The New Nation - Internet Edition

UNB, Dhaka

Bangladesh will set up a commercial wing in South Korea to expand trade relations with the rich Asian country.

Besides, the government also considers widening the scope of work of the Bangladesh Embassy in South Korea.

Commerce and Education Adviser Dr Hossain Zillur Rahman disclosed this when South Korean Ambassador Suk-Bum Park met him at his office here yesterday.

Thanking the Korean government for playing a vital role in Bangladesh' s economic development, the Adviser called upon South Korea to share their skills and experiences with Bangladesh in its emerging ship building industry.

Some Bangladeshi entrepreneurs from the ship building industry have already held a meeting with the Korean Ambassador in this regard.

During the meeting, Ambassador Suk-Bum Park said there is a high demand for ceramic products, frozen foods and leather goods in Korean market, and Bangladesh businesspersons can avail of the opportunity of exporting those products to the country.

Suk-Bum Park also said Korea will export products worth US$ 1 billion to Bangladesh during the current fiscal year and the export volumes of both the countries will be increased too.

Besides, Bangladeshi products are getting duty- and quota-free access to the Korean market under the WTO agreement, the South Korean envoy added.

Korean Embassy Councilor and Deputy Chief of Mission Il Park, President Trade Representative Han-Il Kim and Commerce Ministry joint secretary (export) Mostafa Mohiuddin were present.