Highlighting Bangladesh’s economic progress and capabilities, the US Ambassador to Bangladesh Peter D Haas said Bangladesh has a very attractive economic sector for investment.
The new US Ambassador made the remarks while paying a courtesy call on Finance Minister AHM Mustafa Kamal at the Bangladesh Secretariat on Sunday.
Secretary of the Department of Economic Relations Fatima Yasmin was also present at the meeting.
Peter D Haas lauded the steps taken by Bangladesh and the vaccination programme to address the health and socio-economic challenges posed by the Covid-19 epidemic.
He vowed to present to the US investors the benefits of Bangladesh's investment-friendly environment, various investment opportunities, the benefits of demographic dividends, friendly demeanor, and the availability of working manpower.
He assured that the United States would stand by Bangladesh in its development efforts.
Finance Minister AHM Mustafa Kamal said Bangladesh has passed 51 years of its independence. The country has come a long way economically at this time, he added.
“Under the leadership of the Prime Minister Sheikh Hasina, Bangladesh has reached a new height in the world economy in the last one decade. Bangladesh is no longer a ‘development miracle', even the country is now a role model of development for others,” he said.
Bangladesh is currently 41st in the world in terms of economy which was 60th in 2006, he said, adding that “After independence, it took 36 years to reach $100 billion in the economy. In the last 12 years, it has quadrupled to $411 billion.”
The Finance Minister further said that the diplomatic relations between Bangladesh and the United States have expanded in various fields including trade and commerce.
He also thanked the United States for its support in various ways, including providing vaccines to Bangladesh in the fight against Covid-19.
Kamal has urged the new US Ambassador to invest more in Bangladesh as the business environment in Bangladesh is very lucrative and a good place to invest.