A webinar connecting the Prime Minister’s Office and US Chamber of Commerce took the decision on Wednesday evening
A decision has been taken up to form Bangladesh-US working group to boost bilateral investment and business.
A webinar connecting the Prime Minister's Office and US Chamber of Commerce took the decision on Wednesday evening.
The virtual conference also agreed upon hosting a number of technical-level meetings and forming Bangladesh-US trade council to boost up bilateral trade and investments.
Prime Minister's Private Industry and Investment Adviser Salman F Rahman, State Minister for Information and Communication Technology Zunaid Ahmed Palak, Bangladesh envoy to the United States, US envoy to Bangladesh and other high officials of the two countries were connected to the meeting.
Principal Secretary to the Prime Minister Dr Ahmad Kaikaus and US Chamber of Commerce Senior Vice President Nisha Biswal jointly moderated the virtual meeting.
Representatives from Bangladeshi business organizations including Federation of Bangladesh Chambers of Commerce & Industries (FBCCI), Metropolitan Chamber of Commerce and Industry, Dhaka (MCCI), Dhaka Chamber of Commerce & Industry (DCCI), Bangladesh Garment Manufacturers and Exporters Association (BGMEA), Bangladesh Small and Cottage Industries Corporation (BSCIC), Leather goods And Footwear Manufacturers & Exporters Association of Bangladesh (LFMEAB) and Bangladesh Association of Pharmaceutical Industries (BAPI) were connected to the meeting.
Hundred of companies on behalf of the US Chamber, entrepreneurs, United States Trade Representative and United States State Department high officials represented their country.
The meeting discussed about continuing businesses during the pandemic, maintaining mid and long-term global supply chain and widening the bilateral business relations in terms of the fourth industrial revolution against the backdrop of ongoing virus crisis.
After the welcome speech of Nisha Biswal, Dr Ahmad Kaikaus elaborated the business and investment opportunities in Bangladesh. He focused the economic progresses and government measures to tackle Covid-19 fallout in business sector. He reiterated the government's all-out help to the US investors in Bangladesh.
Prime Minister's Private Industry and Investment Adviser Salman F Rahman presented a brief account on the country's investment-friendly environment and legal framework supporting the foreign investments.
He talked about the government's political commitment on overcoming post-coronavirus crisis and urged the US investors to invest at economic zones in Bangladesh.
State Minister for Information and Communication Technology Zunaid Ahmed Palak shaded light on the enormous potentials of the country's ICT sector and informed the US investors about Bangladesh's skilled ICT manpower.
He explained the investment opportunities to Bangladesh hi-tech parks and elaborated the ICT-friendly investment environment.
The US Chamber appreciated the progress of Bangladesh under the leadership of the prime minister and expressed enthusiasm over the tremendous economic achievements in the last couple of years.
Among the US companies, Target Corporation, Chevron, PrimaDollar, Zara, Axon, Mobil and Health Care took part in the meeting. Some top CEO talked about the investment climate and investment protective legal framework in Bangladesh.
They showed interest in investment in Bangladesh and import of goods and services from the country.