The Bangladeshi products such as readymade garments, foods, spices, frozen shrimp and medicines have a good market possibility in Bahrain.A high-level Bangladeshi business team found this during a recent visit to Bahrain.
The Bahrain Chamber of Commerce and Industries president, Ebrahim Joynal, assured that Bahrain was interest in Bangladeshi products at a meeting with the Bangladeshi team.
A total of 0.15 million expatriate Bangladeshis are working in Bahrain, with a better earning level but they cannot remit their hard-earned money through the legal channel as there is no banking arrangement between the two countries.
The Bangladeshi banks can make a huge business by establishing Inter-bank relationship with the Bahraini banks, financial institute and the money exchange houses.
Any Bangladeshi bank can open and operate its branch in Bahrain by paying 16,000 Bahrain dinners as the licence fee.
Being the Asian gateway, Bahrain emerges one of the market sources of the Europe and the America and Bahrain is a consumer market and one of the high per capita earning countries of the world.
Analysts say Bangladesh can utilise the Bahrain market by exporting its goods as the prices of the essential commodities in Bahrain are quiet high.
The Bahraini people have good impression of Bangladesh as they have noticed sincerity of the expatriate Bangladeshis working over there.
The delegation has decided to take part in a trade fair in Bahrain to showcase Bangladeshi products.
Event management company Dhaka International Exhibition Company is enrolling the Bangladeshi companies for the trade fair.


