A 30-member business delegation from Pakistan, led by Mr Atif Ikram Sheikh, president of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI), will arrive in Dhaka today (Saturday).
Bangladesh’s apex chamber body, the Federation of Bangladesh Chambers of Commerce and Industry (FBCCI), invited the delegation to promote business relations.
The delegation, which includes senior leaders such as Mr. Saquib Fayyaz Magoon, senior vice president of FPCCI, and Mr. Zaki Aijaz, vice president of FPCCI, will explore business opportunities between the two South Asian countries.
Despite their geographic proximity, intra-regional trade between Bangladesh and Pakistan has remained limited.
The delegation will stay in Dhaka until January 15 and is expected to hold one-on-one meetings with relevant business leaders.
They will also meet with advisers of Bangladesh’s interim government to discuss trade and investment prospects.
Trade relations between the countries have been strained over a decade, particularly during the tenure of the previous Awami League government.
As a result, prices of some high-demand Pakistani goods, for example– Pakistan-made roohafza and basmati rice– in Bangladesh skyrocketed due to limited availability.
A key highlight of the visit is the anticipated formation of a joint business council to improve trade ties and foster cooperation between the two nations.
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