The approval was made in the 92nd Council Meeting of CACCI held through cloud conference on Friday.

Earlier, in 2018, Sheikh Fazle Fahim was elected as Vice-President of CACCI for 2018-2020 at the 32nd CACCI Conference held in Turkey, according to a statement.

Established in 1966, CACCI is a regional organization of apex national chambers of commerce and industry and business associations of 28 countries of Asia and the Pacific.

It serves as a forum for promoting the vital role of the businessmen in the Asia and Western Pacific region, increasing regional business interaction and enhancing regional economic growth. It regularly organizes conferences, high level meetings and seminars for enhancing trade and business relations among member countries.

It also mediates in exchange of business and investment knowledge, policy advocacy and creating strong network among the business community.

CACCI has Primary Members (national chambers of commerce and industry and associations) from the member countries, including Australia, Azerbaijan, Bangladesh, Brunei, Cambodia, Georgia, Hong Kong, India, Indonesia, Iran, Japan, Korea, Malaysia, Mongolia, Nepal, New Zealand, Pakistan, Papua New Guinea, Philippines, Russia, Singapore, Sri Lanka, Taiwan, Timor-Leste, Tajikistan, Turkey, Uzbekistan and Vietnam.

Presided over by Samir Modi, current President of CACCI, participants of 92nd Council Meeting conveyed thanks to FBCCI for successfully organizing 32nd Conference at Dhaka in November last Year.

The next CACCI conference is proposed to hold in Singapore in 2021 and extension of nomination submission time for CACCI awards also approved at the meeting.