DHAKA, Dec 13, 2020 (BSS) – Commerce Minister Tipu Munshi today hoped that
Spain would continue with the ongoing GSP facilities to Bangladesh as the
country is on its way to graduate from the LDC status by 2024.
The Commerce Minister expressed such hope when the ambassador of Spain
Francisco de As-s BENITEZ SALAS met him at his secretariat office, said a
Ministry press release.
Highlighting the immense potentials of investment in the country’s agro
processing sector, Tipu said the Spanish investors would be benefitted if
they invest in this sector.
He mentioned that the government has been providing special facilities to
the foreign investors, all the formalities towards attracting investment have
been simplified, all necessary works are going on speedily to set up some 100
special economic zones across the country where countries like China, Korea,
Japan and India have come forward.
Noting that this region including China and India is a big market, the
Commerce Minister said that there is sufficient number of skilled manpower in
the country and considering all aspects, Bangladesh is now an ideal place for
investment.
He also mentioned that Spain is the 4th largest export market of
Bangladesh while the businessmen of both the countries could further boost
the bilateral trade through exchange of visits.
Turning to the issue of forcibly displaced Rohingyas now staying in
Bangladesh, Tipu sought sincere support from Spain for repatriation of the
Rohingyas to Myanmar.
The Spanish Ambassador said that Spain attaches due importance on its
relations with Bangladesh while Spain is happy to see Bangladesh’s ongoing
development activities and economic progress.
SALAS said there is a good demand for Bangladeshi RMG products in Spain
while the country would import more RMG products to further widen the volume
of trade.
He also expressed his high hope that Spain would continue to support
Bangladesh even after the country’s LDC graduation.
The Spanish Ambassador also assured of considering the matter for making
investment in the country’s agro processing sector.
According to official data, Bangladesh exported goods worth $2,554.82
million to Spain in the fiscal year (2018-19) against the imports of $180.18
million.
Commerce Ministry Joint Secretary (export) M Abdur Rahim was present on
the occasion.