Tejari signs up with DCCI to boost trade between Bangladesh and the Middle East

This deal will facilitate an innovative trading platform between companies in the Middle East and Dhaka by moving commerce online and providing members of the Chamber of Commerce with access to a large and established buyer network in the UAE and across the region.

This strategic partnership will significantly enhance trade between Bangladesh and the Middle East. Originating as a transparent trading platform from the Emirate of Dubai, Tejari offers proven technology, first class consulting services and e-readiness training programs. DCCI provides the opportunity for thousands of qualified suppliers to develop trade links across key industry sectors in Bangladesh, including pharmaceuticals, textiles, leather and fisheries.

"The agreement with DCCI represents a powerful new platform for connecting Bangladeshi sellers with Middle Eastern buyers. Bangladeshi sellers can now reach new markets and increase their sales not only within the UAE, but across the Middle East region, where Tejari is proud to have the largest online buyer network" said Omar Hijazi, Tejari CEO.

Hijazi added, "This partnership represents a significant step in boosting trade between the Middle East and Bangladesh and also highlights our increasing presence on the global stage. Exporting the Dubai spirit of innovation and leading the global shift towards online trading, Tejari represents the future of B2B commerce. With its proven trading technology and track record for facilitating international business links, Tejari is helping overseas businesses to be "e-ready" for electronic trading opportunities that transcend borders and bring together emerging markets across the globe".

One of the key components of the agreement is the development of an online trading community; an e-Exhibition private-label community. DCCI companies can upload their company profile on the portal, showcase their products, issue promotional trade leads and above all, have access to a trading floor where they can interact with potential buyers or sellers across a global network. This trading portal allows all members of the DCCI to exhibit their products to the world 24x7 round the year, available from April 2008. Additionally, companies will participate in e-readiness training programs to receive certification and the e-Ready™ mark, demonstrating that the company and individuals have been trained and certified by Tejari, to conduct business transactions online.

Hossain Khaled, President, DCCI said: "As we enter into our 50th anniversary, it is fitting that we look to the future and introduce our member businesses to new and innovative methods of trading. E-commerce is rapidly transforming how business is conducted across the world. The new online trading portal and e-readiness training will help connect our members to the global marketplace, opening up an unprecedented number of export and import opportunities, especially for small-to-medium enterprises (SMEs)."

As it fortifies its global reach, Tejari looks forward to establishing more partnerships as it penetrates into other emerging markets such as South America, Africa and CIS regions in the future. Encouraging commercial growth, innovation and transparency, over 70,000 tenders worth $4bn, have already been conducted on Tejari.com since inception. The site now boasts a 100,000-strong online member community worldwide.