Canada expresses interest in boosting trade, investment in Bangladesh

Canada has shown interest in broadening trade and investment ties with Bangladesh. This sentiment was conveyed by Canada's Indo-Pacific Trade Representative, Paul J. Thoppil, during a meeting at the Ministry office with Industry Minister Nurul Majid Mahmud Humayun on Sunday (May 19).

At the meeting, Canada's Indo-Pacific trade representative underscored the significance of enhancing trade and investment with Bangladesh. Expressing a warm welcome to the delegation, the Minister of Industry affirmed that the Ministry would extend full cooperation.

The Industry Minister said, "Bangladesh stands as one of the world's fastest-growing economies, attracting significant interest from developed nations like Canada. Several countries, including China, Japan, South Korea, and India, are making substantial investments in Bangladesh."

"Bangladesh has an investment-friendly environment with political stability, low-wage skilled labor and necessary infrastructure," he added.

Canada's trade representative said, "We are interested in investing in Bangladesh on a large scale with far-reaching goals and objectives in mind. Through this, commercial relations between the two countries will be strengthened and both sides will benefit."