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AmCham for branding Bangladesh as an investment destination through 'strategic diplomacy'

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AmCham advocated for measures for the ease of business operation for the existing US investors and a transparent predictable legal and regulatory environment for attracting potential foreign direct investment (FDI)

UNB

Publisted at 3:36 PM, Thu Oct 10th, 2024

American Chamber of Commerce in Bangladesh (AmCham) President Syed Ershad Ahmed has emphasised the importance of branding Bangladesh as an investment destination through "strategic diplomacy."

He advocated for measures for the ease of business operation for the existing US investors and a transparent predictable legal and regulatory environment for attracting potential foreign direct investment (FDI). 

Ershad Ahmed led an AmCham delegation during a meeting with Foreign Affairs Adviser Md Touhid Hossain and discussed the issues. 

Director General (North America Wing) at the Ministry of Foreign Affairs Khandker Masudul Alam, Director Samia Israt Ronee and other North America Wing team members were present at the meeting held on Wednesday. 

The delegation also addressed visa processing facilitation across several countries, highlighting its significance in supporting international business operations.

The adviser expressed his commitment to these matters, assuring the delegation that these issues are under active consideration. He also encouraged ongoing collaboration for necessary support. 

The AmCham team reiterated their commitment to fostering strong relationships with the Ministry of Foreign Affairs and promoting favourable policies that promote trade and investment in Bangladesh. 

The AmCham president also handed over “AmCham Recommendations: The Way Forward” and a couple of AmCham research reports related to Bangladesh trade and business.

Along with Syed Ershad Ahmed, Rubaba Dowla, Country Managing Director, Bangladesh, Nepal, and Bhutan, Oracle Corporation; Ala Uddin Ahmad, CEO, MetLife; Habib Bhuiyan, Country Manager, Excelerate Energy Bangladesh Ltd; Kabir Ahmed, Chairman, Conveyor Logistics Limited and President, BAFFA; Momshad Ali Khan, Director, Coca-Cola Bangladesh Ltd.; and Chowdhury Kaiser Mohammad Riyadh, Secretary, AmCham Bangladesh were present at the meeting.

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