The High Commissioner of Bangladesh to Nigeria, Mr. Md Shameem Ahsan on Saturday, November 9, 2019, held an interactive session with business and trade leaders, academics, Civil Societies, Media and Bangladesh Community in Lagos.
The interactive session was to brief the invited guests on Bangladesh, its development journey, policies and priorities of the Government, as well as the prospects and potentials in bilateral relations between Bangladesh and Nigeria.
Speaking at the session, the High Commissioner stated that Bangladesh is the second largest garment producers after China, adding that the country, although small, also produces world-class pharmaceuticals, and the largest grower, producer and exporter of jute and jute bags in the world.
He stated that Bangladesh, a country of 165 million people, is the 8th largest population in the world.
According to him, “Bangladesh is moving ahead, despite the fact that it is a small country in terms of geographical size, it is moving fast as it grew by 7.86% in the last fiscal year”.
He revealed that the trade volume between Nigeria and Bangladesh is insignificant, adding that they are working with Nigeria to increase trade and see that both countries engage themselves in trade.
On the reason for the low-level of trade volume, he pointed out that many Nigerians are not familiar with Bangladesh, which is why Bangladesh is engaging in public diplomacy and other activities to create a better understanding between the two countries.
“The purpose of the meeting is to make Bangladesh familiar to Nigerians and the aim is to create better understanding and dispel misperception,” he emphasized.
Also Speaking, the President, Lagos Chamber of Commerce and Industry (LCCI) Babatunde Ruwase, said that Nigeria and Bangladesh partnership has not gathered much momentum in recent years, as both countries are not among each others five trading partners, adding that a lot needs to be done by both partners so as to grow.
In his words, “It is good for us to use the platform of the Chamber to promote businesses and government should provide platforms for business men to talk to themselves”.
He also said that while export-led policies has helped Bangladesh to rank among the world’s growing economies, Nigeria is keen to improve her own economy.
The President while urging businessmen to invest in Agriculture, pharmaceuticals, ICT and more, said that the LCCI does not encourage taking raw material outside Nigeria.
“Lagos Chamber of Commerce and Industry will not relent in checkmating government through advocacy programs, ” he concluded.
Also, the Publisher, NewsDotAfrica, Mr. Oru Leonard advised Nigeria to enter into currency swap with Bangladesh, learn about their developmental strides and also do business with the country.
The guests were treated to a dinner and Bangladesh cuisines were served.