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Bangladesh to participate in Dubai Shopping Festival '05

Star Business Report
Bangladesh will participate in the forthcoming largest Middle East consumer extravaganza, Dubai Shopping Festival (DSF) 2005, under the banner of the apex trade body — the Federation of Bangladesh Chambers of Commerce and Industry (FBCCI).
The DSF is an annual event hosted by the Dubai Emirate of the United Arab Emirates (UAE) where participants from different countries offer consumer goods at discounted price to promote their goods and services in the Middle East countries.
Since inception, the event has so far been a month-long festival, but from next year, the organisers have decided to extend it to a two-and-a-half months event. In the year 2005, the festival will begin from January 12 and continue till March 31.
Speaking at a seminar on 'Dubai Shopping Festival 2005: Opportunities for Bangladesh Exporters' at FBCCI secretariat yesterday, Commerce Secretary Mohammad Aminur Rahman
said: "Though the shopping festival focuses on consumer goods, our objective is to create market in the Middle East, CIS countries and African markets."
He said Bangladeshi companies will participate in the DSF as part of government's efforts to tap new markets by showcasing quality products.
The seminar was jointly organised by FBCCI and Inscope Middle East LLC, the organiser of Bangladesh pavilion in the fair, with Commerce Minister Altaf Hossain Choudhury in the chair.
The minister said the DSF provides the perfect meeting venue for Bangladeshi entrepreneurs to showcase their products before the buyers.
Explaining reasons of participation, FBCCI President Abdul Awal Mintoo said the fair provides right opportunity for Bangladesh entrepreneurs to showcase their products as it will be participated by 38 countries with around five million expected visitors.
Secondly, he said, Dubai is the gateway to the Middle East, CIS countries and African markets. "Our total export to these
markets is less than total export to Germany alone. So there is a huge potential for Bangladeshi products to penetrate into these markets through Dubai," said Abdul AwalMintoo, president of FBCCI.
He said presently Bangladesh exports constitute readymade garments, textile and fabrics, frozen foods, vegetables, home textiles etc.
"Through this fair we hope to expand our export basket, as we feel that there is good scope to promote our agroproducts in these markets," Mintoo said.
He said to generate interest among the visitors, the Bangladesh pavilion will be named as 'Bangladeshi Village' under the FBCCI banner. Besides, Bangladesh will host drama, fashion show and Bangladeshi folklore music during the fair.
Syyed Fyyaz Husyn, managing director of Inscope Middle East, Mir Shahabuddin Mohammad, vice chairman of Export Promotion Bureau, Rouham Manzoor, consultant of ATDP, and business leaders of Bangladesh also attended the seminar.