{"id":2764,"date":"2023-09-11T09:28:36","date_gmt":"2023-09-11T05:58:36","guid":{"rendered":"https:\/\/dailyenglishtimes.com\/?p=2764"},"modified":"2023-09-11T09:28:36","modified_gmt":"2023-09-11T05:58:36","slug":"govt-trying-to-reduce-trade-gap-between-bangladesh-malaysia-commerce-secy","status":"publish","type":"post","link":"https:\/\/dailyenglishtimes.com\/?p=2764","title":{"rendered":"Govt trying to reduce trade gap between Bangladesh, Malaysia: Commerce Secy"},"content":{"rendered":"<p>Staff correspondent :<\/p>\n<p>Secretary of the Commerce Ministry Tapan Kanti Ghosh today said the government is taking steps to reduce trade gap<br \/>\nbetween Bangladesh and Malaysia by encouraging more exports there.<\/p>\n<p>&#8220;As regards to bilateral trade it is evident that Bangladesh has been<br \/>\nsuffering a chronic trade deficit with Malaysia which is growing every year.<br \/>\nWe exported goods to Malaysia worth US$ 337.81 million in 2021-2022 financial<br \/>\nyear while their exports to Bangladesh worth about $3471.5 million in the<br \/>\nsame year,&#8221; he said.<\/p>\n<p>Tapan Kanti Ghosh recently said this while speaking as the special guest at a<br \/>\nevent of the sixth Showcase Malaysia 2023 at a hotel in the city, said a<br \/>\npress release here today.<\/p>\n<p>Bangladesh-Malaysia Chamber of Commerce and Industry (BMCCI) organised the<br \/>\nshowcase.<\/p>\n<p>The programme was supported by the Malaysia External Trade Development<br \/>\nCorporation (MATRADE), Malay Chambers of Commerce Malaysia (MCCM), Dewan<br \/>\nPerniagaan Melayu Malaysia (DPMM), the Malaysia South-South Association<br \/>\n(MASSA), Bangladesh Investment Development Authority (BIDA), Bangladesh<br \/>\nEconomic Zone Authority (BEZA), the Bangladesh High Commission in Malaysia<br \/>\nand the High Commission of Malaysia in Bangladesh.<\/p>\n<p>The two-day event emphasized on a number of Seminars on contemporary issues,<br \/>\nthe BMCCI Business Excellence Awards, the modest fashion show, and the Grand<br \/>\nGala Night including showcasing Malaysian products and services.<\/p>\n<p>President of the Federation of Bangladesh Chambers of Commerce and Industries<br \/>\n(FBCCI) Mahbubul Alam was also present as the special guest while High<br \/>\nCommissioner of Malaysia in Dhaka attended the function as the guest of<br \/>\nhonour.<\/p>\n<p>Tapan Kanti Ghosh said Bangladesh Government as well as the Ministry of<br \/>\nCommerce taking steps to reduce this gap by encouraging more Bangladesh<br \/>\nexports to Malaysia.<\/p>\n<p>&#8220;Private sectors have to play a major market promotion drive. The government<br \/>\ncan undertake a proactive trade facilitation role for market promotion by the<br \/>\nprivate sectors and in market access through trade concessions and removing<br \/>\nnon-tariff barriers,&#8221; he added.<\/p>\n<p>In the beginning, Showcase Organising Committee Chairman Syed A Habib<br \/>\nwelcomed all and expressed his gratitude to all the sponsors, co-sponsors and<br \/>\nthe participants for their active presence to elevate the success of the<br \/>\nShowcase Malaysia.<\/p>\n<p>Mahbubur Rahman expressed his joy and focus on his long standing relationship<br \/>\nwith BMCCI from its inception. He wishes a grand success of the Showcase from<br \/>\nthe bottom of his heart.<\/p>\n<p>BMCCI President Syed Almas Kabir expressed his whole-hearted joy and said:<br \/>\n&#8220;Malaysia is not only the future market for our products but also our<br \/>\nstrategic partner for many reasons. I firmly believe that sixth Showcase<br \/>\nMalaysia 2023 will provide a great avenue to attract a large number of<br \/>\nbusinessmen, professionals, and visitors who are expected to achieve its<br \/>\npurpose of projecting Malaysia as the preferred destination for higher<br \/>\neducation, healthcare, ICT, tourism, automobiles, construction, building<br \/>\nmaterials, banking and financial services etc.&#8221;<\/p>\n<p>Haznah Md Hashim focused on the bilateral relation between Bangladesh and<br \/>\nMalaysia.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Staff correspondent : Secretary of the Commerce Ministry Tapan Kanti Ghosh today said the government is taking steps to reduce trade gap between Bangladesh and Malaysia by encouraging more exports there. &#8220;As regards to bilateral trade it is evident that Bangladesh has been suffering a chronic trade deficit with Malaysia which is growing every year. We exported goods to Malaysia worth US$ 337.81 million in 2021-2022 financial year while their exports to Bangladesh worth about $3471.5 million in the same year,&#8221; he said. Tapan Kanti Ghosh recently said this while<\/p>\n","protected":false},"author":1,"featured_media":2765,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"limit_modified_date":"","last_modified_date":"","rop_custom_images_group":[],"rop_custom_messages_group":[],"rop_publish_now":"initial","rop_publish_now_accounts":[],"rop_publish_now_history":[],"rop_publish_now_status":"pending","footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[14],"tags":[],"class_list":["post-2764","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business"],"jetpack_publicize_connections":[],"_links":{"self":[{"href":"https:\/\/dailyenglishtimes.com\/index.php?rest_route=\/wp\/v2\/posts\/2764","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dailyenglishtimes.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dailyenglishtimes.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dailyenglishtimes.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dailyenglishtimes.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=2764"}],"version-history":[{"count":1,"href":"https:\/\/dailyenglishtimes.com\/index.php?rest_route=\/wp\/v2\/posts\/2764\/revisions"}],"predecessor-version":[{"id":2766,"href":"https:\/\/dailyenglishtimes.com\/index.php?rest_route=\/wp\/v2\/posts\/2764\/revisions\/2766"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dailyenglishtimes.com\/index.php?rest_route=\/wp\/v2\/media\/2765"}],"wp:attachment":[{"href":"https:\/\/dailyenglishtimes.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=2764"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dailyenglishtimes.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=2764"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dailyenglishtimes.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=2764"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}