UK businesses more attracted to trade and invest in Bangladesh | The Daily Star
12:00 AM, October 01, 2020 / LAST MODIFIED: 02:39 AM, October 01, 2020

UK businesses more attracted to trade and invest in Bangladesh

British High Commissioner to Dhaka tells webinar

UK businesses are finding more prospects for trade and investment in Bangladesh, which is on its way to become a middle-income country in the next few years, said UK High Commissioner to Bangladesh Robert Chatterton Dickson. 

He made the remark at a webinar -- organised by Diplomatic Correspondents Association of Bangladesh (DCAB) -- yesterday.

Presently, bilateral trade between Bangladesh and UK is worth £4 billion, which he said is very encouraging.

Recently, Chatterton said UK's export credit agency -- UK Export Finance (UKEF) -- has tripled its capacity for Bangladesh to £2.5 billion ($3.2 billion).

This will make it easier for UK companies to sell high quality goods and services to Bangladesh. It is getting easier for Bangladeshi companies to use British expertise in projects, he said.

Apart from trade, UK and Bangladesh are working together on global issues that affect Bangladesh, including Covid-19 vaccines, Rohingya crisis and climate change, he added.

UK is working at the UN level to ensure equitable distribution of vaccines. The country will help ensure that Bangladesh has access to vaccine candidacy of Oxford University, Dickson said.

When asked whether Oxford will conduct stage-III vaccine trial in Bangladesh, he said it does not matter if it is conducted in Bangladesh or not, but it will be made available here.

DCAB President Angur Nahar Monty and UK High Commission Senior Press Officer Meher Jerin moderated the webinar.

Stay updated on the go with The Daily Star Android & iOS News App. Click here to download it for your device.

Type START <space> BR and send SMS it to 22222

Type START <space> BR and send SMS it to 2222

Type START <space> BR and send SMS it to 2225

Leave your comments

Top News

Top News