He assured of US government's cooperation in holding the elections.

Bush made the remarks when newly appointed Bangladesh Ambassador to the United States M Humayun Kabir presented his credentials at the White House in Washington on Wednesday, an official handout said yesterday.

The US president described Bangladesh as a role model among "moderate and tolerant Muslim nations," saying that the country has demonstrated its unflinching commitment to democracy by organising innumerable elections.

Appreciating current reform programme of the caretaker government, Bush said he supports the anti-graft drive and initiatives to realise tax.

Receiving the letter of credence from Ambassador Humayun Kabir, the US president said both Bangladesh and USA have strong faith in democratic values and are committed to work jointly for mutual economic development and combating terrorism.

He assured cooperation as the ambassador sought duty- and quota-free access of Bangladesh products to the US market.

Bush praised the Bangladesh government's steps to build the country's economy on a strong base as well as its efforts to alleviate poverty. He also assured the ambassador of continued US support to Bangladesh's economic development.

Ambassador Humayun Kabir extended warm felicitations and wishes to President Bush on behalf of the president, the chief adviser and the people of Bangladesh.