Bangladesh Seeks Investment and Trade Partnership with European Union, says BSEC Chairman Professor Shibli-Rubayat-Ul-Islam.
In a recent summit held in Brussels, Belgium, titled “The Rise of the Bengal Tiger: Potentials of Trade and Investment in Bangladesh and the EU Countries,” Professor Shibli Rubayat-Ul-Islam, Chairman of the Bangladesh Securities and Exchange Commission (BSEC), emphasized the importance of establishing a trade and investment partnership with the European Union (EU). The summit, organized in collaboration with the Bangladesh Securities and Exchange Commission and the Bangladesh Investment Development Authority, aimed to foster bilateral economic ties between Bangladesh and Belgium, as well as other EU member states.
Prof. Shibli Rubayat-Ul-Islam delivered a presentation titled “Fifty Years of Bangladesh: The Rise of the Bengal Tiger” at the summit. He highlighted the strategic and convenient position of Bangladesh in South Asia and the potential opportunities for its young and vibrant workforce. Furthermore, he discussed various aspects of Bangladesh’s recent economic development, including its impressive economic growth, poverty reduction, improvements in child mortality rates, increased food production, women’s participation in the workforce, demographic dividend, skilled labor force, and political stability.
Prime Minister Sheikh Hasina’s video message was screened at the summit. In a video message, Sheikh Hasina thanked everyone who participated in the summit organized jointly by BSEC and BIDA. He mentioned Bangladesh’s cordial bilateral relations and cooperation with Belgium and the European Union.
He highlighted various aspects of the economic and infrastructural development of Bangladesh in recent times. He said that Bangladesh has become a 465 billion dollar economy from a 70 billion dollar economy in just 15 years and Bangladesh is on the way to become a developed smart country with a trillion dollar economy.
The BSEC Chairman outlined the favorable aspects of investing in Bangladesh and encouraged the European Union to be part of Bangladesh’s journey toward becoming a smarter nation. He stressed that Bangladesh is well-positioned to become a hub for trade and commerce, with a rapidly growing trade volume.
During the summit, a panel discussion titled “Trade and Investment Opportunities in Bangladesh” took place. Among the panelists were Ambassador Mahbub Hasan Saleh, Bangladesh’s Ambassador to Belgium, Luxembourg, and the European Union; Mohammed Mokammel Hossain, Secretary of the Ministry of Civil Aviation and Tourism; AKM Nurul Fazal Bulbul, Vice Chairman of the Central Depository Bangladesh Limited (CDBL); and Shaikh Yusuf Harun, Managing Director of Bangladesh Economic Zones Authority (BEZA).
Notably, as part of an ongoing initiative to promote Bangladesh as an attractive destination for foreign investment, the “Bangladesh Investment Summit” is being organized in various countries worldwide. The Brussels summit showcased the continuity of this approach and highlighted the unique opportunities that Bangladesh offers to investors and businesses from Belgium and EU member states.
