Ctg Chamber signs memo with JETRO to foster trade relations with Japan

Staff Correspondent . Chattogram | Published: 22:13, Nov 22,2020


A memorandum of understanding has signed between Japan External Trade Organisation (JETRO) and Chittagong Chamber of Commerce and Industry (CCCI) on Sunday to foster trade relations with Japan.

MoU signing ceremony was held at the World Trade Centre Chattogram on Sunday afternoon to mark the 50 years economic friendship of Japan-Bangladesh and plan for next 10 years of private sector cooperation.

CCCI president Mahbubul Alam and JETRO country representative and JBCCI president Yuji Ando signed the MoU.

As per the contract JETRO and Japan- Bangladesh Chamber is going to work on research and development for 10 years.

Commerce minister Tipu Munshi said that under the project, plans will be formulated for the development of private sector on the basis of mutual cooperation for 10 years from 2021 to 2030, work will be done to improve bilateral trade relations including identification of problems and prospects in business investment.

Japanese ambassador to Bangladesh Ito Naoki said that Matarbari Deep Sea Port is a mega-ship project of Japan and Bangladesh. Under the Big B Initiaitve from Japan is directly implementing many ongoing mega projects from Dhaka-Cox’s Bazar.

He proposed arranging road show of Bangladeshi product and business in Japan.

CCCI president Mahbubul Alam said that Bangladesh and Japan has a very friendly relationship for long. Japan government has been playing vital role to the development of Bangladesh.

Deputy education minister Mohibul Hassan Chowdhoury Nowfel, Prime Minister’s principal secretary Ahmad Kaikaus, Ambassador of Bangladesh to Japan Shahabuddin Ahmed, JICA chief representative Hayakaya Yuho and FBCCI president Sheikh Fazle Fahim attended the ceremony virtually.

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