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Japanese investors eye B’desh's prospective sectors: Envoy


Financial Express :: Financial Newspaper of Bangladesh

Major Japanese companies are interested to invest in Bangladesh's various sectors, including food processing industries, Japanese Ambassador in Dhaka Shiro Sadoshima said Sunday, reports UNB.

The Japanese envoy said this when he met Prime Minister (PM) Sheikh Hasina at her office (PMO).

Mr Sadoshima said Japan has proposed Bangladesh to constitute a joint taskforce comprising government and trade body representatives from both the countries to create a better investment environment in Bangladesh.

He said the proposed taskforce will explore the prospective areas of Japanese investment in Bangladesh, identify the problems in attracting Japanese investment and make recommendations to remove the hurdles facing by Japanese companies operating here.

It will also identify the areas of cooperation for the promotion of business between the two countries.

PM's Press Secretary Abul Kalam Azad briefed reporters after the meeting.

Mentioning Bangladesh's zero tolerance policy to terrorism and militancy, Hasina told the Japanese envoy that Bangladesh shares Japanese commitment to peace building and the elimination of nuclear weapons, and will continue to support Japan in the international arena.

Hasina expressed her hope that Japanese entrepreneurs will import world-class Bangladeshi goods, including pharmaceutical, jute and jute goods, ceramic, garments and IT products.

She also hoped that enhancement of ODA and FDI flow from Japan will help realise the target set in Vision 2021 to turn Bangladesh into a middle-income country.

Hasina recalled Japan's contributions during the Liberation War and said Dhaka and Tokyo have been maintaining warm and friendly bilateral relations since the establishment of their diplomatic relations in 1972.

Mentioning her Japan visit in 2010 and subsequent visit by Japanese Deputy Prime Minister Katsuya Okada to Dhaka in 2012, Hasina underscored the need for working together to implement the agenda, particularly Economic Partnership Agreement and Action Plan, stipulated in the 19-point Joint Statement signed during her Tokyo tour.

Ambassador at-Large M Ziauddin and PMO Secretary Molla Waheeduzzaman were present.
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