C’wealth forum can up BD-Australia trade
May 18, 2011
The upcoming commonwealth business forum (CBF) can help raise trade volume between Bangladesh and Australia, Australian High Commissioner to Dhaka Dr Justin Lee said. The three-day forum will be held in Perth in Australia from October 25 where government officials, business leaders, civil society members and youth community from commonwealth nations will participate on the theme “Partnering from Global Growth: The Commonwealth, Indian Ocean and the Pacific Rim.” “Trade volume between Australia and Bangladesh is now US$ 725 million. The event can help Bangladesh increase the figure to one billion or much more as lots of opportunities are to be made by the meeting,” the envoy said during the launching of the event. Bangladesh Enterprise Institute (BEI) Tuesday arranged the launching of the “Commonwealth Business Forum, Perth 2011” at its new office in Gulshan-2 where business leaders and entrepreneurs were present. BEI vice president Humayun Kabir moderated the function. The high commissioner termed the forum’s meeting as a major and significant one and urged Bangladeshi participants to take part in the gathering as it highlights new global economic partnerships for trade and investment in key sectors across the commonwealth and beyond. Arif Zaman, adviser, South Asia and Corporate Governance of Commonwealth Business Council said the key objectives of the event were to raise awareness about commonwealth by highlighting opportunities for involvement in the CBF and to support bilateral relationships and economic links between Bangladesh and commonwealth countries.