Inaugural UK-Bangladesh Trade and Expenditure Dialogue held in Dhaka
Image: Collected
Today in the UK-Bangladesh Trade and Purchase Dialogue, the UK Government was first represented by the Uk Large Commissioner, Robert Chatterton Dickson, and the federal government of Bangladesh was first represented by the Commerce Secretary, Dr. Md. Jafar Uddin. The discussions had been cordial and constructive.
The UK and Bangladesh decided to create a future trade partnership which will increase mutual prosperity and additional Bangladesh’s economic development since it graduates from Least Developed Region status.
Both countries decided to increase the trading relationship through a mutual commitment to individual sector led growth, encouraging investment, and addressing barriers to trade faced by their companies when exporting goods and services.
The UK and Bangladesh discussed cooperation in areas such as GSP, LDC Graduation, investment cooperation, access of Bangladeshi professionals to UK service sectors, trade facilitation, ease of conducting business, financial sector advancement, advanced schooling provision, taxation issues and intellectual property protection.
The British Superior Commissioner said
“The UK is committed to working with Bangladesh to make a trade and investment relationship that helps both of our economies grow. Foreign Expenditure provides jobs, transfer skills and generate revenue. A conducive organization environment and removal of marketplace access barriers can benefit both countries.”
The Secretary of the Ministry of Commerce said
“This dialogue will pave just how for our products, services and professionals to penetrate the UK market and contribute to increased investment in Bangladesh and extend our exports.”
Source: https://www.gov.uk