US entrepreneurs keen to invest in private sector

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The US entrepreneurs on Monday expressed their interest to invest in the Bangladesh’s private sector.

The interest was shown when a 30-member US trade delegation met Commerce Minister GM Quader at his office.

Talking to reporters after the meeting, Quader said the US delegation enquired about business opportunities in the country.

The minister told the delegation that the country’s 80 percent export earnings come from the readymade garment (RMG) sector.

Apart from RMG, Bangladesh exports leather products, ships, pharmaceuticals, agricultural products and ceramics and there are huge demands for Bangladeshi products across the globe, Quader informed the US delegation.

He also told them that there exists an investment-friendly environment in the country and the government has been offering adequate facilities to the foreign investors.

Replying to a query, the minister said he informed the US delegation that the recent building collapse at Savar was an accident after which the government took immediate steps to rehabilitate the affected workers and stop recurrence of such incident.

Asked whether Ticfa and GSP came up for discussion at the meeting, the minister answered in the negative.

Source: UNBConnect

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