His Excellency the Minister of Commerce and Chairman of the General Authority of Foreign Trade Dr. Majid bin Abdullah Al-Kassabi, heads a public and private sectors delegation to the People's Republic of Bangladesh during the period 10- 11 March 2023 to enhance the cooperation between the two friendly countries.
Al-Kassabi meets with Her Excellency the Prime Minister Sheikh Hasina Wazed, His Excellency the Minister of Commerce Tipu Munshi, His Excellency the Minister of Foreign Affairs Dr. Abul kalam Abdul Momen, and Mr. Mohammed Jashim Uddin President of the Federation of Chambers of Commerce & Industries.
Al-Kassabi and the Saudi delegation participate in the Bangladesh Business Summit 2023 held in Dhaka. Aims to highlight the promotion of trade and investment in Bangladesh, bringing together business leaders, investors, policy makers, and practitioners. Also participating in the 50th anniversary celebration of the establishment of the Federation of Bangladesh Chambers of Commerce & Industries.
The delegation includes officials from Ministry of Energy, Ministry of Environment, Water & Agriculture, Ministry of Industry & Mineral Resources, Ministry of Investment, Public Investment Fund, Saudi fund for Development, Saudi EXIM Bank, National Industrial Development Center, National Center for Palms & Dates, Federation of Saudi Chambers. A number of private sector companies such as SABIC, ACWA POWER, Red Sea Gate Station Company Limited, Maaden, Al Bawani Company, Geometric Dimension, Islamic Bank of Bangladesh, Nazli Company for Hajj and Umra, ASIA HOTELS, ALHORAISH TRADING, Camel Gate for Logistics Services, Dolce Coffee, Amal Al-Hayat Real Estate, Home Table SA, Bright Line, AL-Qadi Holding Group, Nafaf Company.
The delegation will make field visit to Beiximco Industrial Park to view the experiments and the extent to which they benefit.
It is mentioned that the volume of trade exchange between the Kingdom and Bangladesh reached almost 7.6 billion Riyals for the year 2021.