feature Chevron Bangladesh participates in 25th US trade show
In keeping with previous traditions, Chevron Bangladesh once again participated in the U.S. Trade Show, March 1st to 3rd at the Pan Pacific Sonargaon in Dhaka. Jointly organized by the American Chamber of Commerce (AmCham) in Dhaka and the United States Embassy, this was the 25th edition of the event. Up to 150 American companies were represented that displayed their products and services in 72 colourful stalls and booths over three days. The inaugural ceremony was attended by the Bangladesh Minister for Commerce, Mr. Tofail Ahmed, MP; United States Ambassador to Bangladesh, Her Excellency Marcia Bernicat; Southeast Asia Regional Manager of the Advocacy Center at International Trade Administration, Mr. Malcolm Burke; AmCham Acting President, Mr. Shadab Ahmed Khan. Chevron Bangladesh was represented by Director of Policy, Government & Public Affairs (PGPA), Mr. Ismail H. Chowdhury, and Legal Director, Mr. Chris Radke.
The U.S. Trade Show presents an opportunity to showcase high-quality products and services brought by American companies to Bangladesh, recognizing the role of these corporations in Bangladesh’s economic development. The two countries already have strong trade and investment ties. According to the Office of the United States Trade Representative, Bangladesh was the United States 50th largest goods trading partner in 2016. In 2017, total two-way goods trade between the two countries amounted to $7.2 billion. U.S. goods imports to Bangladesh totaled $1.47 billion (up 61% from 2016), and top products were soybeans, raw cotton and steel making materials. The United States remains Bangladesh’s top export destination, with total exports amounting to $5.7 billion – chief among them Ready Made Garments. Commerce Minister Tofail Ahmed lauded Bangladesh’s promotion from Least Developed Country to a developing country and referred to a business climate that was conducive to foreign investment.
Aside from Chevron, companies that were represented in the U.S. Trade Show were General Electric, Burger King, Uber, Coca-Cola, PepsiCo International, Boeing, Microsoft, Caterpillar, FedEx, and Citibank, among many others.
The U.S. Trade Show presents an opportunity to showcase high-quality products and services brought by American companies to Bangladesh, recognizing the role of these corporations in Bangladesh’s economic development. The two countries already have strong trade and investment ties. According to the Office of the United States Trade Representative, Bangladesh was the United States 50th largest goods trading partner in 2016. In 2017, total two-way goods trade between the two countries amounted to $7.2 billion. U.S. goods imports to Bangladesh totaled $1.47 billion (up 61% from 2016), and top products were soybeans, raw cotton and steel making materials. The United States remains Bangladesh’s top export destination, with total exports amounting to $5.7 billion – chief among them Ready Made Garments. Commerce Minister Tofail Ahmed lauded Bangladesh’s promotion from Least Developed Country to a developing country and referred to a business climate that was conducive to foreign investment.
Aside from Chevron, companies that were represented in the U.S. Trade Show were General Electric, Burger King, Uber, Coca-Cola, PepsiCo International, Boeing, Microsoft, Caterpillar, FedEx, and Citibank, among many others.
Front row, standing from left to right at Chevron’s booth at the U.S. Trade Show 2018: United States Ambassador to Bangladesh, Her Excellency Marcia Stephens Bernicat; Chevron Bangladesh’s Director for Policy, Government & Public Affairs (PGPA), Mr. Ismail H. Chowdhury; Minister for Commerce of the Government of Bangladesh, Mr. Tofail Ahmed, MP; Chevron Bangladesh’s Assistant Manager, Communications, Ms. Sabreena Rahman; Acting President of American Chamber of Commerce, Mr. Shadab Ahmed Khan