UAE-Bangladesh Business Council launched in Dubai

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The UAE-Bangladesh Business Forum was held at DP World Pavilion at Expo 2020 on Thursday in the presence of ministers, officials, government and private sector representatives from both countries…reports Asian Lite News

The forum was attended by the Prime Minister of Bangladesh Sheikh Hasina (virtually), and Dr. Thani bin Ahmed Al Zeyoudi, Minister of State for Foreign Trade, as well as the Adviser to the Prime Minister of Bangladesh, Minister of Foreign Affairs and Minister of Commerce.

The forum discussed ways to enhance cooperation between the two countries in the field of trade and investment, and ways to promote the role of the private sector in both countries.

During the forum, an MoU was signed to establish a joint UAE-Bangladesh Business Council between the Federation of UAE Chamber of Commerce & Industry and the Federation of Bangladesh Chambers of Commerce and Industry.

Recently, Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai had met with Sheikh Hasina, Prime Minister of Bangladesh, at the country’s pavilion at Expo 2020 Dubai.

During the meeting, the two leaders discussed various issues of mutual concern and explored new avenues to strengthen cooperation in various fields to serve the development goals of both nations.

They had also witnessed the signing of several Memorandums of Understanding (MoUs) aimed at boosting cooperation between the UAE and Bangladesh.

The first MoU for cooperation in the field of higher education and scientific research was signed by Hussain bin Ibrahim Al Hammadi, Minister of Education, and Abul Kalam Abdul Momen, Bangladesh’s Minister for Foreign Affairs.

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Another MoU for cooperation in the field of diplomatic training was signed by Ahmed Ali Al Sayegh, Minister of State, and Masud bin Momen, Foreign Secretary of Bangladesh.

An MoU between the Emirates Centre for Strategic Studies and Research and the Bangladesh Institute of International and Strategic Studies, was signed by Dr. Sultan Mohammed Al Nuaimi, Director-General of the Emirates Centre for Strategic Studies and Research, and Kazi Imtiaz Hossain, President of the Bangladesh Institute of International and Strategic Studies.

The agreements also included an MoU between the Dubai Chamber of Commerce and Industry and the Federation of Bangladesh Chambers of Commerce and Industry. The MoU was signed by Sultan bin Sulayem, Chairman of Dubai International Chamber, and Mohammed Jashim Uddin, President of the Federation of Bangladesh Chambers of Commerce and Industry.