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Riyadh-Dhaka relations reach new stature evolving economic ties

Largest ever DCCI team heads off to Saudi Arabia


Published : 26 Oct 2023 08:49 PM

The 5 decade-long diplomatic relationship of Kingdom of Saudi Arabia (KSA) and Bangladesh has reached into a new stature featured by evolving and trusted economic ties. 

It is worth mentioning that the economic relation has ascended to unprecedented height encompassing a substantial trade of nearly USD 2 billion - with increasing trade and investment cooperation in diverse sectors. 

To further this strong bilateral economic relationship between KSA and Bangladesh, the largest private business delegation in recent years to KSA has been organized by the Dhaka Chamber of Commerce and Industry (DCCI) under the leadership of its President Barrister Sameer Sattar.  

DCCI President Barrister Sameer Sattar is going to head one of the largest 61-member private business delegation to Saudi Arabia from 29th October to 2nd November, 2023 in line with the national priority of our much-needed economic diplomacy of the Government of Bangladesh. 

The Kingdom of Saudi Arabia, has set its transformational “Saudi vision 2030” initiative for new and advanced Saudi Arabia while Bangladesh also envisions to graduate into an Upper Middle-income country by 2031 followed by a knowledge based and smart developed economy by 2041. 

During this trip, the DCCI anticipates high-level discussion and B2B sessions with key and prominent trade bodies in KSA including the Riyadh Chamber, Makkah Chamber and Madinah Chamber to confer the bilateral economic agenda towards a win-win and mutually beneficial economic relations. 

The delegation will leave Dhaka for Saudi Arabia on 28 October, 2023.