US-Bangladesh Business Council to be launched soon: Miller
Ambassador of USA to Bangladesh Earl R Miller today said that the US-Bangladesh Business Council will be launched soon to facilitate US investments in the country.
"The resiliency of Bangladesh is very remarkable. The bilateral relation between the USA and Bangladesh mainly depends on strong economic ties and the future of it is limitless. Soon, the US-Bangladesh Business Council will be launched and this reflects that US investors are keen to invest in Bangladesh," he said.
The US envoy said this while paying a courtesy visit to the Dhaka Chamber of Commerce and Industry (DCCI) at the DCCI office in the capital, said a press release.
He said that the entrepreneurial energy of Bangladeshi people is really notable.
The ambassador pointed out agriculture, automobile, blue economy, tourism, eco-tourism and light engineering as some of the potential avenues for the US investors.
Miller also urged on improving ease of doing business index and development of infrastructure including port infrastructure.
During the meeting, DCCI President Rizwan Rahman said that the bilateral trade between Bangladesh and the United States recorded 37.6 percent growth over the last ten years.
"It reached $7.96 billion in FY2020, of which Bangladesh's export was $5.83 billion and import was $2.13 billion," he added.
He also sought investment from the USA, particularly in the medical equipment and safety gears, automobile, smart farming technology, food processing and 4IR technologies.
He said the United States is the top source of Foreign Direct Investment into Bangladesh.
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