The British High Commissioner in Dhaka, Robert Chatterton Dickson on Monday said, ‘The UK is committed to working with Bangladesh to create a trade and investment relationship that helps both of our economies grow.
He said the foreign Investment can provide jobs, transfer skills and generate revenue. A conducive business environment and removal of market access barriers can benefit both countries.
Dickson made the remarks while addressing the first ever UK-Bangladesh Trade and Investment Dialogue took place at the Ministry of Commerce in Dhaka on Tuesday.
British High Commissioner in Dhaka, Robert Chatterton Dicksonattended the meeting as the UK Government representative while the Government of Bangladesh was represented by the Commerce Secretary, Dr. Md. JafarUddin.
The Secretary 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 export”.
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, said a Joint Statement issued on Tuesday.
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 bytheir 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 at UK service sectors, Trade facilitation,ease of doing business, financial sector development, higher education provision, taxation issues and intellectual property protection.
