FTA key to expediting BD-UK trade ties: DCCI

Business Desk :
The UK is the second largest foreign investor in Bangladesh. To make mutually beneficial economic relations, upon Brexit and LDC graduation of Bangladesh, FTA or CEPA should be signed to expedite bilateral economic relations.
Dhaka Chamber of Commerce & Industry (DCCI) President Rizwan Rahman made the remark at a business networking meeting between the DCCI and visiting 10-member business delegation from Chambers Wales, held in Dhaka on Thursday.
Welcoming the business delegation from UK’s Chambers Wales, Rizwan said, “Bangladesh and the UK maintain a friendly diplomatic tie and bilateral relation since ages. The UK is the third largest export destination of Bangladesh and we kept maintaining a positive trade balance with the UK.
“Bilateral trade reached approximately $4.11 billion in FY21, of which, Bangladesh exports around $3.75 billion.”
Rizwan also urged for setting up a Trade Support desk in association with Chambers Wales to assist likely trade deals and business proposals for the British investors, read a press release.