In an effort to boost the country’s economy, industries adviser Adilur Rahman Khan asked Canada for help on Tuesday in the areas of investment and technology transfer.
Bangladesh has a big domestic market, a plan that is welcoming, and a business-friendly atmosphere. According to him, Bangladesh is gradually witnessing a rise in both local and foreign investment as a result.
The adviser made the remarks at a meeting with Canadian Charge d’Affaires in Dhaka, Debra Boyce, at the city’s Ministry of Industries, according to a press release.
Adilur revealed during the meeting that Canada and Bangladesh had inked an agreement on investment insurance on 12th July 1990. He highlighted that a joint technical committee would sign the draft agreement named “Agreement between Bangladesh and Canada for The Promotion and Protection of Investments.”
Debra Boyce informed the adviser that more Canadian investors are eager to invest in Bangladesh. “For this, the main investment locations are being identified. The current deal between Bangladesh and Canada needs to be changed as soon as feasible,” he said.
The envoy from Canada stated that Bangladesh and Canada would like to work closely together by forming a joint team. Senior Secretary to the Ministry of Industries Zakia Sultana was one of the speakers at the occasion.