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Export of Bangladeshi products to China growing at the rate of 25 per cent

Export of Bangladeshi products to China is increasing at the rate of 25 per cent. This was disclosed by Commerce minister Tofail Ahmed. He also hoped that the export volume would exceed $ 1 billion soon.

He was speaking at a roundtable discussion at CIRDAP Auditorium, Dhaka. The roundtable conference titled Bangladesh-China Bilateral Trade and Investment: Potentialities and Challenges was organised by Economic Reporters’ Forum (ERF).

Mentioning that China has been allocated space at Special Economic Zone (SEZ), Ahmed said the SEZ would be the best place for investment for relocating the Chinese readymade garments. Bangladesh would provide all kind of necessary cooperation for Chinese investment in the country, he added.

Referring to different features of 7th Five Year Plan, the commerce minister said special initiatives including cash incentives have been taken to increase the number in export basket. Currently, the total volume of Bangladesh and China is $ 11 billion while Bangladesh exports goods worth nearly $ 1 billion.

CPD additional Research Director Dr Khandker Golam Moazzem made keynote presentation while ERF President Saif Ahmed Dilal chaired the roundtable meet. Former Industries Minister Dilip Barua, BNP Standing Committee Member Lt Gen (Retd) Mahbubur Rahman, PRI Vice Chairman Sadik Ahmed, BIISS Chairman Munsi Foyez Ahmed and BFUJ President Manjurul Ahsan Bulbul spoke on the occasion among others.

 
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