The Economic Wing of the Embassy of Bangladesh in Italyis headed by an Economic Counsellor. As a functional unit of the Economic Relations Division (ERD), the Economic Wingis charged with the responsibilities for strengthening the existing bilateral economic cooperation between Italy and Bangladesh and in particular for promoting investment by Italian companies/entrepreneures in Bangladesh. This Wing is also responsible for trade and export promotion to Italy.
The Embassy of Bangladesh in Romeacts as a Permanent Representation of Bangladesh to the three Rome based UN agencies, namely, Food and Agriculture Organization (FAO),International Fund for Agricultural Development (IFAD) and World Food Programme (WFP).The Economic Wing of the Mission remains actively involved in the activities of these UN Agencies. The Economic Wing’s role becomes very crucial when Bangladesh takes seat in the FAO Council and in the Executive Boards of IFAD and WFP.
Italy hosts a large Bangladeshi immigrant community who send significant amounts of remittance to Bangladesh. Remittance from Italy is growing at a faster rate. The Economic Wing takes initiative to motivate expatriate community in Italy to use the formal channels of banks/Exchange Companies to remit foreign exchange to Bangladesh. The Economic Counsellor works as a Director in the Board of Janata Exchange-a sub sidiary company of Janata Bank.
Functions