The Commonwealth offers Bangladeshi businesses 56 countries to explore

Dhaka, Bangladesh || Friday, 1 May 2026 || 17 Boishakh 1433

HEADLINE:

How Uranium Will Generate Electricity at Rooppur Nuclear Power Plant PM urges MPs to raise public awareness to tackle waterlogging Zalmi chairman thanks BCB for clearing Rana for PSL final Iran’s Guards seize wartime power, blunting Supreme Leader's role Japan airport to test humanoid robots as ground handlers Budget 2026–27: Strong Demand to Declare Elevator Sector as Capital Machinery Govt adopts specific plans to ensure justice for poor: PM

How Uranium Will Generate Electricity at Rooppur Nuclear Power Plant

With nuclear fuel loading beginning at the first unit

Michael moonwalks to $217m opening weekend, shattering box office records for a biopic

Michael, the big-budget Michael Jackson biopic, has shrugged off

Which countries generated the most solar power in 2025?

Global solar power generation reached a record high of

Beyond the beautiful game: The bizarre beliefs that rule the World Cup

Football is a blend of skill and tactical precision,

The Commonwealth offers Bangladeshi businesses 56 countries to explore

Peoples Time Desk

Published : Sunday, 11 June, 2023 at 6:31 PM, Count : 1427

The Commonwealth offers Bangladeshi businesses 56 countries to explore

Lord Swire KCMG, member of the House of Lords of the United Kingdom and deputy chairman of the Commonwealth Enterprise and Investment Council (CWEIC) said that the Commonwealth is an amazing opportunity for Bangladeshi companies to explore 56 countries of untapped potential and limitless possibilities.

He was speaking at the pre-event press conference on the CTIF, jointly organized by the Commonwealth Enterprise and Investment Council (CWEIC) in partnership with the Bangladesh Investment Development Authority (Bida), Ministry of Foreign Affairs and ZI Foundation in the capital on Sunday.

The Prime Minister's Private Industry and Investment Adviser Salman F Rahman said the Commonwealth Trade and Investment Forum (CTIF) will help Bangladesh in sharing views with the participating countries regarding the issues that may arise after graduating from the LDC.

Speaking as the chief guest, also said that these kinds of events with international business partners will help Bangladesh by providing an advantage regarding idea sharing and understanding the experiences.

“It will give policymakers good suggestions and directions to take policy decisions. Moreover, it will also give us a huge opportunity to exchange views on how other countries are facing the crisis,” he added.

This is the first-ever Commonwealth Trade and Investment Forum organized in Bangladesh, which is going to be held on September 13-14, 2023 in Dhaka.

The forum was previously organized in other member states of the Commonwealth such as the United Kingdom, Singapore, Kenya, Rwanda, Malta and other countries.

Salman F Rahman also said that this is going to be an important event to showcase the tremendous changes Bangladesh achieved in the last 14 years under the leadership of Prime Minister Sheikh Hasina regarding the GDP, which was $91.6 billion in 2008 and $460.2 billion in 2022.

“We are an active participant and partner of the Commonwealth. Our trade is increasing gradually and there are vast potentials. Commonwealth members include large African economies like South Africa, Nigeria and Kenya, and booming economies like India, Singapore and Malaysia. Even Canada is also a member of the Commonwealth,” he added.

He also said, if the business communities of all these member countries work together, it will be a win-win situation for all.

Responding to another question, he said that this is a new Bangladesh with improved infrastructure, developed traffic issues and 100 special economic zones (SEZ).

In his speech, State Minister for Foreign Affairs Shahriar Alam said that Bangladesh is now an icon of development with numerous opportunities for investors including reduced interest rates, ease of doing business, infrastructure and uninterrupted power supply.

Responding to a question, he said that like the European Union (EU), they hope that the UK will also treat Bangladesh well in the post-LDC era.

Lokman Hossain Miah, executive chairman of the Bida said that Bangladesh is providing significant opportunities to the investors.

This event will be a platform for sharing ideas and knowledge by showcasing multi-billion-dollar investment opportunities in the sectors like RMG, textile, food, IT, IoT, agriculture and engineering, he added.

“Bangladesh is ready to receive FDI with 100 SEZ, OSS, and other services,” he added.

In his opening remarks, Zillur Hussain MBE, strategic advisor, Bangladesh of CEIC said that heads of the states, political and business leaders of the Commonwealth members will be attending the CITF.

The forum will offer a platform for promoting trade, investment and economic growth. It aims to foster partnerships, promote innovation and explore avenues for sustainable and inclusive economic development for Bangladesh, he added.

Responding to a question, he said that they have invited all the countries of the Commonwealth and they are expecting the state heads or ministers or representatives from the member countries to attend the event.

« Previous