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Business leaders of the Asia-Pacific region on Tuesday emphasised on smooth connectivity and network among the regional countries to tap the potentials of trade and business in the region.
‘This is the time for the business leaders of the Asia-Pacific region to think about a common regulation to ensure free movement of products, capital and people among the countries so that entrepreneurs can take the advantage of globalisation,’ Confederation of Asia-Pacific Chambers of Commerce and Industry president Samir Modi said at a conference in Dhaka.
Citing the Asia-Pacific as the largest and fastest developing economy across the globe, he said that the region would maintain great influence as the engine of the global economy in future.
The Federation of Bangladesh Chambers of Commerce and Industry and CACCI jointly organised the two-day 33rd CACCI Conference at Sonargaon Hotel in the capital.
CACCI vice-president from Iran Pedram Soltani said that the member countries of the confederation should build a strong network to yield the untapped potentials of business in the region.
He also emphasised on establishing a smooth network among the CACCI member countries.
FBCCI president Sheikh Fazle Fahim expressed his interest in exploring ways to engage each other’s strengths in investment, trade and knowledge with the private sectors from CACCI member nations.
‘We look forward to more intensive CACCI private sector engagements to contribute towards humane, sustainable and inclusive advancement of our nations. Our goals are to be targeted, focused, time-bound, milestone-assessed, complementing CACCI’s mandate to promote trade, investment and the role of the private sector across the 28 member countries,’ he said.
Prime minister’s private industry and investment affairs adviser Salman F Rahman said that Bangladesh was now a great destination for foreign and domestic investments.
The government had been working towards achieving inclusive development by hosting various officials and diplomats for possible investments along with incentivising micro, small and medium enterprises (MSME) and entrepreneurs, he said.
Salman emphasised on different development activities of the government, including the advantages of setting up industries and making investments in different regions of the country.
A total of 55 participants from 15 CACCI member countries including Australia, Hong Kong, India, Iran, Japan, Nepal, Panama, Philippines, Russia, Sri Lanka, Taiwan, Thailand, Turkey, UK and USA took part in the conference.
The two-day event would cover sessions on ‘Business Opportunities through CACCI’, ‘Asia Pacific in a Changing Global Order: The Next Decade’, ‘Technologies Transforming Economies’, ‘In Pursuit of Equitable and Sustainable Growth’, and ‘Building an Enabling Environment for Inclusive Digital Transformation in the Asia-Pacific’.
(NA)
