Lithuanian entrepreneurs urged to invest in Bangladesh | 2018-09-05 | daily-sun.com

Lithuanian entrepreneurs urged to invest in Bangladesh

Staff Correspondent     5 September, 2018 12:00 AM printer

The Ministry of Foreign Affairs urged the Lithuanian government for more engagement and investment in Bangladesh, especially in readymade garment (RMG) sector.

Ambassador Kamrul Ahsan, Secretary (Bilateral & Consular) of the Ministry of Foreign Affairs, made the invitation while holding the foreign office consultations (FOC) between the Foreign Ministries of Bangladesh and Lithuania at Vilnius recently.

The ambassador called upon the Lithuanian businessmen to set up joint ventures in Bangladesh, especially in the garments sector. The Bangladesh side also urged the Lithuanian government to ease the business visa while the Lithuanian vice-minister assured that they will consider the matter.

Both sides discussed the importance of Government-to-Government contacts and institutional cooperation for promoting the economic cooperation.

The Lithuanian side informed that they have expertise in ICT, e-commerce, e-governance and aviation maintenance sectors. At present two Lithuanian companies are working in IT sector in Bangladesh.

The Bangladesh side encouraged the Lithuanian side to be engaged in Bangladesh IT sector and invest in the country’s potential sectors. They also urged to get land at High-Tech Parks.

Bangladesh delegation comprised of Ambassador Ahsan, as Head of Delegation, Dr SM Saiful Hoque, Bangladesh Ambassador in Moscow and concurrently accredited to Lithuania, Director General (East Europe & CIS) and Embassy officials.

Lithuanian delegation comprised of Albinas Zananavičius, Vice-Minister of Lithuania Foreign Ministry as Head of Delegation, Director General (Asia & Pacific, Latin America and Africa), Director General (UN and HR) and other officials of Lithuanian Foreign Ministry.

The Lithuanian Vice Minister assured that they will consider the matter. Both sides agreed that Agreement on Cooperation in the Field of Agriculture and MoU between Metropolitan Chamber of Commerce and Industry (MCCI), Bangladesh and Lithuanian Confederation of Industrialists (LPK) will be signed soon.

Both sides agreed that agreement on cooperation in the field of agriculture and MoU between Metropolitan Chamber of Commerce and Industry (MCCI), Bangladesh and Lithuanian Confederation of Industrialists (LPK) will be signed soon, said the Foreign Ministry sources in Dhaka on Tuesday.

Memorandum of Understanding (MoU) on Foreign Office Consultations, as agreed, will be signed too.

During the FOC, Ambassador Ahsan appreciated the Lithuanian side for hosting the FOC. He called for more engagement and investment of the Lithuanian government in Bangladesh.

 


Top