State Minister for Foreign Affairs Shama Obaed Islam has formally inaugurated the first-ever Bangladesh-Morocco B2B meeting platform in Rabat, opening a new corridor for trade, investment and green innovation linking South Asia with Morocco’s gateway to Africa, Europe and beyond.
Dhaka described the launch of the platform as a ‘landmark moment’ for South-South commerce and said it marked the flagship event of the State Minister’s two-day visit to Morocco and one of the visit’s most significant outcomes.
“The platform is established to catalyse high-value, innovation-driven and people-centred partnerships, not trade for trade’s sake, but trade that builds industries, creates jobs, accelerates technology transfer and drives sustainable growth on both sides,” said Shama Obaed.
The State Minister is scheduled to return home on Friday, a senior official told UNB.
Highlighting Bangladesh’s strategic position between South and Southeast Asia, the State Minister shed light on the country’s emergence as the world’s second-largest garment exporter, a pharmaceutical supplier to more than 150 countries and a growing hub for ICT, leather, ceramics, light engineering and food processing.
She also conveyed Prime Minister Tarique Rahman’s invitation to Moroccan businesses to consider Bangladesh as a key investment destination, said the Ministry of Foreign Affairs on Thursday, noting that Moroccan business delegation is scheduled to visit Bangladesh in November this year.
The promotion of Bangladesh’s jute and jute-based products emerged as one of the key priorities of the new platform.
Bangladesh’s modernised jute industry - producing biodegradable, carbon-absorbing products increasingly utilised in the automotive and fashion sectors - aligns closely with Morocco’s expanding industrial landscape.
“As African countries increasingly move to restrict single-use plastics, demand for biodegradable alternatives made from jute is expected to rise significantly, positioning Bangladesh as a major supplier,” the State Minister said.