In the backdrop of the free trade agreement between the European Union (EU) and Ukraine likely to be concluded soon, exporters from Bangladesh stand the opportunity of availing duty-free access of Bangladeshi exports items to Ukraine, underlined outgoing Ukrainian Ambassador to Bangladesh Oleksandr Shevchenko.
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The non-resident Ukranian Ambassador (who is based in New Delhi, India) said this during a meeting with Bangladesh’s State Minister for Foreign Affairs Md. Shahriar Alam at his office recently, while emphasising on strengthening the existing bilateral relations between Bangladesh and Ukraine, as well as expanding economic cooperation for the betterment of the people of the two countries.
For opening new areas of cooperation in the field of trade, commerce and investment, Shahriar Alam proposed regular exchange of trade delegations between the two nations.
Alam also welcomed the Ukrainian investors to take advantage of the investment-friendly climate for Foreign Direct Investment (FDI) and abundant trainable and competitive young work force available in Bangladesh.
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Of late, Bangladesh as a FDI destination is increasingly becoming popular. According to the Commerce Minister of Bangladesh Tofail Ahmed, the country offers the most flexible foreign direct investment policy and as such has proved itself to be the most attractive destination in the South Asian region. According to Ahmed, investors from Asia, Europe and North America have already invested and continue to invest in various sectors in Bangladesh. His views have also been endorsed by the Foreign Affairs Advisor to the Prime Minister, Dr Gawhar Rizvy, who went on to observe that “Bangladesh is turning out to be one of the most preferred destinations for foreign direct investment as there is no break in policy continuity at the Government level.”
