Bangladesh signs $3 bln deal in E-commerce fair

UK-Bangladesh-e-Commerce-Fair_PalakDaily Dhaka Times: Bangladesh inked a total of $3 billion deals with different foreign business firms on November 13 – the inaugural day of Bangladesh-UK E-commerce Fair in London.

The agreements were signed with four United States and Singapore-based business firms at Oriental Hotel in the British capital, according to a message received in Dhaka on Friday night.

Commerce Minister Tofail Ahmed, who is now visiting the UK, inaugurated the 2-day fair at the Oriental Hotel. State Minister for Information Technology Junaid Ahmed Palak and President of the Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) Abdul Matlub Ahmad were present.

Bangladesh Hi-tech Park’s managing director Hosne Ara Begum, on behalf of the Government of Bangladesh, signed the agreements. On the other hand, Chairman of Seamark Group Iqbal Ahmed, OBE, Chief Executive of Telecom Asia Mohammad Shahfayet Alam, and Managing Director of Techshed, UK, Ltd, Sushanta Das Gupta inked the deals on behalf of their respective sides.

Singapore-based IT firm Telecom Asia’s chief executive Mohammad Shahfayet Alam said they are considering mobile payment gateway, triple play, IT and telecommunications consumer product and specialised technology park as their investment sectors.

UK Conservative Party’s lawmaker John Alan Redwood, Conservative Party MP Paul Scully, Computer Jagat CEO Abdul Wahed Tomal, the NRB Bank Chairman Iqbal Ahmed OBE and event director Rahim Mia were present, according to a news agency.

Earlier, Tofail Ahmed inaugurated the two-day ‘E-Commerce Fair’ at Oriental Hotel in London.

Conservative Party MP John Alan Redwood, Conservative Party MP Paul Scully, Computer Jagat CEO Abdul Wahed Tomal, the, and NRB Bank Chairman Iqbal Ahmed OBE, Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) president Abdul Matlub Ahmad and event director Rahim Mia also spoke the inaugural program, the release added.


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