Bangladesh's FBCCI seeks closer business ties with Brazil

02 Mar '20

1 min read

Pic: Shutterstock

The Federation of Bangladesh Chambers of Commerce & Industries (FBCCI) recently stressed the need for delegation visits, memoranda of understanding in various sectors and a joint summit so that Bangladesh and Brazil can exploit each other’s business potential. FBCCI president Sheikh Fazle Fahim said it would explore options for more cooperation with Brazil.

Fahim met Brazilian ambassador to Bangladesh Joao Tabajara de Oliveira recently in Dhaka.

He said FBCCI is working to establish an Institute for Technical and Vocational Education and Training to create skilled manpower who can work for industrial growth.

Oliveira too expressed his willingness to work together to upgrade Brazil’s business ties with Bangladesh, according to Bangla media reports. Bangladesh’s cotton is much cheaper than US cotton, but the quality is almost the same, he said.

Bangladeshi businesses could benefit by visiting the Federation of Industries of the state of Sao Paulo while options are there to build partnerships in other areas, he said.

Brazil has a burgeoning recycling sector, an area which the two nations can explore together, he added.

Fibre2Fashion News Desk (DS)

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