A Memorandum of Understanding (MoU) was signed yesterday to further advance trade and economic ties between the Japan Chamber of Commerce and Industry (JCCI) and the Federation of Bangladesh Chambers of Commerce and Industry (FBCCI).
According to a press statement, the MoU was signed on Thursday (27 April) in The Westin Tokyo, Japan, by Mr. Ken Kobayashi, Chairman of the JCCI, and Mr. Jashim Uddin, President of the FBCCI.
According to the MoU, the parties would collaborate to create more fruitful commercial relationships between the two nations. Trade and economic growth knowledge and information are exchanged.
They will work together to determine the shared barriers to investment and commerce in both nations and work to remove them.
At the opening of the summit on trade and investment opportunities between Bangladesh and Japan held at The Westin Tokyo, Japan, the MoU was signed. At the ceremony’s opening, Prime Minister Sheikh Hasina was the chief guest.
Foreign Minister Dr AK Abdul Momen, State Minister of ICT Division Zunaid Ahmed Palak, Private Industry and Investment Adviser to the prime minister Salman F Rahman, FBCCI former president Md Shafiul Islam (Mohiuddin) MP, Vice Presidents M A Momen, Md Amin Helaly, Aminul Haque Shamim, Salahuddin Alamgir, Md Habib Ullah Dawn, Directors, Executive Chairman of BIDA Lokman Hossain Miah, Executive Chairman of BEZA Shaikh Yusuf Harun, ambassadors of the two countries, high officials of the governments, business leaders were present at the summit.
“Japan has been a consistent partner in Bangladesh’s development journey,” said FBCCI President Md. Jashim Uddin. The 51st anniversary of Japan-Bangladesh ties is this year. We need to evaluate the progress we have achieved as a team as we commemorate this significant occasion.
The FBCCI president emphasized the market potential of both nations, saying, “As we navigate the ever-changing global economic landscape, our two countries must explore new opportunities, deepen our bilateral relations, and explore potential sectors.”
He said, “We expect the current negotiations will serve to further deepen our connections by easing and supporting the enterprises from both sides through the gateway of RCEP (Regional Comprehensive Economic Partnership) by 2026.