DHAKA: The American Chamber of Commerce in Bangladesh (AmCham) and the United States embassy in Dhaka have organized the event. Addressing the event as its chief guest, Bangladesh Commerce Minister Tofail Ahmed urged entrepreneurs in the United States to come forward to invest in Bangladesh. “Foreign entrepreneurs could make investments here… The government has withdrawn double tax system for export items.”
Calling the United States a large trade partner, he said Bangladesh exports products of $7 billion and imports goods worth nearly $1 million annually, but the US does not provide duty and quota free access to Bangladeshi garment products as per the World Trade Organisation (WTO) decision.
The minister said Bangladesh is going to graduate from the Least Developed Countries.
US Ambassador to Bangladesh Mercia S Bernicat and AmCham acting President Shadab Ahmed Khan, among others, were present at the event.
More than 150 US companies, represented by 43 exhibitors from home and abroad, are participating in the show.
Four seminars will also be held during the event. A seminar styled “Doing Business in America: Business Visas” and “Doing Business in the Bangladesh: What Can the US Embassy Do for Your Company” will be organized on Friday.
