UK prime minister\u2019s trade envoy Rushanara Ali had a bilateral meeting with the business leaders of Bangladesh at the Dhaka Chamber of Commerce and Industry in the capital on Tuesday.
\nDCCI president Rizwan Rahman chaired the meeting. Bangladesh Garment Manufacturers and Exporters Association vice-president Miran Ali, SBK Tech Venture founder and managing director Sonia Bashir Kabir, United Group group chairman and MD Moinuddin Hasan Rashid and Apex Group MD Syed Nasim Manzur also
\ntook part in the discussion.
\nRizwan Rahman said that the bilateral trade between Bangladesh and UK was USD 4.11 billion in 2021. UK\u2019s net FDI stock in Bangladesh was about USD 2.53 billion and UK was the 3rd largest export destination for Bangladesh and in future it would grow further.
\nHe invited British investments in the ship building, RMG, agro-processing, leather and footwear, light engineering and skills development sector of Bangladesh.
\nBangladesh will enjoy duty-free, quota-free facility in the UK up to 2029. He requested to allow Bangladesh to continue this facility even after 2029.
\nHe also said that Rules of Origin requirement facility could be eased and extended. Technical Barriers to Trade needed to be reduced and rationalised, he added.
\nRushanara Ali said that Bangladesh had done a tremendous success in the socio-economic sector. For the continuation of this progress she asked for public and private sectors\u2019 coordination.
\nShe said that private sector development and trade expansion are the real growth drivers for Bangladesh\u2019s economy. She also urged enhancing bilateral partnership between UK and Bangladesh.
\nBritish High Commissioner in Dhaka Robert Chatterton Dickson said that Bangladesh\u2019s private sector was very strong and were leading the economy from the front. He said that the Mirsarai Economic Zone in Chattagram was a good place for attracting foreign investment and there was a huge opportunity for UK\u2019s investors
\nas well.<\/p>\n","protected":false},"excerpt":{"rendered":"

UK prime minister\u2019s trade envoy Rushanara Ali had a bilateral meeting with the business leaders of Bangladesh at the Dhaka Chamber of Commerce and Industry in the capital on Tuesday. DCCI president Rizwan Rahman chaired the meeting. Bangladesh Garment Manufacturers and Exporters Association vice-president Miran Ali, SBK Tech Venture founder and<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_editorskit_title_hidden":false,"_editorskit_reading_time":0,"_editorskit_is_block_options_detached":false,"_editorskit_block_options_position":"{}","footnotes":""},"categories":[4],"tags":[13688,13687,13686,13685,199,13684],"yoast_head":"\n