The American Chamber of Commerce in Bangladesh (AmCham) held its 25th Anniversary Celebration today at the Ruposhi Bangla Grand Ballroom, Hotel InterContinental Dhaka. Dr. A. K. Abdul Momen M.P., Honorable Foreign Minister, Govt. of the people's republic of Bangladesh attended the event as Chief Guest, Mr. Salman Fazlur Rahman M.P., Private Sector Industry and Investment Adviser to the Honorable Prime Minister was the Special Guest, H.E. Earl R. Miller, Ambassador of the United States Embassy in Bangladesh was present as the Guest of Honor along with the President AmCham Mr. Syed Ershad Ahmed, members of the Chamber including the Executive Committee Members, former Presidents, Founders, foreign dignitaries, business leaders, media representatives and other distinguished guests attended Since 1988 AmCham started to operate as American Bangladesh Economic Forum (ABEF) and in the year 1996 formally established as The American Chamber of Commerce in Bangladesh (AmCham) with an objective to promote the economic relationships between Bangladesh and the United States of America.
The membership of the organization included US Companies doing business in Bangladesh, their counterparts whose primary business is to represent products and services of United States origin. The chamber has introduced a number of practices here in Bangladesh, the country was not familiar with, however proven to beneficial elsewhere in the world and provided a dynamic platform where many visionary ideas focusing on exchange of information between the U.S. and Bangladesh with a view to stimulating greater understanding about each other's potentials and opportunities. AmCham Bangladesh holds the full Membership of the AmChams of Asia Pacific (AAP) and has also been accredited as a member of the U.S. Chamber of Commerce.
On the eve of the Silver Jubilee Celebration, AmCham unveiled a research report tiled "USA-Bangladesh Trade & Investment: Next Generation Priorities". The study was carried out by Policy Exchange Bangladesh on behalf of AmCham. The chamber has embarked upon a pursuit to perform a comprehensive identification and systematic diagnostics to identify opportunities to further strengthen trade and investment ties between Bangladesh and the US and have follow-on policy and market advocacy to pursue the strategic priorities for a conducive business environment in the days ahead. A panel discussion was held in conjunction of the report release participated by Mr. N. Rajshekaran Chair of Research and Investment Development subcommittee, AmCham and Managing Director and Citi Country Officer, Citibank NA Bangladesh, Dr. M. Masrur Reaz, Chairman, Policy Exchange Bangladesh, Bangladesh Investment Development Authority (BIDA) executive chairman, Mr. Md Sirazul Islam, Mr. John Dunham, Economic and Indo-Pacific Affairs Unit Chief, U.S. Embassy- Dhaka and Mr. Eric M. Walker, President of Chevron Bangladesh. Amcham members considered Corporate Social Responsibility as a business strategy for sustainable development and on the 25th Anniversary celebration the chamber recognized few of its members for CSR activities and awarded three of them for 2021 that included: Citi Bank N.A, Coca-Cola Bangladesh Limited and Standard Chartered Bank for their outstanding initiatives round the year even during these COVID-19 Pandemic.
Between courses the musical entertainment delighted the guests with a celebratory cake placed in for a ceremonial cutting. It was at this moment the dignitaries were joined by the former presidents and executive committee members for their fellowship and determination to get AmCham to where it is today in Bangladesh and to take next 25 years and beyond. Mr. Syed Mohammad Kamal, Vice President - AmCham, Convenor of the Silver Jubilee Celebration committee & Country Manager, Mastercard - Bangladesh in his closing remarks thanked all the members and supporters for their valiant efforts making this this glorious event a grand one.