Distributorship Agreement Signing Ceremony between Peugeot and AG Motors

Distributorship Agreement Signing Ceremony between Peugeot and AG Motors 05, April, 2016.

Speech of HE Sophie Aubert, Ambassador of France to Bangladesh.

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Distributorship Agreement Signing Ceremony between Peugeot and AG Motors 05, April, 2016.

Speech of HE Sophie Aubert, Ambassador of France to Bangladesh.

Dear Mr Hossain Khaled,
Dear Mr Didier Richard,
Dear guests,

Peugeot is one of our major companies in the automobile sector.

I am very glad to see that Peugeot has decided to develop its positions in Bangladesh.

In fact it is a global trend : our bilateral economic relations with Bangladesh are strengthening.

We are the forth European client of Bangladesh, importing mainly garment, but now we observe that our economic relationships are changing and developing.

Last year our exports to Bangladesh increased by 91%.

Our companies are showing more and more interest in doing business with Bangladesh.

Last week I was in Paris and I had the opportunity to meet representatives of these French companies working in foreign countries and willing to develop new business relations with Bangladesh.

I am sure that we could do more, but the trend is very positive.

In my view it will remain positive because Bangladesh is a country in transition.

Bangladesh has developed tremendously in the last decades.

Bangladesh has joined the mid-income countries’ group last year, regarding the annual growth product per inhabitant, and the country can be confident looking forward.

Bangladesh has lived a very successful story with the development of RMG sector, starting from nothing and becoming within a few decades the second garment exporter in the world.

Today Bangladesh has great ambitions in the field of ICT, telecommunications, and I am truly convinced that the country will address the challenge and that it will be able to replicate its success story with garment in the field of ICT.

Becoming a mid-income country means improving wages, developing purchase power, and therefore having a growing middle class, which means a new way of life, new needs and new consumption, but also more demanding consumers.

As an industrialized country, France is recognized for its high technologies.

I am convinced that our companies can take their place on the Bangladeshi domestic market, in order to be part of the development of this country.

Thalès is manufacturing the first satellite of the country, Oberthur is manufacturing Bangladesh smart ID cards, I hope Technip will start working on the new refinery of the country very soon.

I take these few examples to show that our technologies are our added value and that they are the way for us to do the best business offering the best products to our foreign partners.

Peugeot is one of our national companies and a company which has played a key role in the development of this new way of life which changed our country, France, in the last century.

Peugeot is a company which is associated to our identity.

It is a matter of real satisfaction to be here for this Distributorship Agreement Signing Ceremony between Peugeot and AG Motors.

This agreement proves one more time that France and Bangladesh are real commercial partners and that both our countries are working on the long term, with a mutual interest to strengthen this relationship.

I wish all the best to Peugeot and AG Motors.

Thank you for your attention./.

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Dernière modification : 02/05/2016

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