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Bangladesh

US doesn’t give duty and quota free access: Muhith  

Finance Minister Abul Maal Abdul Muhith said the United States does not give Bangladesh duty and quota free market access though many countries are providing such facilities. “The United States is the single largest market for Bangladesh readymade garments and we pay the highest duty on RMG and it is US$ 800 million for the export of US$ 3.5 billion worth products . . . it is an unusual issue. . . the richest country in the world is extracting this kind of money from the poorest country,” said he. MuhithMuhith made the remarks at a press briefi...

Uzbekistan seeks Bangladeshi investment in textile sector    

The Government of Uzbekistan has invited Bangladeshi entrepreneurs to invest in the textile sector in Uzbekistan. During a meeting with Bangladesh Prime Minister Sheikh Hasina in Dhaka, the visiting Uzbek Minister for Foreign Economic Relations and Trade & Investment Elyor Majidovic Ganiev said the significant growth of textile and apparel industry in Bangladesh is an example which Uzbekistan could learn from Bangladesh. uzbek, bdMr. Ganiev said infrastructure is very cheap in Uzbekistan and urged Bangladeshi entrepreneurs to invest in the textil...

Bangladesh explores jute trade avenues in Oman

An eight-member team from Bangladesh Jute Mill Corporation (BJMC), the world's largest jute exporter, on Wednesday met the Oman Chamber of Commerce and Industry (OCCI) officials to explore business opportunities for jute products in oman. "The meeting was fruitful. The OCCI officials are very much keen on our products and business plans. They have agreed to organise awareness programmes, seminars, workshops, and exhibitions of jute products in Oman in the coming months," Major General Humayun Khaled (rtd), the chairman of BJMC, told in an exclusive interview with the Times of Oman.

Stability at risk without political inclusion: US    

The US continues to press for greater political inclusion in Bangladesh without which the Asian country’s stability will be at risk, a top Obama Administration official has said. “In Bangladesh, we continue to press for greater political inclusion, without which, a more stable and prosperous future is put at risk,” Assistant Secretary of State for South and Central Asia, Nisha Desai Biswal, said in her address at the prestigious Harvard University. nisha biswalAt the same time, she praised Bangladesh for its achievement in the socio ...

ADB appoints news country director for Bangladesh

The Asian Development Bank (ADB) has appointed Kazuhiko Higuchi as the new country director for its Bangladesh resident mission. "I am looking forward to working for Bangladesh, and the people of Bangladesh," Kazuhiko Higuchi was quoted as saying in a statement on Thursday. "Bangladesh is progressing fast and ADB will continue to make every effort to support Bangladesh's endeavor toward further reaping the potential of the country." adb countryAccording to the ADB statement, Higuchi succeeds M Teresa Kho, who moved to become the co...

Mozena considers Bangladesh with deep strategic interest

Rather than saying “tiny Bangladesh” or “poor Bangladesh,” U.S. Ambassador to Bangladesh Dan Mozena said he considers Bangladesh as the country with the eighth largest population, the third largest Muslim population and one with deep strategic interest to America. mozenaHe was addressing non-resident Bangladeshis in the San Francisco Bay Area during a town-hall meeting organized by Agami, a San FranciscoBay area-based non-profit organization working to promote education for the underprivileged chil...
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