S Korea to stand beside Bangladesh ahead 4th IR

Dhaka (Oct 21, 2020): South Korea has expressed its keenness to stand beside Bangladesh in improving skills of the country’s labour ahead of the fourth Industrial Revolution (IR).

Korean High Commissioner to Bangladesh, Lee Jang-Keun, expressed his wills while paying a courtesy call on Sheikh Fazle Fahim, president of Federation of Bangladesh Chambers of Commerce and Industry (FBCCI), at the later office in Motijheel area of Dhaka yesterday.

During the courtesy call, the FBCCI president and the High Commissioner discussed the apex trade body’s noteworthy economic and social measures amid the pandemic of Covid-19, said a press release.

The issues like bilateral value chain initiatives, diplomatic relations, trade agreements, investment and incentives, skill development of labours through transferring knowledge and labor migrants were also discussed during the meeting.

The two countries are expected to engage in stronger cooperation in various sectors to meet the goal of the both sides.

Apart from these, Korean interest for FDIs or joint ventures in the automotive component making and its potential contribution in the tech center, providing access to the startup ecosystem, imploring the counterpart in providing arbitrator for the Alternate Dispute Resolution Center were discussed.

Jong Won Kim, Trade Representative, Commercial section and Cheol-sang KIM, Deputy Chief of Mission Counsellor of the Embassy of Republic of Korea (ROK); alongside FBCCI Vice-Presidents, Md. Rejaul Kariem Rejnu, CIP, Nizam Uddin Ahmed. Nizamuddin Rajesh and FBCCI Directors Mr. Sujib Ranjan Dash Md. Munir Hossain and Salahuddin Alamgir were also present at the meeting