The UK and Bangladesh 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.
Both countries agreed to improve the trading
relationship through a mutual commitment to private
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 doing business,
financial sector development, higher education
provision, taxation issues and intellectual property
protection.
The British High Commissioner said
“The UK is committed to working with Bangladesh 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.”
The Secretary of the Ministry of Commerce said
“This dialogue will pave the way for our products,
services and professionals to penetrate the UK market
and contribute to increased investment in Bangladesh
and expand our exports.”
