Bangladesh and Japan today underscored the need to strengthen their longstanding economic relations and expand cooperation in alternative financing to accelerate infrastructure development and deepen bilateral economic partnership.
The issue came up at a bilateral meeting between Finance Minister Amir Khosru Mahmud Chowdhury and his Japanese counterpart Satsuki Katayama at the Japanese Finance Minister’s office in Tokyo, according to a finance ministry media release received here today.
Japanese Assistant Finance Minister Mimura Atsushi also attended the meeting, which took place in a cordial atmosphere.
During the meeting, the two sides recalled the longstanding and strong economic relations between Bangladesh and Japan and held detailed discussions on ways to take their bilateral and economic partnership to a new height, said the release.
Read next Govt Moves to Revive 'Village Government System' after 17 YearsThey put special emphasis on expanding economic cooperation through alternative financing mechanisms beyond foreign direct investment (FDI), alongside infrastructure development and trade expansion.
Both sides expressed their agreement to take effective initiatives to make the existing economic partnership more dynamic and explore opportunities for cooperation in new sectors.
Special Assistant to the Prime Minister on Investment and Capital Market Affairs Tanvir Ghani and senior officials from both countries were also present at the meeting.
Japan remains one of Bangladesh’s major development partners. Japanese financing has supported several large-scale infrastructure and social development projects in Bangladesh in the past, while the two countries continue to implement important projects and sign new agreements.
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Reported by Staff Reporter • Edited by the Daily Best News desk. Send corrections to [email protected].
