Economic Reporter :
Britain’s exit from the European Union (EU) would not impact on UK-Bangladesh trade, said Chief of the delegation of the United Kingdom (UK) Mathews, now in Nairobi to attend the UNCTAD 14.
“Bangladesh is an important business partner of UK. So bilateral relations, trade and investment between Bangladesh and UK would remain as usual in future like the EU era,” Mathews told Bangladesh Commerce Minister Tofail Ahmed on the sidelines of the meeting of fourteenth session of the United Nations Conference on Trade and Development (UNCTAD 14) in Nairobi, said a ministry release received here on Wednesday.
He said UK would continue its trade facilities to the LDCs in two years after the final approval of Brexit and “no possibilities are there to change the UK’s policies after Brexit.”
During the meeting, Bangladesh Commerce Minister and UK delegation discussed issues of mutual interest, as UK is the third largest export destination of Bangladesh’s apparel products worth $ 3.7 billion after USA and Germany.
Mentioning that 20 companies of UK have invested in Bangladesh, Tofail said the government has started work to develop 100 special economic zones and if more UK companies invest, Bangladesh would provide all facilities.
Later, the commerce minister also met with UNCTAD Secretary General Dr Mukhisa Kituyi and Executive Director of International Trade centre Arancha Gonzalez separately.
Britain’s exit from the European Union (EU) would not impact on UK-Bangladesh trade, said Chief of the delegation of the United Kingdom (UK) Mathews, now in Nairobi to attend the UNCTAD 14.
“Bangladesh is an important business partner of UK. So bilateral relations, trade and investment between Bangladesh and UK would remain as usual in future like the EU era,” Mathews told Bangladesh Commerce Minister Tofail Ahmed on the sidelines of the meeting of fourteenth session of the United Nations Conference on Trade and Development (UNCTAD 14) in Nairobi, said a ministry release received here on Wednesday.
He said UK would continue its trade facilities to the LDCs in two years after the final approval of Brexit and “no possibilities are there to change the UK’s policies after Brexit.”
During the meeting, Bangladesh Commerce Minister and UK delegation discussed issues of mutual interest, as UK is the third largest export destination of Bangladesh’s apparel products worth $ 3.7 billion after USA and Germany.
Mentioning that 20 companies of UK have invested in Bangladesh, Tofail said the government has started work to develop 100 special economic zones and if more UK companies invest, Bangladesh would provide all facilities.
Later, the commerce minister also met with UNCTAD Secretary General Dr Mukhisa Kituyi and Executive Director of International Trade centre Arancha Gonzalez separately.
