BMCCI Delegations Met with the New High Commissioner of Malaysia
The Bangladesh-Malaysia Chamber of Commerce and Industry (BMCCI) held an introductory meeting with His Excellency, the new High Commissioner of Malaysia. The President of BMCCI proudly placed His Excellency with the official BMCCI coat pin and warmly congratulating him as the Chief Patron of the Chamber.
In his opening remarks, the President highlighted BMCCI’s ongoing efforts to reduce the trade gap and promote investments between Bangladesh and Malaysia. He emphasized the importance of the High Commission’s patronage in expanding business initiatives across both regions. The President noted that both the High Commission and BMCCI strongly advocate for a Bilateral Free Trade Agreement (FTA) between the two countries, expressing optimism that this can be formalized during His Excellency’s tenure. He also highlighted the importance of including the service sector in the FTA as a crucial step toward narrowing the trade gap. BMCCI
President fervently requested the establishment of MATRADE’s commercial office in Dhaka. He believes this initiative would serve as vital steps between the two countries, potentially leading to a vibrant increasement in trade and investment.
The discussion also focused on the current surge in the semiconductor industry, where BMCCI has played a crucial role since 2022. The President shared that BMCCI had organized two delegations to Malaysia, comprising leaders from the Bangladeshi semiconductor sector, to engage with Malaysian semiconductor leaders and associations for technology transfer and collaboration. He highlighted Bangladesh’s strengths in design and Malaysia’s leadership in testing and packaging noting the potential for both-way synergy. The President also reflected on the longstanding positive relations with Malaysian stakeholders and expressed hope for even warmer ties during His Excellency’s tenure.
Acknowledging the activity of BMCCI, His Excellency expressed appreciation for the visit to the BMCCI delegation. The High Commissioner affirmed his commitment to maintaining robust relations with Bangladesh and the business community, with a focus on minimizing the trade gap. His Excellency also recognized the support provided by BMCCI to his predecessor and sought the Chamber’s continued assistance in his future initiatives. He underscored his priorities of fostering investment in Bangladesh and bridging the trade gap between the two nations.
His Excellency also believes there are substantial opportunities across various sectors for Malaysian investment in Bangladesh. During the meeting, the High Commissioner expressed gratitude to the BMCCI delegation for addressing critical business concerns and acknowledging the efforts made by BMCCI in enhancing bilateral trade.
The meeting ended with a vote of thanks from Secretary General Md. Motaher Hoshan Khan, where he reaffirmed BMCCI’s commitment in fostering a business-friendly environment and enhancing economic cooperation between Bangladesh and Malaysia.
