German businesses apprise foreign minister of jute potential

United News of Bangladesh | Published: 15:17, Oct 08,2016 | Updated: 02:31, Oct 10,2016


A pile of jute at wholesale village market.- UNB photo

Foreign minister AH Mahmood Ali had a meeting with high level business delegation of the German-Asia Pacific business community in Hamburg, the business capital of Germany, and discussed ways to strengthen business ties with Bangladesh. 

The interactive luncheon meeting, held on Thursday, was represented by prominent German business persons having diverse and long standing business interests in Bangladesh.

A number of innovative ideas were brought to the attention of the Bangladesh foreign minister that included diversified use of jute products in reinforcement of plastic components of cars, jute sticks as base materials for 3-D printers and using jute as a natural ingredient viz-a’-viz currently used biodegradable products. 

Two Swedish women entrepreneurs presented their case and sought assistance in setting up joint-ventures in Bangladesh with these innovative and potentially high-end trendy jute products. 

Business persons representing IT, shipbuilding, power and energy, banking, pharmaceuticals and jute products, in addition to readymade garments which accounts for more than 85 per cent of total Bangladesh export (around US$ 5 billion in FY 2015-2016) to Germany, were present. 

Peter Clasen, chairman of Ger Ban Fibres Limited who has more than 100 years of family business association with Bangladesh, delivered the welcome speech and moderated the interactive session, foreign ministry said here on Saturday. 

Bangladesh ambassador to Germany Muhammad Ali Sorcar and consul of Bangladesh in Hamburg Walter Stork, among others, were present at the meeting.

The German business association informed that an IT delegation would soon visit Bangladesh. 

They also sought Minister’s support with regard to facilitation of doing business more easily in Bangladesh.

Bangladesh foreign minister welcomed new and innovative business ideas and assured to extend all the support for continued business tie between Bangladesh and Germany.

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