Trade dialogue with the UK the following month

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This comes after the UK government last month announced that goods from Bangladesh would continue steadily to enjoy duty-free usage of the UK

Bangladesh is place to carry meetings with the Uk government next month to discuss bilateral trade and expenditure opportunities found in the post-Brexit era.
 
This employs the Uk government last month announced that goods from Bangladesh would continue steadily to enjoy duty-free access to the UK following Brexit, that may take effect in the brand new year.

“The UK is seeking to harness the chance presented by the exit from the EU to develop another trade partnership with Bangladesh which will increase two-way trade and carry greater prosperity to both of our countries,” said Robert Chatterton Dickson, Uk high commissioner to Bangladesh, in a meeting with Commerce Minister Tipu Munshi yesterday.

As a champion of free trade, the UK wished to deepen its previously strong trading romance with Bangladesh by developing a trade partnership that builds on shared trade and investment passions, he stated, adding that boosting trade would help the two economies to grow extra.

In fiscal 2019-20, Bangladesh exported goods worthy of $3.5 billion to the UK and imported goods amounting to $1.1 billion, regarding to data from the commerce ministry.

The UK was the third-most significant investor in Bangladesh in 2019 plus the third major export destination for the country’s apparel shipment.

“Trade and financial relations between Bangladesh and Britain are long. You will find plenty to further bilateral trade prospects,” Munshi stated in the meeting.

He went on expressing desire that Bangladesh would get substantially attention found in the UK’s new trade plan following Brexit.

“Bangladesh is encouraged by Britain’s interest found in post-Brexit trade and investment. Trade talks between the two countries are crucial for the proper operations of trade and investment in new ventures.”

Various British investors have previously invested in the country’s distinct potential sectors.

Britain could opt for the country's under constructed 100 special monetary zones, which previously got recognition in drawing foreign expense.

More than a few countries, including China, Japan, Korea and India, have invested a considerable sum on the zones, Munshi added.
Source: https://www.dhakatribune.com

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