Bangladesh, Kuwait pledge stronger economic co-op
NN Online:
Bangladesh and Kuwait have reiterated their commitment to enhancing diplomatic, trade, and economic relations, prioritising key areas such as investment, energy, food security, and the welfare of migrant workers.
Newly appointed Ambassador of Kuwait to Bangladesh Ali Tunyan Abdul Wahab Hamadah met Chief Adviser Prof Muhammad Yunus at the State Guest House Jamuna on Sunday and discussed ways to strengthen the ties.
Welcoming the Ambassador, the chief adviser reaffirmed the strong historical ties between Bangladesh and Kuwait and encouraged greater collaboration in key sectors.
“Kuwait and Bangladesh are long-standing friends. There are many investment opportunities here, and halal food can be a great sector to explore. The global market for halal food is huge. I encourage you to include young people in this initiative,” Prof Yunus said.
The chief adviser invited Kuwaiti investors to explore opportunities in Bangladesh’s Special Economic Zones (SEZs) and the upcoming Bangladesh Investment Summit in Dhaka on 7-9 April.
“Bring investors from Kuwait during the summit. It will be a big opportunity for both countries,” he said.
Ambassador Hamadah conveyed full support for Bangladesh’s interim government on behalf of Prime Minister Sheikh Ahmed Abdullah Al-Ahmad Al-Sabah and the people of Kuwait. “We are looking forward to working together,” he said.
Both sides discussed expanding crude oil imports from Kuwait to support Bangladesh’s growing energy demands.
The chief adviser invited Kuwait to invest in a joint venture crude oil refinery in Bangladesh and urged the oil-rich Gulf nation to explore cooperation in renewable energy projects. The chief adviser stressed the importance of ensuring better working conditions for Bangladeshi workers in Kuwait, particularly female workers.
He also acknowledged the strong defence collaboration between the two countries and praised the professionalism of Bangladeshi military personnel serving in Kuwait.
They also reaffirmed their dedication to deepening economic and diplomatic ties.
“Our partnership is built on mutual respect and cooperation. We are committed to expanding collaboration in trade, energy, and beyond,” the chief adviser said.