Nordic Chamber, DI signs MoU on economic cooperation

A Memorandum of Understanding (MoU) on Business, Trade and Economic cooperation activities between the Nordic Chamber of Commerce and Industry in Bangladesh (NCCI) and the Confederation of Danish Industry (DI) was signed on January 13, 2017 in Copenhagen.

The MoU was signed by NCCI President Shamim Ul Huq and DI Deputy Director Peter Thagesen. Also present at the event were the Ambassador of Bangladesh in Denmark, H.E. 18-_DSC5215Muhammad Abdul Muhith, Ib Albertsen from IFU and Søren Robenhagen, Commercial Counselor at the Royal Danish Embassy in Dhaka.

Desirous of strengthening reciprocal business and commercial relations, NCCI and DI have entered into this MoU with the shared purpose of encouraging, promoting and facilitating economic cooperation among the respective business communities of Bangladesh and Denmark. The goal is to establish a framework for the development of stronger business relations between the two nations, and to set forth the procedures for cooperation which can enhance the implementation of mutual economic objectives.

This agreement will not only be seen as a platform to build and strengthen professional ties between representatives of both Organizations but the cooperation will also be an important forum for the exchange of information, experience, knowledge and best practices between Bangladesh and Denmark.

The Confederation of Danish Industry (DI) is a private organization funded, owned and managed entirely by 10,000 companies within manufacturing, trade and service industry with the aim to provide the best possible corporate conditions for Danish industry. The Nordic Chamber of Commerce and Industry in Bangladesh (NCCI) was founded in 2010 as a joint initiative of the Nordic Companies and Embassies in Bangladesh. The overall objective of NCCI is firstly to create a strong network and unified voice for Nordic Companies operating in Bangladesh. The Chamber also works to promote Bangladesh as an ideal destination for Nordic investments.