G2G meeting in January to boost post-Brexit trade-investment - Commerce Minister

News Desk: Commerce Minister Tipu Munshi has said that a G2G meeting will be held in January next year to boost trade and investment after Brexit. He said Britain's trade and economic relations with Bangladesh are long-standing. Bangladesh is encouraged by Britain's interest in post-Brexit trade and investment.

Trade talks between the two countries are essential to guide trade and investment in the right direction. The (G2G) trade meeting between the two countries will be held in January 2021. He made the remarks during an exchange of views with British Ambassador to Dhaka Robert Chatterton Dixon on Thursday (December 3rd). The Commerce Minister said many British investments are in Bangladesh.

Bangladesh would welcome more investment and trade. Under the initiative of Prime Minister Sheikh Hasina, the work of building 100 economic zones in important places of the country is progressing fast. Several countries, including China, Japan, Korea and India, have come forward to invest there. British investors will benefit if they invest here. The Bangladesh government has announced many opportunities for foreign investment.

He added that Bangladesh will become a developing country in 2024. At the same time, I hope that the UK will continue to have ongoing trade opportunities. Bangladesh has started efforts to create trade facilities through PTAs and FTAs ​​with different countries. We are grateful that Britain is cooperating to solve the Rohingya problem in Bangladesh.

The British Ambassador to Dhaka said that Britain was giving importance to Bangladesh in terms of post-Brexit trade and investment. It is possible to take detailed action in this regard by holding a trade meeting between the two countries. Britain's ongoing trade and investment and trade facilities with Bangladesh will continue. There will be efforts to increase it in the future.

Britain is a big market for Bangladesh's exports. In the last financial year, Bangladesh exported goods worth 3,453.6 million US dollars to Britain. At the same time, it imported goods worth USD 410.63 million. There is an opportunity to further increase this trade between the two countries.