Bangladesh and the United States are opening new chapters of strategic cooperation as the two countries celebrate their enduring friendship, Finance and Planning Minister Amir Khosru Mahmud Chowdhury said on Wednesday evening.
Speaking at the US National Day event at the United Convention Centre in Dhaka, he said the partnership was entering “new frontiers of strategic importance” as Bangladesh advances towards a modern, knowledge-based economy.
He said Bangladesh and the US signed a memorandum of understanding on energy cooperation last week aimed at strengthening Bangladesh’s long-term energy security through diversification of sourcing, technological exchange and collaboration in LNG, bio-energy and other emerging energy sectors.
“The interim government signed a reciprocal tariff agreement with the US days before the February election. Bangladesh’s import is increasing rapidly from the US following the deal,” the minister said.
On April 30, Biman Bangladesh Airlines signed an agreement with US aircraft manufacturer Boeing to purchase 14 aircraft.
Amir Khosru said Bangladesh and the US were expanding cooperation in technology, digital connectivity, innovation and emerging industries, ranging from digital infrastructure and cyber security to advanced manufacturing and the growing potential of semiconductor-related industries.
“We believe American technology expertise and investment can play a transformative role in unlocking the immense potential of our young population,” he said. “Digital transformation and investment-friendly environment is what we seek in this journey.”
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