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Korea-Bangladesh Chamber of Commerce and Industries (KBCCI) Formed
By Ataur Rahman
Bangladesh Correspondent
Bangladesh President Zillur Rahman addresses the newly formed Korea-Bangladesh Chamber of Commerce and Industries (KBCCI) in a Dahaka city on Feb. 3, 2010.

DHAKA, Bangladesh — President of Bangladesh Mr Zillur Rahman said here today Bangladesh and Korea as two friendly countries and that the numbers of Bangladeshi people are working in Korea and good relations are prevailing between the people of the two countries.

He called upon local and international business communities to make more investment here considering existing stable economic atmosphere of the county.

"Present Government is sincere and cordial to keep the investment friendly atmosphere and I am also assuring you about my all out cooperation in this regard," he said while inaugurating the newly formed Korea-Bangladesh Chamber of Commerce and Industries (KBCCI) in a city hotel.

President Zillur Rahman hoped that newly formed chamber would be able to make a bridge of cooperation between the business communities of Bangladesh and Korea and the trade volume between the two countries would be further increased.

He said vibrant trade and commerce is one of the elements of socio-economic advancement and pace of economic wheel of a country depends on its dynamism of trade activities.

People of Bangladesh are courageous and hard working who could stand their own feet after facing various adverse situations. he said that " Economic wheel of the country is being activated and I firmly believe desire development of the fate of people will be achieved and Bangladesh will stand boldly in the international arena."

Commerce Minister Muhammad Faruk Khan and Korean Ambassador to Bangladesh Suk-Bum Park spoke as the special guest on the occasion. KBCCI President S M Kamaluddin and Vice President M Noor Ali and Secretary General M M Israfil also spoke on the occasion.

The commerce minister said Prime Minister Sheikh Hasina is providing all kind of supports to the business community and as a result Bangladesh witnessed 11 percent export growth amid global economic recession in last fiscal year.

Mentioning that presently Bangladesh has 600 million Korean investments with 85,000 local employments as well as more than one billion dollar trade with Korea in last fiscal, the Minister hoped the newly formed chamber would help further expansion of trade and commerce between Dhaka and Seoul.

He urged the Korean entrepreneurs to invest in the country's potential sectors including infrastructure development, textile, Information Technology (IT), ship building and pharmaceuticals.

Korean Ambassador Suk-Bum Park said the new chamber would be act as a platform for increasing economic cooperation between Bangladesh and Korea.

A good number of Bangladeshi and Korean entrepreneurs were present during the inaugural ceremony.

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Mr. Ataur Rahman serves as Bangladesh Correspondent for The Seoul Times. He earned his Master of Commerce degree from Dhaka University in 1985. Mr. Rahman has vast journalistic experience including his stints at "The Daily Janata" and "The Dainik Bangla."






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