‘Huge scope for individual sectors’

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Foreign Minister Dr AK Abdul Momen has reported there is an tremendous scope for private sectors of Bangladesh and Japan to activate on trade and investment for mutual benefit.

"We plan to conclude a 'No cost Trade Contract' with Japan. These will create enormous scope for personal sectors of both countries," he explained while addressing a webinar on "Bangabandhu and Japan" held lately.

With Japan, Momen said, Bangladesh is currently implementing a number of mega-assignments for connectivity and power generation.

"We are involved in Public-Individual Economic Dialogue for strengthening business and expenditure ties," he stated, adding that special Export Processing Zone has been setup in Araihazar for Japanese investors.

Over the years, the partnership has further deepened and widened, Momen said.

Primary Minister Sheikh Hasina has ensured through her appointments found in 1997, 2014 and 2019 that the relationship continues to grow for mutual benefit, he said.

Japanese prime ministers also have visited Bangladesh, the most recent being the recent past PM Shinzo Abe in 2019. "These high-level engagements include driven our relations towards an upward trajectory," stated Momen.

Department of Japanese Research of Dhaka University and Japan-Bangladesh Chamber of Commerce and Sector jointly organised the webinar recently to celebrate the birth centenary of Father of the country Bangabandhu Sheikh Mujibur Rahman.

Foreign Secretary Masud Bin Momen, Prof Dr ASM. Maksud Kamal, pro-VC (academic), Dhaka University; and Naoki Ito, ambassador of Japan to Bangladesh, spoke as particular guests.

The webinar was chaired by Dr Abdullah-Al-Mamun, chairman, Department of Japanese Research, DU.

Yuji Ando, president of JBCCI, delivered the welcome address while Tareq Rafi Bhuiyan, secretary standard of JBCCI, delivered the vote of thanks.

The speakers discussed on the contribution of Bangabandhu in construction the solid foundation of bilateral relations between Japan and Bangladesh.

Dr Momen said Bangabandhu believed found in the Japanese style of production and sought cooperation of Japan found in rebuilding the war-torn nation immediately after independence.

Bangabandhu's friendship with Takashi Hayakawa, the then Person in National Diet, played an extremely crucial role in building the building blocks of friendship between the two countries, said the chief guest.

Momen recalled the help of Japan through the Liberation War in 1971.

Naoki Ito, while speaking as particular guest, stressed the need of promoting Japan-Bangladesh relations for building Sonar Bangla, dreamt by the Father of the Nation.