Business Desk :
Turkish investors are keen to invest in a special economic zone in Bangladesh as it offers attractive incentives for foreign investors, said Turkish Ambassador to Bangladesh Mustafa Osman Turan. He also informed that his country wants to make an increased investment in Bangladesh and raise the bilateral trade volume through product diversification.
The Turkish Envoy was talking about Turkey-Bangladesh bilateral trade and business relation during a meeting with the senior officials of Eastern Bank Ltd. (EBL) at the bank’s head office in the city on Tuesday, said a press release.
EBL Managing Director and CEO Ali Reza Iftekhar briefed the ambassador on EBL’s banking operation, its role in overall economic development of the country, COVID-19 response, and role in facilitating foreign trade and investment.
“EBL has established trade business in the area of import and export with Turkey. We have correspondent banking relationship with Turkish banks. We have ad-confirmation and financing against letter of credit by Turkish banks. Turkish banks are our partners in guarantee business. We issue local guarantee against counter guarantee of Turkish Banks” said Ali Reza Iftekhar adding that he is keen to take forward the relations to a new height
Terming Bangladesh as a rising star the Turkish ambassador said,” Bangladesh is growing fast and the country has bright future.”
