kids encyclopedia robot

Federation of Bangladesh Chambers of Commerce & Industries facts for kids

Kids Encyclopedia Facts
Federation of Bangladesh Chambers of Commerce and Industries
বাংলাদেশ শিল্প ও বণিক সমিতি
Federation of Bangladesh Chambers of Commerce & Industries Seal.svg
Seal of FBCCI
Abbreviation FBCCI
Formation 1973; 52 years ago (1973)
Headquarters 60 Motijheel, Dhaka, Bangladesh
Region served
 Bangladesh
President
 Mahbubul Alam

The Federation of Bangladesh Chambers of Commerce and Industries (FBCCI) is the main organization for businesses in Bangladesh. Its Bengali name is Bengali: বাংলাদেশ শিল্প ও বণিক সমিতি. It plays a big role in helping the private business sector in the country. FBCCI works as an advisor and helps protect the interests of businesses.

History of FBCCI

The Federation of Bangladesh Chambers of Commerce and Industry started in 1973. It was created under special laws to help organize and support businesses across Bangladesh.

What FBCCI Does

FBCCI has several important goals and jobs. It works to make sure businesses in Bangladesh can grow and succeed.

Helping Businesses Work Together

  • It helps different business groups, like Chambers of Commerce and Trade Associations, work together.
  • FBCCI encourages new investments and helps trade, industry, farming, tourism, and communication grow in Bangladesh.

Working with the Government

  • FBCCI speaks up for private businesses. It shares their ideas and concerns with the government.
  • It takes part in important meetings with government ministers and other agencies. This helps shape policies for the country's economy.
  • FBCCI represents private businesses in many government committees.

Supporting Business Growth

  • It helps local Chambers of Commerce and Industry organize trade shows and fairs. These events allow businesses to show their products and services.
  • FBCCI collects and shares important information about trade and industry. This data helps businesses make smart decisions.
  • It works to spread knowledge about business, technology, and economics. This includes promoting education in these areas.
  • FBCCI also does research to find ways to help trade and industry grow even more.

Connecting with Other Countries

  • FBCCI builds strong connections with businesses in other countries. This helps with economic cooperation.
  • It encourages foreign companies to invest in Bangladesh and helps them find local partners.
  • FBCCI works closely with international business groups. It is a member of organizations like the International Chamber of Commerce (ICC).
  • It also connects with groups like UNDP and UNIDO. These connections help protect the interests of Bangladeshi businesses around the world.
  • Currently, FBCCI leads the BCIM (Bangladesh-China-India-Myanmar) Business Council.

How FBCCI is Organized

FBCCI has a clear structure to manage its work.

Leadership Team

The organization is led by a Board of Directors.

  • President: 1 (Currently Mahbubul Alam)
  • Senior Vice-President: 1 (Currently Mr. Md. Amin Helaly)
  • Vice-Presidents: 6 (Currently: Khairul Huda Chopol, Anwar Sadat Sarker, Joshoda Jibon Debnath, Md. Munir Hossain, Rashadul Hossain Chowdhury and Ms. Shomi Kaiser)
  • Directors: 46

Member Groups

FBCCI is made up of different types of member organizations.

  • Chambers of Commerce and Industry:
    • A Class Chamber - 60
    • B Class Chamber - 19
  • Trade and Industrial Associations:
    • A Class Association - 372
    • B Class Association - 05
  • Joint Chambers (with Foreign Countries): 20

Who are the Members?

The members of FBCCI include local Chambers of Commerce, regional Chambers, and various industry associations. It also includes groups that work with businesses from other countries.

International Connections

FBCCI has strong ties with business groups and public bodies all over the world. It is part of many international organizations, such as:

  • International Chamber of Commerce (ICC)
  • Islamic Chamber of Commerce and Industry (ICCI)
  • Confederation of Asia-Pacific Chambers of Commerce and Industry (CACCI)
  • SAARC Chamber of Commerce and Industry (SAARC CCI)

FBCCI also works with international groups like UNDP, ESCAP, UNIDO, ITC, and GATT-UNCTAD. These connections help protect the interests of Bangladeshi businesses on the global stage.

FBCCI has agreements with national trade organizations from many countries. This includes countries like Australia, China, India, Japan, USA, and many others.

See also

  • Chittagong Chamber of Commerce & Industry
  • Dhaka Chamber of Commerce & Industry