ZCZC
BSS-34
TIPU-US-INVESTMENT
US keen to expand trade relation with Bangladesh
DHAKA, March 3, 2020 (BSS) – The entrepreneurs of the United States (US) are very keen to strengthen the existing ties with Bangladesh and avail of the huge potentials of both countries to expand trade and economic relations.
A delegation, led by Assistant US Trade Representative of South and Central Asia Christopher Wilson, today expressed the keenness while exchanging views with Commerce Minister Tipu Munshi at his office in the city, said a press release.
During the meeting, Tipu Munshi said as per the direction of Prime Minister Sheikh Hasina, Bangladesh is establishing 100 economic zones across the country and investment in the EZs will be profitable for the US investors.
“There are huge potentialities of investment in Bangladesh’s agricultural products processing and preserving sector. The government has taken an investment-friendly policy which is helpful for the investors,” he added.
Responding to a question of the reporters, Tipu said the US wants trade and investment friendly customs process and taxation. “The factories of the RMG sector have become compliance. Ports have been developed for facilitating the import and export,” he added.
BSS/PR/KUC/GA/1833 hrs