FBCCI, Nepal's apex trade body plan jt business council
Star Business Report
Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) and Federation of Nepalese Chambers of Commerce and Industry (FNCCI) may sign a memorandum of understanding (MoU) in January for setting up a joint business council.This was disclosed at a meeting between FBCCI President Abdul Awal Mintoo, FNCCI President Binod Bahadur Shrestha and Nepal Ambassador to Bangladesh Vhagirath Basnet in Dhaka yesterday. Both the presidents of FBCCI and FNCCI emphasised to sign the MoU for setting up the joint business council, said a press release. Shrestha requested the FBCCI president to take necessary initiatives to expand trade between the two countries. Speaking at the meeting, Basnet showed keen interest about Bangladeshi products and said hat the volume of export from Bangladesh specially jute products are increasing every year. Abdul Awal Mintoo mentioned less-interaction between the business communities of the two countries is the main obstacle to the growth of business. The FBCCI president also expressed his interest to talk free trade agreement between the neighbours.
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