Commonwealth Trade & Investment Forum to be held in Dhaka tomorrow
Business Report :
The first ever Commonwealth Trade & Investment Forum, which will be held in Dhaka tomorrow (September 13 and 14), will pave the way for Bangladesh businesses to display their capacity to absorb technology, said Salman F Rahman, Private Industry and Investment Adviser to Prime Minister.
Addressing the curtain raiser press event Mr Rahman highlighted the country’s advancement in digitalisation and said that the CTIF will be an ideal place for the local entrepreneurs to initiate collaboration with the business houses of 53 member countries of the Commonwealth.
The Commonwealth Trade & Investment Forum will be organized by Commonwealth Enterprise and Investment Council (CWEIC) in partnership with the Bangladesh Investment Development Authority (BIDA), Ministry of Foreign Affairs and ZI Foundation.
Lord Swire KCMG, Member of the House of Lords of the United Kingdom and Deputy Chairman of the CWEIC; Md. Shahriar Alam, State Minister for Foreign Affairs, Lokman Hossain Miah, Executive Chairman (Senior Secretary), Bangladesh Investment Development Authority (BIDA); Zillur Hussain, Strategic Advisor, Bangladesh, CWEIC; among others, were present at the press conference organised at a city hotel.
Previously the Forum was organised in other member states of Commonwealth such in the United Kingdom, Singapore, Kenya, Rwanda, Malta etc. Commonwealth is a voluntary association of 56 countries united by common values and is a home to one-third of the world’s population. Bangladesh joined the Commonwealth as its 34th Member in 1972.
“Over time, Bangladesh attained tremendous development on its economic fronts. Under the able leadership of Prime Minister Sheikh Hasina Bangladesh is graduating into a middle-income country in 2026” Salman F Rahman said adding that this achievement became possible with immense hard work by the nation, along with support from its development partners like the Commonwealth members. Some of the largest trade partners of Bangladesh are Commonwealth members.’
Lord Swire KCMG, Member of the House of Lords of the United Kingdom and Deputy Chairman of the Commonwealth Enterprise and Investment Council (CWEIC) said ”The Commonwealth is an amazing opportunity for Bangladeshi companies to explore – 56 countries of untapped potential and limitless possibilities.”
