Commercial counsellors at foreign missions to help diversify exports
The foreign ministry and FBCCI have agreed to bolster collaboration on expanding the country's export opportunities, diversifying exports and seeking out new markets.
The decision was taken at a meeting between Foreign Secretary Masud Bin Momen and FBCCI President Mahbubul Alam at the FBCCI headquarters in the capital on Monday.
The FBCCI chief said government-appointed commercial counsellors at different foreign missions across the world can help diversify exports by promoting different products alongside ready-made garments. Foreign missions can also provide information on the demand of different products in different countries to help businesses expand exports.
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The FBCCI chief stressed on trade expansion in regional blocs like Bimstec by arranging trade fairs, business forums and forming cross-boundary joint business chambers in member countries.
He also outlined plans to soon arrange the "best products of Bangladesh expo" in Mumbai, India.
The foreign secretary flagged risks in concentrating export earnings on a limited number of products. Businesses have to come forward to diversify export products and the foreign ministry would provide the necessary support in this regard, he said. The ministry is already engaged in searching new market potentials, Masud added.
Masud emphasised on the need to bolster cooperation between businessmen and government officials. He asked businessmen to submit specific proposals on how commercial counsellors appointed in different countries can help expand the country's export potentials.
