[ad_1]
Dhaka: The largest investment in Asia is in the 2,500 special economic zones of Bangladesh. Japan’s ambassador to Dhaka, Ito Naoki, said Japan would invest in the project.
He said that Japan has taken initiatives to increase trade and investment with Bangladesh. Furthermore, Japan is considering setting up a car factory in Bangladesh.
He made the remarks during a meeting at the Trade Minister’s office at his official residence in Dhaka on Thursday (September 3). This information was given in a press release sent by the Ministry of Commerce.
The Japanese ambassador said that Japan has taken the initiative to increase trade and investment with Bangladesh. Even after graduation from LDCs in 2024, Japan is thinking of continuing the trade facilities granted to Bangladesh. For this FTA or PTA it can be done. Japanese businessmen are eager to increase trade with Bangladesh. A joint working group could be formed to boost trade and investment between the two countries. There is a great demand for skilled workers in Japan. Bangladesh can seize this opportunity.
Meanwhile, Trade Minister Tipu Munshi said Bangladesh’s friendly trade and economic relations with Japan are long-lasting. Japan is a great partner in the development of Bangladesh. There are many opportunities to increase Bangladesh’s exports to Japan. Bangladesh wants to seize this opportunity. Bangladesh’s exports to Japan will increase if more trade facilities are provided for the export of ready-made garments.
Bangladesh will become a middle-income country of LDCs in 2024. Calling for the continuation of the five-year trade mechanism, the trade minister said that 100 special economic zones were being established in the country under the leadership of Prime Minister Sheikh. Hasina. Japan will benefit from investing in these. Bangladesh has announced a package of attractive investment opportunities here. Bangladesh is a large market for Japanese-made cars. It would be profitable to establish a Japanese car factory in Bangladesh.
Bangladesh exported goods worth US $ 1,385.84 million to Japan in fiscal year 2018-2019 and US $ 1,200.7 million in fiscal year 2019-200. Similarly, in fiscal year 2018-2019, Japan imported goods worth US $ 1,752.50 million and in fiscal year 2019-2020, it imported US $ 1,294.91 million.
On Thursday morning, the Indian High Commissioner in Bangladesh, Riva Ganguly Das, made a farewell call to Trade Minister Tipu Munshi. They exchanged views on issues of mutual interest. At this time, the Secretary of Commerce. Maryland. Zafar Uddin, Additional Secretary of the Ministry of Commerce (Exports), said. Obaidul Azam was present.
Bangladesh time: 1932 hours, September 03, 2020
GCG / AA
News, information, images, photographs, diagrams, videos, audio content posted / broadcast by banglanews24.com may not be used without prior permission under copyright law.
[ad_2]
