Even as Bangladesh aims to set up 100 economic zones by 2041, Commerce Minister Tipu Munshi has recently called upon Mexican entrepreneurs and the business community to consider investing in Bangladesh’s Economic Zones (EZs).

He emphasised that the Government’s goal is to establish 100 economic zones as part of its vision to transform Bangladesh into a Smart Nation by 2041 and position the country as one of the fastest-growing economies in the Asia-Pacific region.

Minister Munshi highlighted that several countries have already invested in these economic zones.

This appeal was made during a bilateral meeting between Minister Munshi and Mexican Secretary of Economy Raquel Buenrostro in Mexico.

This meeting marked a significant milestone, being the first high-level encounter between the two countries in nearly five decades.

Tipu Munshi, currently on an official visit to Mexico, also put forward a proposal to establish a bilateral trade joint group aimed at enhancing cooperation between the two nations.

During the meeting, both Minister Munshi and Secretary Buenrostro expressed their commitment to elevating their economic relations to new levels even as Secretary Buenrostro emphasised the importance of finalising agreements related to double taxation and customs.

Furthermore, she encouraged Bangladeshi businessmen to explore trade opportunities in Mexico.

It may be mentioned here many domestic and foreign companies, including those into manufacturing of readymade garments and textile, are doing flourishing business in the existing economic zones in Bangladesh.