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The bilateral relations between the two countries are below its potential and need to be explored properly
United Arab Emirates (UAE) laid emphasis on strengthening economic and commercial relations with Bangladesh as bilateral relations between the two countries are below its potential.
Assistant Minister for Economic and Trade Affairs of the Ministry of Foreign Affairs and International Cooperation (MOFAIC) of UAE Abdulnasser Alshaali expressed this view while holding talks with President of the Dhaka Chamber of Commerce and Industry (DCCI) in the capital on Sunday.
The bilateral relations between the two countries are below its potential and need to be explored properly, said Alshaali.
The assistant minister also called for a Joint Business Council to strengthen economic and commercial ties with Bangladesh
Establishing a joint business council would facilitate broader and deeper engagement with both public and private sector stakeholders, especially in emerging sectors of mutual interest, the assistant minister said.
The Assistant Minister commended Bangladesh’s extraordinary resilience and growth, which serves as a model for other countries. He further noted the importance of collective approaches to global issues such as food security in order to address any unforeseen supply chain disruptions, such as those that occurred during the Covid-19 pandemic.
Abdulla Ali AlHmoudi, chargé d’ affaires of the UAE Embassy in Dhaka, also attended the meeting.
DCCI President Rizwan Rahman opined that the UAE could play a vital role in boosting the economic growth of Bangladesh by sharing technical know-how and transferring technology.
As the most vibrant chamber of commerce of the country, DCCI will provide all the support needed to UAE businesses, the DCCI President added.
In addition to the IORA meetings, Abdulnasser Alshaali and his delegation will attend the 5th UAE-Bangladesh Joint Committee Meeting.
(DT)
