Hasan urges Thai private sector to invest in Bangladesh

BSS: Foreign minister Dr Hasan Mahmud has urged the Thai private sector to make investment in Bangladesh by taking full advantage
of Dhaka’s various incentives for foreign business and partnership.
He also emphasized on the importance of early commencement of the Free Trade
Agreement (FTA) between Bangladesh and Thailand for enhancing bilateral trade
and balancing trade deficit.
The foreign minister was speaking at a business meeting, organised by
Bangladesh Embassy in Bangkok on Friday on the sidelines of the official
visit of Minister Sheikh Hasina to Thailand, a foreign ministry’s press
release said here today.
Earlier on the day, Bangladesh and Thailand have signed a Letter of Intent
(LoI) to commence Free Trade Agreement (FTA) between the two countries.
During the business meeting, Hasan underlined the potential for trade and
investment between Bangladesh and Thailand and said it will ultimately
contribute to the overall development and prosperity of both the countries.
The foreign minister highlighted Thailand’s significance as a key trade
partner for Bangladesh within the ASEAN region.
He also described Bangladesh’s remarkable progress in all indicators of
socio-economic development over the last 15 years and Bangladesh’s successful
graduation from Least Developed Country (LDC) status, attributing it to the
visionary leadership of Prime Minister Sheikh Hasina.
Hasan also stressed upon the importance of fostering increased people-to-
people contact as a means to strengthen the bonds between Bangladesh and
Thailand.
By prioritizing such exchanges, both countries can deepen their
understanding, collaboration, and partnership and benefit their people, he
observed.
Finance Minister Abul Hassan Mahmood, Prime Minister’s Private Industry and
Investment Advisor Salman Fazlur Rahman, Home Affairs Minister Asaduzzaman
Khan, State Minister of Commerce Ahasanul Islam Titu, and Foreign Secretary
Masud bin Momen attended the event.