Ankara, Turkey – Bangladesh’s Ambassador to Ankara, Mosud Mannan, invited Turkish officials and investors to his country.
Bangladesh’s Ambassador to Ankara, Mosud Mannan, said the volume of bilateral trade between Turkey and Bangladesh will increase exponentially in the near future.
Assessing the official visit of Foreign Minister Mevlut Cavusoglu to Bangladesh, Mannan noted that cooperation in many areas, from bilateral trade to Arakanese Muslims, has been discussed and explained the developments that are expected to be implemented in the future.
Ambassador Mannan emphasized the importance of Minister Cavusoglu’s visit to Bangladesh in terms of developing relations between the two countries and said, “despite his busy schedule, Mr. Cavusoglu held very productive meetings with Prime Minister Sheikh Hasina and Foreign Minister Abul Kalam Abdul Momen in terms of bilateral relations in Bangladesh. the phrase ” used.
Recalling that Cavusoglu previously visited the country in 2018 immediately after the Arakan refugee crisis began, Mannan said: “during this second visit of the minister to our country, issues of developing economic relations as well as Arakan refugees were discussed. I hope that the trade volume between Turkey and Bangladesh will double in the very near future., “he said.
“Our country is a very attractive country”
Mannan, who invited Turkish investors to Bangladesh, noted:
“Bangladesh is a country with very attractive opportunities for Turkish investors. Currently, some large Turkish companies have large investments in our country. In the near future, we hope that more Turkish companies will invest in Bangladesh. We also need joint ventures. Some of these initiatives can be carried out in Turkey and some in Bangladesh. In this way, we not only increase the volume of trade among ourselves, but also have the opportunity to market the products and services we co-produce to the rest of the world.”
Even during the outbreak of the new type of coronavirus (Covid-19), trade and economic relations between the two countries should increase, underlining Mannan, “due to the outbreak, we should not delay our bilateral trade volume targets. In accordance with the new normal, we must accelerate our activities and grow our bilateral trade.” said.
Mannan says on Arakanese asylum seekers:
“On behalf of Bangladesh, I thank Mr. President Recep Tayyip Erdogan and the Turkish people for their help with Arakanese refugees. Turkey became one of the first countries to come to the aid of these people who took refuge in Bangladesh in this crisis and offered its support in all respects. I hope that we will continue to support them in the coming period and together we will ensure that these people return to their country safely.”
Prime Minister Sheikh Hasina invites diverse investors
Prime Minister Sheikh Hasina took advantage of the India Economic Forum to highlight the country’s progress in recent times, especially the issue of Bangladesh graduating to a middle income from LDC. The premier also sought investment from major Indian investors who were present during the forum. PM highlighted the geographic importance of Bangladesh’s position, calling it a ‘lucrative economic hub’ between South Asia, China and South-East Asia. She further described the country as a moving towards becoming a high-value, knowledge-intensive society, beyond apparel and manufacturing.
She invited foreign investment in diverse sectors such as artificial intelligence, automotive industry, electronics, light engineering and education. The PM’s primary focus during four-day official visit to India would be further strengthening economic relations and to woo foreign investment. As Bangladesh gradually transforms from a lowest income country to a middle income one, foreign investment is one of the key priorities as our economic growth is still on the rise. Moreover, we must shift our industry focus from manufacturing in order to attract investment in diverse sectors.
In the era of the fourth-industrial revolution, Bangladesh must adapt to the changing trends in global commerce and put stronger emphasis on improving the IT and digital sectors. One of Bangladesh’s biggest strengths is its youth population. With declining birth rates and aging population plaguing many developed countries such as Japan, Bangladesh must swoop in to utilize this opportunity by training its workforce in skills that are essential for the global industry.
The government’s initiative to establish 100 Special Economic Zones is sure to attract foreign investors not only from India but from other parts of the world as well. Twelve of the zones are already functioning. A number of high-tech parks are also ready for technology and innovative enterprises. The plan of the government to transform the country into an economic hub by utilizing our geographic position will surely go a long way in ensuring the country’s progress and development.