Federation of Bangladesh Chambers of Commerce and Industries (FBCCI) signed a memorandum of understanding (MoU) on Sunday with the United States Department of Agriculture (USDA)-funded Bangladesh Trade Facilitation (BTF) project to explore the potential of exporting Bangladeshi agri products, fish and processed commodities in the global market.
FBCCI President Md Jashim Uddin and BTF project director Michael J Parr signed the MoU on behalf of the respective parties.
In his speech, Md Jashim Uddin said that despite having huge potential, Bangladesh has failed to grab its share in the mainstream global agri and processed items market due to a lack of an international standard. The MoU would help develop the regular cooperation between BTF and FBCCI, leading to the export and diversification of the agri products in Bangladesh, ensuring safety and quality of the imported food items, and playing an effective role in improving the institutions for commercialisation of agriculture.
In his comment, Michael J Parr said that the MoU would play a role in increasing the export of Bangladeshi agri products in the global mainstream market through the exchange of agriculture related information.
