Commerce minister calls on diplomats to tap potential of global trade in post-COVID era

Staff Correspondent | Published: 22:48, Aug 09,2020


Commerce minister Tipu Munshi on Sunday called upon all Bangladeshi diplomats working in different countries across the world to take the initiative to tap into the global trade and business potentials in the post-COVID-19 era.

At a meeting with the newly appointed Bangladeshi ambassadors to Saudi Arabia, Kuwait and Uzbekistan, the minister said that COVID-19 had created new opportunities to expand the export volume of Bangladesh and the diplomats would have to put in their efforts to gain a greater share of the global market.

The meeting was held at the residential office of the commerce minister in the city.

Bangladeshi ambassadors to Saudi Arabia Mohammad Javed Patwary, ambassador to Kuwait Major General Md Ashikuzzaman and ambassador to Uzbekistan Md Zahangir Alam, commerce secretary Md Jafar Uddin and additional secretary Obaidul Azam, among others, attended the meeting.

The minister said that there was demand for Bangladeshi products in Saudi Arabia, Kuwait and Uzbekistan and it would be possible to increase the demand through maintaining good relations with the businesses of the countries and exchanging trade delegations.

‘Bangladesh’s export business has already rebounded in July defying the odds of the global economic slowdown caused by the coronavirus pandemic and the diplomats would have to think out of the box to increase the business more,’ Tipu Munshi said.

According to official data, Bangladesh’s exports in the financial year 2019-20 to Saudi Arabia, Kuwait and Uzbekistan amounted to $262.87 million, $23.52 million and $19.16 million respectively.

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