Home Diplomatic News Bangladesh-Netherlands trade and investments get renewed boost

Bangladesh-Netherlands trade and investments get renewed boost

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In the picture, the Ambassador of Bangladesh to the Netherlands, H.E Sheikh Mohammed Belal.

The business and investment relations between Bangladesh and the Netherlands got a renewed boost following the first-ever single country trade fair being held on 28-29 September 2016 in Amsterdam, the Netherlands.

The Dutch Bangla Chamber of Commerce and Industry (DBCCI), in partnership with the Embassy of Bangladesh in The Hague, is organizing the trade fair “Dutch-Bangla EXPO 2016” at the RAI Amsterdam. The Expo is showcasing business and investment prowess of Bangladesh as well as sharing her story of “development surprise” with the individuals, partners, businesses and investors in the Netherlands.

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Bangladesh Finance Minister Abul Maal A. Muhith inaugurated the fair in the morning on 28 September 2016 as the Chief Guest. Representatives from the government of the Netherlands, Ambassadors of Saudi Arabia, Indonesia, Sri Lanka and UAE and other members of diplomatic corps, business representatives from both Bangladesh and the Netherlands joined the inaugural ceremony.

A select group of companies, covering major fields of the Bangladesh economy including RMG, textiles, leather, jute, water, ICT, etc., are exhibiting their products at the Expo. A seminar on business and investment opportunities in Bangladesh was also held highlighting trade and investment opportunities in the country.

Minister Muhith, highlighting the ongoing development spree in the country, invited Dutch businesses and investors to visit Bangladesh.

Elaborating of government’s host of development projects including ports development, new export processing zones and special economic zones, initiatives under “Digital Bangladesh 2021”, Bangladesh Minister reiterated that Bangladesh is not only enjoying exciting economic growth because of ongoing regional connectivity initiatives, Bangladesh is ready to become a gateway to whole of South Asia and South East Asia.

The Expo is being patronized by the Prime Minister’s Office, Dhaka and Bangladesh Investment Development Authority and supported by the Embassy of the Kingdom of the Netherlands in Dhaka. The Expo is offering an outstanding opportunity to meet, discuss and start or renew the Dutch business with Bangladesh.

Bangladesh-the Netherlands relations took a new boost following the visit of  Prime Minister Sheikh Hasina to the Netherlands in November 2015 at the invitation of her Dutch counterpart. As a result, host of new initiatives have been unrolled while reinvigorating the existing one.

As a testimony to this upsurge in their bilateral relations, Dutch Minister for Foreign Trade and Development Cooperation Ms. Lilianne Ploumen is visiting Bangladesh, for the fourth time in a row, each year, when Bangladesh Minister for Finance Abul Maal A. Muhith is visiting the Netherlands.

Minister Muhith is also joined by a 40-member business delegation from Bangladesh. The Fair will continue today 29 September 2016 along with networking sessions on the sidelines.

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Photography by the Embassy of Bangladesh.

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