Bangladesh and the United States Agency for International Development (USAID) have signed the sixth amendment to the Development Objective Grant Agreement (DOAG).
The agreement was formalised following a meeting with the US delegation on Sunday (15 September), said a press release.
Finance Adviser Dr Salehuddin Ahmed stated that discussions covered financial transactions, market operations, and the issue of repatriated funds.
The new agreement adds an additional $200 million to the previous contract.
Meanwhile, USAID Deputy Assistant Administrator Anjali Kaur affirmed that the United States will continue to collaborate with Bangladesh.
She highlighted that the additional $200 million will be used to further advance democracy, human rights, societal, and economic development in the country.
