Business Desk :
The Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) is going to set up a trade centre in Dubai to boost trade and investment with the United Arab Emirates (UAE).
In this regard, a memorandum of understanding (MoU) was signed between the Bangladesh Business Council (BBC) of Dubai and the FBCCI on Friday in Dubai, a press release said on Saturday.
FBCCI President Md Jashim Uddin and BBC-Dubai founder President Mohammed Mahtabur Rahman inked the MoU on behalf of their organisations.
Bangladesh Securities and Exchange Commission (BSEC) Chairman Shibli Rubayat-Ul-Islam was present as the chief guest at the signing ceremony.
The business council will cooperate in setting up the trade centre.
The FBCCI will undertake activities of coordinating and promoting trade, investment and commerce between Bangladesh and the UAE.
The FBCCI trade centre will work to strengthen business relations with other countries by using Dubai as a hub, read the release.
The trade centre will provide various assistances to the UAE business community interested in investing in Bangladesh.
FBCCI Senior Vice-President Mostofa Azad Chowdhury Babu, Vice-President Md Habib Ullah Dawn, directors MGR Nasir Majumder, Mohammed Bazlur Rahman, and Md Nizam Uddin were, among others, present at the event.
