"The world is very small…Every citizen in Japan knows what is happening in Bangladesh," he said, adding, "I am glad the present government is committed to reforms and anti-corruption activities. This is very good sign."

Ambassador Inoue, who was delivering a keynote speech at a discussion on 'Trade and Investment with Japan" at a city hotel, made the remark responding to a query from the audience during the question-answer session.

The envoy said when he came to Bangladesh to take up his assignment there was so much political unrest. And Japanese investors question about security and safety as well as the level of corruption.

Appreciating the caretaker government's reform and anti-corruption steps, Inoue said observing the current reforms, the Japanese government has decided to commit new loans for Hairpur power plant, railway and water resources development.

"I hope this trend will continue...But early election is important, which requires good preparation, and establishment of new elected government is also important on the other hand," he told the discussion.

The ambassador said his mission here is to strengthen economic ties between Dhaka and Tokyo by providing information to Japanese investors, but he cannot press the investors to make investment in Bangladesh.

Organised by the International Business Forum of Bangladesh (IBFB), the meeting was also addressed by Jetro representative Tomohiro Kinomoto, BoI Executive Member Abu Reza Khan and IBFB President Mahmudul Islam Chowdhury.

The ambassador said to attract greater investment from Japan, it is important to be compliant with international business practice and the financial institutions are a major area for improvement.