Trade Expansion Dialogue hosted by ABBC in Sydney

Australia Bangladesh Business Council, called ABBC is a short name for it: committed to moving forward with effective membership and efficient leadership, the organization organized a discussion and exchange program on the opportunities and challenges of bilateral trade between Australia and Bangladesh. The senior Secretary and High Commissioner participated in it.

Australia Bangladesh Business Council (ABBC) organized an exchange event on “Current Opportunities and Challenges in Bilateral Trade between Bangladesh and Australia”. The event was held on February 16 at the five-star hotel, Hilton Sydney. Mr. Tapan Kanti Ghosh, Senior Secretary, of the Bangladesh Ministry of Commerce participated in the event.

Bangladeshi businessmen, industrialists, policymakers, and business leaders living in Australia have expressed their views on increasing trade relations between the two countries.

The Secretary highlighted the various facilities available for the expansion of bilateral trade between Bangladesh and Australia. He emphasized the importance of cooperation and partnership in unlocking the full potential of bilateral trade between the countries. Speakers on the other hand gave their valuable input on various aspects of bilateral trade potential, economic opportunities, regulatory framework, digital innovation, climate change, and sustainability.

High Commissioner of Bangladesh M. Allama Siddiqui said Bangladesh is an ideal investment destination, with a young and educated population that is also tech-savvy. Bruce Sawyer, Assistant Secretary of the Indian Ocean and South Asia Maritime Branch of the Australian Department of Foreign Affairs and Trade, and Ian Lincoln, President of the Australian Institute of International Affairs, NSW, also participated in the exchange meeting.

ABCC Chairperson Faiz Dewan said, “We were greatly encouraged by the deep insights and constructive discussions during the event. By fostering dialogue and collaboration, we aim to achieve tangible results that will benefit the businesses and economies of both Bangladesh and Australia.”