Spanish technology & experience can help modernize Bangladesh’s agro-processing sector: Envoy
Apart from RMG products, Bangladeshi footwear, carpet and floor covering, jute goods, bicycle, plastic, consumer goods, dairy products also have huge potential to be exported to Spain, opined the DCCI president
Bangladesh can use Spanish experience and technological know-how to improve its agro-processing sector as Spain holds the top position in producing agricultural products and in the agro-processing business, said Francisco de Asís Benítez Salas, Ambassador of Spain in Bangladesh.
The Spanish official made this remark while calling on President of Dhaka Chamber of Commerce and Industry (DCCI) Rizwan Rahman on Monday at the DCCI situated in the capital.
Francisco also proposed to use their experience and knowledge to preserve the historic and heritage sites in Bangladesh so that Bangladesh can attract more tourists from home and abroad, said a press release.
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In his welcome remarks, DCCI President Rizwan Rahman said that the bilateral trade between Bangladesh and Spain was $2.37 billion in FY2019-20, of which Bangladesh's export and import were $2.19 billion and $177.98 million, respectively.
Export from Bangladesh to Spain is heavily concentrated on our RMG products, but Bangladeshi footwear, carpet & floor covering, jute goods, bicycle, plastic, consumer goods, dairy products also have huge potential to be exported to Spain, opined the DCCI president.
He further urged Spanish entrepreneurs to invest in infrastructure, railways, healthcare, agro machinery and agro-product processing, tourism, IT & ITES, Automotive and API (Active Pharmaceutical Ingredient) sectors of Bangladesh.
Ambassador Francisco mentioned that Bangladesh has made tremendous economic progress in recent years, which is a role model for the rest of the world.
There is a huge scope to improve bilateral trade between the two countries, and Spanish entrepreneurs can invest in tourism, infrastructure, railways, health care, and automotive in Bangladesh, opined the Spanish envoy.
DCCI's Senior Vice President N K A Mobin, FCS, FCA Vice President Monowar Hossain, and Commercial Counselor of Spanish Embassy Francisco Javier Yepes also attended the meeting.
