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FBCCI wishes to strengthen its commercial ties with Brazil

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Personal correspondent: The Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) wants to develop broader business relations with Brazil, the largest economy in Latin America.
As part of this initiative, the country’s apex trade body signed two memorandums of understanding with the Rio de Janeiro Chamber of Commerce and Industry and the Sao Paulo Chamber of Commerce; two of the most influential business organizations in the country.
FBCCI Chairman, Md. Jashim Uddin, on behalf of FBCCI, signed the MoUs during the visit to Brazil as an entourage of Minister of State for Foreign Affairs, Md. ShahriarAlam, said the trade body yesterday.
The signing between the Chamber of Commerce and Industry of Rio de Janeiro and the FBCCI took place in Rio de Janeiro, the second capital of Brazil, on July 20, and the Chamber of Commerce of Sao Paulo signed the memorandum of agreement in Sao Paulo, the country’s port city, on July 21. .
State Minister Shahriar Alam, Bangladesh Ambassador to Brazil Sadia Faizunnesa and President of the Brazil-Bangladesh Chamber of Commerce Shahriar Ahmed also attended the MoU signing ceremonies.
Previously, the FBCCI president held talks with Apex Brazil, the country’s Trade and Investment Development Agency and the main industry representative organization, the National Confederation of Industry (CNI).
Issues related to bilateral trade and investment potentials, challenges and the way forward were discussed during the meetings.
The FBCCI chairman expects the visit to facilitate delegation exchanges in the future and strengthen bilateral business relations.
“Bangladesh must now explore and develop new markets. The diversification of export baskets has become essential. Therefore, establishing trade ties with Brazil, the 10th largest economy in the world, will add new dimensions to Bangladesh’s export earnings, as well as help expand its footprint in other South American countries. “, he added.

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