BSS-23 US to continue trade growth with Bangladesh

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ZCZC

BSS-23

BANGLADESH-US-TRADE

US to continue trade growth with Bangladesh

Dhaka, May 14, 2019 (BSS) – The United States of America (USA) have showed
its confidence in continuing rapid trade growth with Bangladesh as issues
related to the investment climate, intellectual property and workforce are
addressed.

“I am confident that economic and commercial ties will continue to grow
rapidly (with Bangladesh),” said acting US Assistant Secretary of Commerce
Ian Steff, according to a press release.

He visited Dhaka from May 11-13 to participate in a 2019 Trade Winds Indo-
Pacific Forum and Mission and to promote US-Bangladesh trade and investment.

He said, “The USA and Bangladeshi business leaders are increasingly
expanding their commercial ties and partnerships as evidenced by growing
trade between our two nations and the strong participation of companies in
our trade mission.”

Steff noted that two-way trade between the US and Bangladesh has doubled
to more than US$8 billion over the past decade.

On Monday, he met with key advisors of the Honorable Prime Minister Sheikh
Hasina– including Private Industry and Investment Advisor Salman F Rahman
and Energy Advisor Tawfiq-e-Elahi Chowdhury– as well as Secretary of
Commerce Mofizul Islam to discuss how to expand economic ties between the two
countries.

BSS/PR/TA/SSS/1753 hrs