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The United Kingdom has expressed interest in enhancing trade and investment relations with Bangladesh

  • Financial
  • 29 March, 2022 09:52:54

Photo: Collected

News Desk: British investors have expressed interest in investing more in Bangladesh, said Salman Fazlur Rahman, Private Industry and Investment Adviser to the Prime Minister.

Salman F. Rahman was speaking to reporters at the Bangladesh Investment Development Authority (BIDA) building on Monday (March 26th) morning after a meeting with Rushnara Ali MP, Member of Parliament for the British Prime Minister and Trade Envoy of the British Prime Minister to Bangladesh and British High Commissioner to Bangladesh Robert Chatterton Dixon.

During the meeting, they discussed various bilateral issues, including ways to enhance trade and investment relations between Bangladesh and the United Kingdom.

During a press briefing, British MP Rushnara Ali said that the UK-Bangladesh relationship was in a strong position and the development of trade relations between the two countries was very important. The British MP added: "There are many areas to work together on trade and investment with Bangladesh, and we want to take this relationship to new heights."

Rushnara Ali MP further mentioned that there are many British companies in Bangladesh and many more British companies are showing interest in conducting their business in Bangladesh.

He said Bangladesh, like the United Kingdom, has suffered in many cases due to the Kovid-19 epidemic. However, the economy of Bangladesh is rapidly returning to normal and the overall situation is slowly improving.

Rushnara Ali called on the Government of Bangladesh to ensure further development of a conducive business environment for existing and future investors and Salman F. Rahman said it was a continuous process and the Government of Bangladesh was working to ensure a conducive business environment for investors. We have already launched One Stop Service Center through Bangladesh Investment Development Authority. We also provide digital online services. The environment is slowly improving.

Adviser to the Prime Minister said that the British Prime Minister's Trade Envoy Hazrat Shahjalal has spoken about the favorable environment for foreign investors to enter the International Airport. I informed him that we are constructing a third terminal to ensure international airport services and the construction of the terminal will be completed by next year.

The meeting was also attended by British High Commissioner to Bangladesh Robert Chatterton Dixon, among others.

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