Bangladeshi Envoy asks KCCI to send business delegation to 35th largest economy of the world.

KARACHI -- Deputy High Commissioner of Bangladesh SM Mahbubul Alam, while stressing the need to enhance trade and investment cooperation, asked the Karachi Chamber to send a business delegation to Bangladesh to explore trade and investment opportunities in the 35th largest economy of the world which offers all the required facilities and infrastructure along with special incentives to foreign investors.

Exchanging views at a meeting during his visit to the Karachi Chamber of Commerce and Industry (KCCI), Bangladeshi envoy informed that 100 Special Economic Zones (SEZs) were being established all over Bangladesh with the aim of promoting investment and accelerating economic growth through increased and diversified industrialization, employment, production and exports. 'We have a lot of potential to work together so we must make collective efforts for the economic prosperity of the two brotherly countries', he added. President KCCI Mohammed Tariq Yousuf, Senior Vice President Touseef Ahmed, Chairman Diplomatic Missions and Embassies Liaison Subcommittee Zia ul Arfeen and KCCI Managing Committee Members were also present on the occasion.

Bangladeshi Deputy HC further stated that Bangladesh and Pakistan have been enjoying excellent economic relations which have been expanded with the passage of time but there were challenges which have to be efficiently tackled through collective efforts. 'When Bangladesh came to existence, it had zero foreign reserves and most of the food items were being imported but now the country holds impressive foreign reserves of US$48 billion and it was not importing any food items as all the food stuff for the population was being produced...