DHAKA, May 17, 2023 (BSS) - Federation of Bangladesh Chambers of Commerce and 
Industry (FBCCI) President Md. Jashim Uddin today said that it is essential 
to strengthen commercial activities in order to expand trade in the non-
conventional markets.
 
He made the remarks when the newly-appointed Bangladeshi Ambassador to Libya 
Major General Abul Hasnat Mohammad Khairul Bashar met him at the FBCCI Icon 
in the capital today, said a press release here. 

The apex trade body head said Bangladesh is still lagging behind in expanding 
trade to other regions of the world outside the conventional markets of 
Europe and America. "Initiatives should be taken to capture non-conventional 
markets like the Middle East, Africa and Asia," he added.

Global geopolitical context has opened up a new door of opportunity for 
Bangladesh as buyers are moving away from single-market dependence, Jashim 
said, adding: "Bangladesh should increase its efficiency in marketing 
strategy to utilize this potential."

Highlighting the potential sectors of the country, he said that the processed 
food industry is expanding rapidly. Besides this, 
pharmaceuticals, electronic products, light engineering, leather and leather 
goods, ceramics and plastic products have huge potential.

The FBCCI president also urged the Ambassador to take initiatives in 
expanding the market of these products in Libya.

The newly-appointed Ambassador Major General Abul Hasnat Mohammad Khairul 
Bashar said the law and order situation in Libya is now gradually improving. 
"So, there is scope for Bangladesh to work again with Libya in several 
sectors. The embassy will work on exporting skilled manpower to Libya," he 
added. 

FBCCI Vice-President Md. Habib Ullah Dawn, its Secretary General Mohammad 
Mahfuzul Hoque and Ambassador Mosud Mannan were present, among others, on the 
occasion.