Sunday, 1 October, 2023

Japan to extend full co-op to Bangladesh for becoming a high income nation by 2041

  • Diplomatic Correspondent
  • 24th July, 2023 07:13:49 PM
  • Print news

Visiting Japan’s Minister for Economy, Trade and Industry (METI) Nishimura Yasutoshi Japan has assured to extend full cooperation to Bangladesh in her endeavor to become a high income country by 2041.

He also informed that Japan is currently studying the preferential treatment that can be accorded to Bangladesh upon her graduation to a middle income country. An Economic Partnership Agreement (EPA) in this regard would help, he added.

Nishimura made the assurance during a bilateral meeting with State Minister for Foreign Affairs Md. Shahriar Alam at the State Guest House Jamuna in Dhaka on Monday (July 24).

Earlier, Minister Nishimura arrived in Dhaka on Sunday (July 23) on a two-day official visit. This is the first time ever a Minister of the METI in Japan is visiting Bangladesh.

Japanese Minister Nishimura referred to the ‘Strategic Partnership’ of diplomatic relations jointly declared by the two Prime Ministers during the Japan visit of Prime Minister Sheikh Hasina in April 2023.

He expressed his satisfaction on the mega projects carried out in association with Japan. He praised Bangladesh’s youth and energetic population as well as the strategic location between the South and the South East Asia.

State Minister Shahriar Alam reiterated the commitment of Prime Minister Sheikh Hasina to make Bangladesh as a high income country by 2041. He briefed on the development achievements carried out by the government in last one-and-a-half decade.

The State Minister referred to the ongoing mega projects of Bangladesh-Japan collaboration and stressed on the need of such joint ventures to materialise Bangladesh’s vision of becoming a smart and developed country.

Shahriar also invited more Japanese investment including that in the sectors of infrastructural development, ICT, human resources development and renewable energy.

He approached to keep up the existing preferential treatment to Bangladesh following her complete graduation to a middle income country.

State Minister Shahriar Alam thanked Minister Nishimura for Japan’s continuous support towards the development and progress in Bangladesh.