Business Desk :
Bangladesh and the United Kingdom have agreed to improve the trading relationship through a mutual commitment to private sector led growth, encouraging investment, and addressing the trade-barriers.
The decision came at the first ever UK-Bangladesh Trade and Investment Dialogue at the commerce ministry in the capital on Tuesday.
The British delegation was led by the British high-commissioner, Robert Chatterton Dickson, while Commerce Secretary Dr Md Jafar Uddin led the Bangladesh team, read a press release.
The two countries agreed to develop a future trade partnership that will increase mutual prosperity and further Bangladesh’s economic development as it graduates from least developed country status.
The participants discussed cooperation in areas such as GSP, LDC graduation, investment cooperation, access of Bangladeshi professionals at UK service sectors, trade facilitation, and ease of doing business, financial sector development, higher education provision, taxation issues and intellectual property protection.
On the occasion, the British high-commissioner said his country is committed to working with Bangladesh in order to create a trade and investment relationship that helps both of our economies grow.
“Foreign Investment can provide jobs, transfer skills and generate revenue. A conducive business environment and removal of market access barriers can benefit both countries,” he added.
