Business community urged to cooperate in FTA signing with Malaysia

Commerce Minister Tipu Munshi has urged the country's business community to cooperate with the government for signing the Free Trade Agreement (FTA) with Malaysia.

"The signing of the FTA with Malaysia requires the sincere cooperation of the business community. Talks on signing the FTA with Malaysia are far ahead," he said.

The commerce minister said this while speaking as the chief guest at a business launching meeting on ‘Opportunities and Challenges of FTA for Bangladesh’ in city’s Gulsan Club, reports BSS.

Bangladesh Malaysia Chamber of Commerce and Industry (BMCCI) organised the meeting in conjunction with the '20th Anniversary Celebration of BMCCI'.

BMCCI President Raquib Mohammad Fakhrul delivered the introductory remarks while Executive Director of the CPD Dr Fahmida Khatun presented the key notepaper.

Chairman of the '20th Anniversary Celebration of BMCCI' organising committee Syed Almas Kabir delivered the welcome speech.

In his speech, Tipu said Bangladesh has already graduated from the Least developed countries (LDCs).

"Now we have to compete with the advanced world and move ahead in business. We need to be prepared to face the challenges of graduation. We don't have much time. We have started the work by listing the priorities for this," the minister added.

BMCCI president laid emphasis on exploring potentiality considering the present economic scenario through establishing a bilateral alliance.

BMCCI will expand trade and economic interaction for the benefit of, not only Bangladesh and Malaysia but also of its trade partners, he informed.