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Isa Khan

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https://twitter.com/i/web/status/1450428641465274369
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Isa Khan

Isa Khan

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Bangladesh is a favourable destination for Turkish investors and the business environment, policy, regulations and overall business environment are congenial for investment, said members of a visiting Turkish delegation to Dhaka Chamber of Commerce and Industry (DCCI).

The delegation of Turkey-Bangladesh Business Council, led by its chairperson Hulya Gedik, made the remarks while meeting DCCI President Rizwan Rahman and the members of the business body's board of directors on Monday (29 November), said a press release.

Turkish Ambassador to Bangladesh Mustafa Osman Turan accompanied the 14-member business delegation.

During the meeting, DCCI President Rizwan Rahman said that in FY2020-21 Bangladesh's export to Turkey was $499.79 million. In FY2019-20 total trade with Turkey was $686.41 million out of which Bangladesh's export was $453 million against the import of $233.41 million reflecting a positive trade balance of $220.06 million in favour of Bangladesh.

He said that infrastructure, construction materials, railway, renewable energy, automobile, healthcare, medical equipment, shipbuilding, agriculture, home appliance among others are some of the potential areas for Turkish investment, the press release added.

Turkey sourced only 0.21% of its import from Bangladesh, Rizwan Rahman added.

The DCCI president also said that under Turkey's "Asia Anew" initiative, Bangladesh can be a key focus of Turkey for trade and investment, and called upon concerned authorities to utilise Turkey-Bangladesh Business Council to facilitate both-way trade and investment.

Hulya Gedik said Bangladesh is not much known to Turkish entrepreneurs due to a lack of communication and contact. She urged upon the sustainability of trade relations between Bangladesh and Turkey.

She added that the business body has opened a " Bangladesh Business Centre" in Turkey to facilitate Turkish entrepreneurs to know more about how to start a business in Bangladesh.

The Turkish Ambassador to Bangladesh Mustafa Osman Turan said Bangladesh is going to be a developed nation by 2041 and Turkey wants to be the 10th largest economy, but without partnership, these goals will not be achieved, the press release further added.

He also said that Bangladesh's ICT, pharmaceutical and light engineering sectors have good potentials to attract FDI.

Ambassador Mustafa Osman Turan Turkish added that machineries made in Turkey are almost of the same quality as Europe and America but at a cheaper rate. He said there are a few big Turkish companies that are already operating in Bangladesh and that is a sign of Bangladesh's competitiveness.

Commercial Counsellor of Turkish Embassy Kenan Kalayci said that in the last nine months the bilateral trade volume increased about 20%. He expected that the total trade between Turkey and Bangladesh would reach the mark of $2 billion soon.

www.tbsnews.net

Turkish entrepreneurs keen to invest in Bangladesh

DCCI president said that under Turkey’s “Asia Anew” initiative, Bangladesh can be a key focus of Turkey for trade and investment
www.tbsnews.net www.tbsnews.net
 
Isa Khan

Isa Khan

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Turkish Chief of Naval Staff Admiral Adnan Ozbal paid a courtesy call on Chief of Naval Staff Admiral M Shaheen Iqbal, at the Naval Headquarters in Banani on Monday.

During a courtesy call at the Naval Headquarters, Chief of Naval Staff Admiral M Shaheen Iqbal exchanged greetings with the Chief of Naval Staff of Turkey and thanked Admiral Adnan Ozbal for his visit to Bangladesh, said an ISPR press release.

At that time Admiral Shaheen referred to the bilateral relations between the two countries and stressed the need to take these relations further.

The naval chiefs of the two countries discussed various bilateral issues including enhancing mutual training activities for the development of professional skills.

It is to be noted that at the end of the visit, the Turkish Navy Chief will leave Dhaka on 1 December.

www.tbsnews.net

Turkish navy chief pays courtesy call on Admiral M Shaheen Iqbal

Turkish Chief of Naval Staff Admiral Adnan Ozbal paid a courtesy call on Chief of Naval Staff Admiral M Shaheen Iqbal, at the Naval Headquarters in Banani on Monday. During a courtesy call at the Naval Headquarters, Chief of Naval Staff Admiral M Shaheen Iqbal exchanged greetings with the Chief...
www.tbsnews.net www.tbsnews.net
 
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