DHAKA, Feb 13, 2022 (BSS) - Bangladesh High Commission in London has
decided to form a "Business Advisory Committee" to further increase
British businesses here through seizing new opportunities in
post-Brexit times.
"A Business Advisory Committee will be set up by the Bangladesh
High Commission, London with Diaspora and mainstream chambers in the
UK and Bangladesh to seize new and diversified business, trade and
investment opportunities in post-Brexit times", Bangladesh High
Commissioner to the UK Saida Muna Tasneem said.
The Bangladesh envoy said the committee would facilitate regular
networking and interactions for British-Bangladesh Chambers,
entrepreneurs and businessmen with British companies showing growing
interest in Bangladesh markets to import, export or invest in
Bangladesh.
The high commissioner was speaking at a business dialogue titled,
'New Business Opportunities in a post-Brexit Britain" hosted by
Bangladesh High Commission, London on Thursday, according to a press
release received here today.
Tasneem called upon the chambers to provide real time advice to the
high commission on how to complement a sustainable post-brexit and
post LDC trade and investment dialogue taking place between the two
countries.
She lauded Bangladesh Diaspora's enterprise and entrepreneurial
drive for connecting more British energy, infrastructure and IT sector
companies with Bangladesh markets over the past 3 years.
She encouraged the chamber leaders to play a more active role in
expanding Bangladesh's exports to post-Brexit UK and research on UK's
investing in the financial and Fintech, logistics, IT, skills and
education services sectors to take advantage of UK's Points based
system.
The dialogue was participated by Chairperson of British Business
Group in Bangladesh Md Mahbub ur Rahman, Chairman, UKBCCI and CEO,
Seamark Group Iqbal Ahmed, President, British Bangladesh Chamber of
Commerce and Industry Bashir Ahmed and Secretary General of Bangladesh
Caterers Association Mitu Chowdhury.
A number of leading British regional chambers, amongst others,
Maurits Pot, Founder and CIO and Dawn Global made a brief presentation
on Diaspora's investment opportunities in Bengal Tiger ETF
(Exchange-traded Fund).
Speakers at the dialogue stressed the importance of holding
industry-based stakeholder discussions, exchanging trade delegations
and allowing blue-chip Bangladeshi companies to invest in UK markets
to leverage Bangladesh's economic significance.
They identified certain factors as major barriers to Bangladesh's
success in diversifying its exports and encouraging investment,
including absence of policy to bring in green field investment from
Bangladesh to the UK, shortages of cold storage and cargo flights for
agro products, certification and accreditation issues and one-stop-
service window.
They recommended the Bangladesh government to take appropriate
steps to remove those barriers.