Momen seeks 3-season tariff moratorium on US imports from Bangladesh

Foreign Minister AK Abdul Momen. File photo
Welcoming US investments in key areas of Bangladesh, Foreign Minister Dr AK Abdul Momen features reiterated that solid Bangladesh-US economical relations are critical.

Bangladesh seeks US investments in renewable energy, shipbuilding and recycling, car and light engineering, chemical fertilizers, agro-processing, pharmaceuticals, ceramic and plastic material goods, ICT, marine learning resource extraction, tourism and medical gear.

Dr Momen highlighted the leadership of Prime Minister Sheikh Hasina on her behalf vision of economic expansion and transforming Bangladesh right into a developed country by 2041.

He called after the US government, both to be able to help US consumers and in addition assist an incredible number of female workers found in Bangladesh's RMG sector, to place a three-year moratorium about the tariff on imports from Bangladesh, said the Ministry of Foreign Affairs today.

Dr Momen expressed his support for the launch of the US-Bangladesh Organization Council, and highlighted the partnership chances in Bangladesh, opening of the digital overall economy space, success of the digital payments, need for media and entertainment, strength transition and future of Bangladesh and its role as somebody in the Indo-Pacific with US companies and partners.

He expressed Bangladesh's desire to do the job closely with the Biden administration on environment, trade and expenditure, and security.

The Foreign Minister addressed the US Chamber of Commerce and met US Special Presidential Envoy for Weather John Kerry, the UN Secretary Standard Antonio Guterres and three US lawmakers on Thursday, through the third day of his official visit to USA.

The US Chamber of Commerce organised a virtual debate with Foreign Minister Dr Momen titled as "Strengthening Bangladesh-US Trade and Economic Cooperation".

Nisha Biswal, Senior Vice President (South Asia) of US Chamber of Commerce and ex - Assistant Secretary of Talk about, opened the engagement highlighting how Bangladesh comes with set a path towards strong economic growth and therefore the interest from American corporates engagement with Bangladesh is growing.

The discussion, also featuring Bangladesh Ambassador to the US Shahidul Islam and US Department of Condition Deputy Assistant Secretary Laura Natural stone, centered on Bangladesh's role as an evolving trade partner both globally and regionally along with on how to activate with the American business community to improve US-Bangladesh bilateral monetary activities.

Corporate leaders from numerous sectors including strength, banking, insurance, digital economy, financial offerings, healthcare, aerospace, defence and others actively participated in the discussion.