Bashir urges Korean investors to boost investment in Bangladesh

Adviser to the interim government on the Ministry of Commerce Sk Bashir Uddin today urged the Korean investors to boost their investment in Bangladesh since a favourable environment is prevailing in the country.

The Commerce Adviser made the request when South Korean Ambassador to Bangladesh Park Young-sik made a courtesy call on the Adviser at his office at the Ministry of Commerce at Bangladesh Secretariat today.

During the meeting, they discussed issues relating to bilateral trade, Free Trade Agreement (FTA) and wooing more Korean investment to Bangladesh, said a ministry press release.

Noting that the student-led mass uprising has created new potentials, Bashir said there is no way to return back from here.

He also noted that the achievements of the interim government over the last 100 days were as per the expectations of the government.

The Adviser opined that if the FTA is signed between Bangladesh and Korea, then both the countries would be benefited while the people to people contact would be further developed alongside expansion of trade and commerce.

He also expected more Korean investment in light engineering, leather industry and in the EPZs of Bangladesh.

The Korean Ambassador said they want to work in enhancing the skills of the youth folk in technology since Bangladesh has a very large youth class.

He also informed that Korea has already invested in various sectors of Bangladesh and would increase its investment further in future.