Wednesday, December 25

BD to join Asian Business Forum in Morocco

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The Financial Express

Talha Bin Habib

A high-powered Bangladeshi delegation will leave for Morocco to join the first-ever Asian Business Forum and Expo there on March 15-16 to increase export growth and boost uptrade and investment between the two countries.

“A Bangladeshi delegation, headed by an additional secretary, will join the forum in Rabat. The team will find out ways to increase export to Morocco, and enhance bilateral trade and investment between the countries,” a high official of the Ministry of Commerce told the FE.

He said the conference would focus on boostingtrade and investment between Asia and Africa, since the two continents have immense potentials to be explored.

During the forum, members of the Bangladesh delegation would address the conference on selected topics. Besides, business and official meetings between Bangladesh and Morocco would also be held.

The forum will be jointly organised by the Diplomatic Foundation and the Ministry of the Foreign Affairs and Cooperation of Morocco.

The forum will have two events – a conference and an exhibition. The organising committee, during the forum, will suggest discussions on various selective areas, like heavy industries, energy and renewable energy, services, construction and transport.

Four sessions will take place in the conference to find out ways to address a variety of issues for public and private operators regarding scopes of economic and social development between Morocco and Asia.

The first session will discuss about the future cooperation between Asia and Africa. The second session will focus on opportunities of business between Asia and Africa, whereas the third session will be on economic incentives. The last one will highlight on strategic alliances and sharing of experiences.

The programme will also try to identify some recommendations to initiate a new kind of south-south partnership with Asia within the financial and social perspectives of Africa.

There will be a roundtable, in which participating countries would identify ways to ensure a harmonious development of Morocco in its interaction with the Asian countries.

The export from Bangladesh to Morocco recorded 41 per cent growth in the 2010-11 fiscal year. Bangladesh exported goods worth US$22.928 billion to Morocco and imported goods to the tune of $31.952 billion during the period.

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