Mr Joao Tabajara de Oliveira Junior, the Brazilian Ambassador in Dhaka has said Brazil desires to boost bilateral trade and investment with Bangladesh; however intermediaries are the main problem to tap real gains of business by the entrepreneurs between the two friendly countries. The ambassador expressed his opinion during a courtesy meeting with Enayet Karim, President of the Global Economist Forum, a United Nations Consultant Organisation-working for the promotion of trade and investment, held at the Embassy of Brazil in the capital.
The ambassador revealed his plans to introduce more private sector entrepreneurs of the two countries to know the potential of each other and take trade and investment cooperation to a different height. Currently, the annual bilateral trade volume amounts to $1.3 billion with Brazil mostly exporting sugar and Bangladesh garment items.