Business

Canada seeking to expand trade with Bangladesh

Canada is seeking ways to expand business with Bangladesh, Canadian High Commissioner to Dhaka Benoit Préfontaine says on June 27, 2019. Photo: Star/ Porimol Palma

Canada is seeking ways to expand business with Bangladesh, Canadian High Commissioner to Dhaka Benoit Préfontaine has said.

“We have appointed a senior trade commissioner to explore trade opportunities,” he told diplomatic reporters at a press meet today.

The interest grew because of the economic growth of Bangladesh. However, infrastructure and governance remain issues of concern, he said.

According to him, bilateral trade between the two countries stand beyond US $2.36 billion, what was US $600 million back in 2004.

For Bangladesh, the major export item to Canada is the readymade garments, which amounts to nearly US $1.5 billion annually.

The Canadian high commissioner mentioned, the country wants to export aerospace technology and helicopters to Bangladesh.

Diplomatic Correspondents Association of Bangladesh arranged the meet at Bangladesh Institute of International and Strategic Study.

Comments

Canada seeking to expand trade with Bangladesh

Canada is seeking ways to expand business with Bangladesh, Canadian High Commissioner to Dhaka Benoit Préfontaine says on June 27, 2019. Photo: Star/ Porimol Palma

Canada is seeking ways to expand business with Bangladesh, Canadian High Commissioner to Dhaka Benoit Préfontaine has said.

“We have appointed a senior trade commissioner to explore trade opportunities,” he told diplomatic reporters at a press meet today.

The interest grew because of the economic growth of Bangladesh. However, infrastructure and governance remain issues of concern, he said.

According to him, bilateral trade between the two countries stand beyond US $2.36 billion, what was US $600 million back in 2004.

For Bangladesh, the major export item to Canada is the readymade garments, which amounts to nearly US $1.5 billion annually.

The Canadian high commissioner mentioned, the country wants to export aerospace technology and helicopters to Bangladesh.

Diplomatic Correspondents Association of Bangladesh arranged the meet at Bangladesh Institute of International and Strategic Study.

Comments

হাসিনাকে প্রত্যর্পণে ভারতকে কূটনৈতিক নোট পাঠানো হয়েছে: পররাষ্ট্র উপদেষ্টা

পররাষ্ট্র মন্ত্রণালয়ে সাংবাদিকদের বলেন, ‘বিচারিক প্রক্রিয়ার জন্য বাংলাদেশ সরকার তাকে (হাসিনা) ফেরত চায়—জানিয়ে আমরা ভারত সরকারের কাছে একটি নোট ভারবাল (কূটনৈতিক বার্তা) পাঠিয়েছি।’

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