Clicky
Business

Visit by KBCCI team helps boost Dhaka-Seoul ties

Two strategic MoUs inked


Published : 19 Sep 2024 09:17 PM

The Korea-Bangladesh Chamber of Commerce & Industry (KBCCI) has completed a five-day delegation visit to Korea, led by Ambassador of Korea to Bangladesh Park Young-sik.  The delegation, held from September 9 to 13, 2024, included key figures such as Shahab Uddin Khan, President of KBCCI; Advisor Mostafa Kamal; CEO Do Kee Park (Harry); and Board Members Chaitanya Kumar Dey Chayan and Shameem Ahsan Khan.

During the visit, KBCCI signed two pivotal Memoranda of Understanding (MoU) in Seoul. 

The first, with the Korea Packaging Association (KOPA) on September 10, 2024, focuses on establishing a framework for collaboration in the packaging industries of both nations. 

The second, signed with the Korea Importers Association (KOIMA) on September 12, 2024, aims to enhance bilateral foreign trade. Both agreements include provisions for knowledge exchange, technological transfer, joint ventures, and direct investment, highlighting the mutual commitment to fostering growth in key industries.

Additionally, KBCCI engaged in crucial discussions with the Federation of Korean Industries (FKI) and the Korea International Cooperation Agency (KOICA), addressing potential collaborations in sectors such as manufacturing, vocational training, education, health, agriculture, and shipbuilding.

This delegation marks a milestone in strengthening the economic and trade relationship between Bangladesh and Korea.