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FBCCI President Stresses Importance of Expanding Trade in Unconventional Markets

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During a courtesy meeting with the newly appointed ambassador of Bangladesh to Libya, Major General Abul Hasnat Mohammad Khairul Bashar, FBCCI President Md. Jashim Uddin emphasized the need to enhance commercial activities to broaden trade in non-conventional markets. The FBCCI Icon hosted a meeting on Wednesday, May 17th.

President Md. Jashim Uddin pointed out that Bangladesh is still striving to increase trade beyond the conventional European and American markets. He emphasized the importance of targeting non-conventional markets such as the Middle East, Africa, and Asia. He stated that the current global geopolitical landscape presents a new window of opportunity for Bangladesh, as buyers are diversifying away from relying solely on a single market.

To capitalize on this potential, President Md. Jashim Uddin stressed the necessity of improving marketing strategies and increasing efficiency. He highlighted several sectors with immense potential in Bangladesh, including the rapidly expanding processed food industry, pharmaceuticals, electronic products, light engineering, leather and leather goods, ceramics, and plastic products. He urged the Bangladeshi ambassador to Libya to take proactive measures in expanding the market for these products in Libya.

In response, Ambassador Major General Abul Hasnat Mohammad Khairul Bashar expressed optimism about the improving security situation in Libya, which creates opportunities for renewed collaboration between Bangladesh and Libya across multiple sectors. He specifically mentioned the embassy’s focus on exporting skilled manpower to Libya.

The courtesy meeting witnessed the presence of FBCCI Vice President Md. Habib Ullah Dawn, Secretary General Mohammad Mahfuzul Hoque, Ambassador Mosud Mannan, and other attendees.

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