Hasina stresses better trade links with Laos
Prime Minister Sheikh Hasina yesterday stressed the need for enhancing the two-way trade volume between Bangladesh and Laos by harnessing the countries' untapped resources.
The export of Bangladesh and Laos to other countries is doing reasonably well, but it is still negligible between the two countries, she said at a luncheon hosted by Laos Prime Minister Thongsing Thammavong in Laos.
“During our official talks, we've emphasised finding ways and means for increasing our mutual flow of trade and investment,” Hasina said.
Laos can now import quality pharmaceuticals, ceramics and porcelain, readymade garments, textiles, leather and footwear from Bangladesh, which now exports pharmaceuticals to 93 countries, and ceramics and porcelain to 61 destinations in Europe, Americas, Africa and Asia, she said.
“I invite investors from Laos to come and consider the possibilities of investment in Bangladesh.”
She said Bangladesh's investment policies are among the most liberal ones in the region, with fiscal incentives as tax holiday, duty concessions, full repatriation of dividends and capital and legal protection.
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