Monday, 22 Apr 2019

Bangla Version

China keen to invest in BD pharma sector

No icon Spot Light

Health Desk-- December 9, 2016: Chinese investors have shown keen interest to invest in Bangladesh's pharmaceutical sector, said Federation of Bangladesh Chamber of Commerce (FBCCI) president Abdul Matlub Ahmed on Thursday.

The FBCCI boss said this while speaking at a memorandum of understanding (MoU) signing ceremony between the FBCCI and the Chaina Council for the Promotion of International Trade (CCPIT) at the FBCCI conference room in Dhaka.

He signed the MoU on behalf of the FBCCI, while CCPIT Vice Chairman Liu Shinwen signed the MoU on behalf of CCPIT.

A business delegation from China's Shaanxi province was present at the FBCCI conference room and they held bilateral trade talks with several businessmen.

Matlub Ahmed mentioned that Bangladesh's trade volume with Shaanxi province is only US$27 million only though the country's annual trade volume with China is US$14700 million. "The business delegation have invited us to visit Shaanxi province in May next year," he said.

The apex trade body president said there are lots of scope of working with the businessmen from Shaanxi province in the country's pharmaceutical sector, because Bangladesh is now on rising trend in the sector.

Regarding the agreement, Matlub said that businessmen of both Bangladesh and Shaanxi would hold regular talks and exchange information about what Bangladesh can import and export to Shaanxi province and vice versa.

Moreover, both the countries would hold joint exhibitions and bring the businessmen of two countries closer.