Bangladeshi products to be promoted in Thailand: envoy

Makawadee Sumitmor, Ambassador of Thailand to Bangladesh, expressed interest to increase the sales of Bangladeshi products in the Thai market.

She expressed this interest while meeting with Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) President Md Jashim Uddin at FBCCI in the city on Tuesday, said a press release.

The Ambassador said that positive progress has been made on the Free Trade Agreement (FTA) between Thailand and Bangladesh.

However, Jashim Uddin said that after becoming a developing country from a least developed country, Bangladesh will lose some market advantage in the world market. So, FTA or PTA will be essential for economic development after 2026, he added.

However, he said, before concluding a free trade agreement, trade balance must be established between the two countries.

“At the same time, citing the examples of China, Japan, Korea and India, many countries have taken separate economic zones for their own investors. Thailand can also take such a step,” he said.

The Thai ambassador said that if the products are branded, there is a possibility of creating huge demand for Bangladeshi products in the country.

In particular, there is a huge opportunity to export readymade garments, leather goods and fish from Bangladesh, she added.

MA Momen, Vice President, FBCCI, proposed organising a road show in the country and forming a joint working group.

Deputy prime minister and commerce minister of Thailand will visit Bangladesh next year as part of the celebrations of 50 years of diplomatic relations between Bangkok and Dhaka. At that time, the Thai ambassador offered to hold a delegation meeting with the FBCCI. At that meeting, the ways forward to boost bilateral trade will be discussed and decided.

Also present on the occasion, among others, were Mostofa Azad Chowdhury Babu, senior vice president, FBCCI; Md Habib Ullah Don, vice president; and Mohammad Mahfuzul Hoque, secretary general of FBCCI.

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button