Kuwait Chamber Explores Strengthening Trade Cooperation with Bangladesh

The Kuwait Chamber of Commerce and Industry held a virtual meeting with a trade delegation from the People’s Republic of Bangladesh, led by Bangladesh’s Ambassador to Kuwait, Major General Syed Hussain, and attended by Mohammad Fazlul Haque, Director of the Federation of Bangladesh Chambers of Commerce and Industry.

In his welcome address, Emad Al-Zaid, Deputy General Manager of the Kuwait Chamber of Commerce and Industry, emphasized the Chamber’s commitment to supporting economic cooperation between the two countries, opening new horizons for the private sector, and enhancing communication between Kuwaiti importers and exporters and Bangladeshi producers in several key sectors, including ceramics, clothing and textiles, leather goods, handicrafts, pharmaceuticals, plastics, and food industries.

For his part, Fazlul Haque presented, through a visual presentation, indicators of bilateral trade, as well as the key economic and productive assets of Bangladesh, including the diversity of its products and export markets and its infrastructure. Ambassador Hussain highlighted the main trade opportunities available to the Kuwaiti business sector, stressing the importance of leveraging existing agreements and protocols to strengthen partnerships between companies in both countries.

During the meeting, Al-Zaid reaffirmed the Chamber’s continued engagement and coordination among relevant parties, and its efforts to facilitate the exchange of market-related information, serving shared economic interests and contributing to fulfilling the aspirations of the private sector in both countries.

The floor was then opened for discussion on industrial and trade cooperation opportunities. One Bangladeshi businessman noted the availability of factories and skilled labor in Bangladesh, explaining that his factory imports approximately two million tons of plastic materials for reprocessing and export.

Al-Zaid confirmed that the Chamber would take these proposals into consideration and disseminate them to its interested members.

The meeting concluded with expressions of hope that the discussions would yield fruitful trade and investment partnerships benefiting the economies of both countries.