BE Magazine

Monthly business magazine
foreign direct Investment
26
foreign direct Investment
Bangladesh-US Partnership
An Eventful Year of Shared Goals
The United States is among the top trading partners and the largest investment
partner of Bangladesh. Trade between Bangladesh and the US doubled to more
than $8 billion over the past decade. And this year (2019) has been particularly
eventful in furthering the shared goals of trade, partnership and prosperity.
Partnership Dialogue and Trade
Winds Mission
Bangladesh and United States convened the 7th
Bangladesh-US Partnership Dialogue on June 10,
2019 in Washington D.C. The two governments
reaffirmed their commitment to lasting partnership.
Bangladesh shared plans to facilitate Foreign Direct
Investment (FDI) for supporting infrastructure and
energy projects. And the United States affirmed
that it would continue to promote US business
engagement in support of Bangladesh’s development
goals. It was agreed by the two sides that the 8th
Partnership Dialogue between Bangladesh and the
United States will be held in Dhaka at a mutually
convenient time.
A month earlier, the acting Assistant Secretary of
Commerce and the Director General of the US and
Foreign Commercial Service, Ian Steff encouraged
Bangladesh to remove remaining trade barriers
to ease doing business, for mutual economic and
commercial ties to continue to grow rapidly. Ian
Steff made his first visit to Dhaka, from May 11-13,
to participate in a 2019 Trade Winds Indo-Pacific
Forum and Mission, and to promote US-Bangladesh
trade and investment.
Monthly business magazine
December, 2019