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Georgians urged to invest in Bangladesh thru SEZ [ Business ] 13/09/2017
Georgians urged to invest in Bangladesh thru SEZ
The Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) invited the Georgian business community to invest in Bangladesh through establishing a Special Economic Zone for Georgia.

FBCCI President Md. Shafiul Islam Mohiuddin made the appeal at a discussion meeting between Georgian delegation and FBCCI business leaders at FBCCI auditorium in Dhaka on Tuesday.

Shafiul Islam Mohiuddin invited the Georgian Business Community to establish a Special Economic Zone (SEZ) in Bangladesh for Georgia like China and India where they can invest.

Mentioning about various tax-related exemptions like ‘tax holiday’ and ‘duty free facility’ he said that export-oriented industries in Bangladesh enjoy all the facilities adding that the Georgian investors can also take these opportunities.
Georgian Foreign Affairs Deputy Minister David Jalagania led the delegation at the meeting which was presided over by FBCCI President Md. Shafiul Islam Mohiuddin.

Georgian Ambassador to Bangladesh Archil Dzuliashvili Georgian Foreign Affairs Ministry Asian Countries Division Head Nana Gaprindashvili, FBCCI First Vice President Sheikh Fazle Fahim, Vice President Md. Muntakim Ashraf and the Directors of FBCCI were also present at the meeting.

FBCCI President Shafiul Islam Mohiuddin briefed the delegation on the current economic development of the country.  He mentioned that Bangladesh has developed hugely in infrastructure, power communication and some other sectors. The FBCCI President mentioned that Bangladesh has achieved consistent GDP growth of over 6 percent during the last couple of years and received above 7.24 percent GDP growth in the last year.

The FBCCI chief also mentioned about the government announced a very liberal and lucrative policy for investment especially in the country’s Economic Zones.

David Jalagania appreciated the country’s economic development and expressed his gratitude to government as well as members of FBCCI for inviting them in Bangladesh. He also expressed his government and the Georgian Chamber of Commerce and Industry thankfulness to the people of the country. The deputy Minister mentioned that, though the bilateral trade between Georgia and Bangladesh is unmentionable, a new door of business can be opened after signing the Memorandum of Understanding (MoU).

Jalagania also expressed his sincere interest to reach the business relation to a new level. The Georgian Minister also emphasized on direct flight between Dhaka and Tbilisi. He also stressed the need for working together for the wellbeing of the future generation.

Georgian Ambassador to Bangladesh Archil Dzuliashvili and Honorary Consul of Georgia in Bangladesh Riad Mahmud also spoke on the occasion. FBCCI director Shomi Kaiser and Secretary General Mir Shahabuddin Mohammad also took part in the discussion.

A Memorandum of Understanding (MoU) between FBCCI and the Georgian Chamber of Commmerce and Industry (GCCI) was signed after the discussion.

Georgian Foreign Affairs deputy Minister David Jalagania and FBCCI President Shafiul Islam Mohiuddin signed the memorandum on behalf of their respective organisations.
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