of Independent

States-Bangladesh Chamber of Commerce and Industry (CIS-BCCI), led by its

President Mohammad Ali Deen along with newly-elected Board of Directors,

today met State Minister for Planning Md. Shahiduzzaman Sarker at his office

at Sher-e-Bangla Nagar in the capital.

CIS-BCCI President briefed the State Minister about various activities of the

CIS-BCCI Chamber for promoting the trade and economic cooperation between

Bangladesh and CIS Countries including Russia in a bid to diversify the

export market to a third destination, said a press release here.

Deen, however, pointed out that at present the main impediment in business

transaction between Bangladesh and CIS countries is banking channel and

emphasized that Ministry of Finance, Ministry of Commerce and Bangladesh Bank

may take appropriate steps for streamlining financial and banking cooperation

between Russia and other CIS countries and Bangladesh.

He further emphasized on carrying forward object
ives of the two protocols

signed at IGC (Inter-Governmental Commission) meetings between Bangladesh and

Russia.

He especially mentioned about mutual regulatory Cooperation, harmonization of

trade rules and setting up necessary infrastructures including warehouses and

distribution network.

The State Minister for Planning appreciated the role of CIS-BCCI and

emphasized on exploring huge market of CIS countries including Russia to

enhance the export basket and competitiveness.

He assured of providing support from his ministry in this respect.

Shahiduzzaman also suggested for a detailed action plan, both short-term and

long-term, for augmenting trade links with CIS countries.

President of CIS-BCCI informed that CIS-BCCI works as a South Asian Partner

of ROSSCONGRESS that organizes the mega economic event every year. This year

also CIS-BCCI is hopeful to join SPIEF scheduled to be held during June 5-8,

2024 and requested the State Minister to participate if invitation in

received from SPIEF.

Along
side the President of CIS-BCCI, its vice-president Jadab Debnath,

directors Abdul Latif Sarker, Md. Enamul Haque, Khan Md. Iqbal, adviser

Mahbub Islam Runu and secretary of the Chamber Mustafa Mohiuddin were

present, among others, on the occasion.

Source: Bangladesh Sangbad Sangstha