Algerian chamber of commerce and industry interested in signing MoU with FBCCI: Ambassador of Algeria to Bangladesh
Peoples Time Desk
Algeria is an African country interested in increasing trade with Bangladesh. At present it imports jute and jute products, oven and knitwear, home textiles and footwear from Bangladesh. Apart from this it imports huge quantity of consumer goods, Cereals, dairy products, plastics, medicines every year from world market.
Algeria also has a huge potential market for manmade filaments, glass and ceramics, leather goods, and electronics. Therefore, a Memorandum of Understanding between the Algerian Chamber of Commerce and Industry and the FBCCI could be mutually beneficial.
In a courtesy call on FBCCI President Mr. Md. Jashim Uddin on Wednesday afternoon, Algerian Ambassador to Dhaka H.E Mr. Rabah Larbi expressed interest in signing a memorandum of understanding between the two countries.
Responding positively to the proposal of the country's ambassador, FBCCI President Mr. Md. Jashim Uddin said that trade associations of more than 50 countries of the world have signed about 150 MoUs with FBCCI. An agreement with the Algerian Trade Organization would increase trade and investment opportunities between the two countries. The FBCCI president promised to send the draft agreement to the Algerian embassy in Dhaka soon.
Also present on the occasion were Mr. Mostofa Azad Chowdhury Babu, Senior Vice President, Mr. Amin Helaly, Vice President and Mr. Mohammad Mahfuzul Hoque, Secretary General of FBCCI.