Industry

UCC to create new opportunities for US companies in Bangladesh

The US Chamber of Commerce (USCC) has

showed its confidence to create new opportunities for US companies in

Bangladesh while launching US-Bangladesh Business Council on Tuesday

focusing to strengthen the bilateral commercial partnership between

the two nations.

“The United States is one of Bangladesh’s most important trading

partners, and over the past decade we’ve seen an impressive growth

trajectory that we are confident will create new opportunities for US

companies,” USCC’s executive vice president and head of international

affairs Myron Brilliant said.

He made the remarks at the launching ceremony of US-Bangladesh

Business Council formed to serve as a platform for American businesses

to engage both governments and promote opportunities for business to

drive mutually beneficial economic growth, a press release said here.

Myron said launching of the US-Bangladesh Business Council reflects

the US Chamber of Commerce’s commitment to advance efforts to deepen

trade and investment ties between the two countries.

“We believe the Council will serve as the premier bridge between

business and government leaders in both countries,” he said.

US Chamber of Commerce Senior Vice President for South Asia Nisha

Biswal will lead the U.S.-Bangladesh Business Council.

Biswal, who served as Assistant Secretary of State for South and

Central Asian Affairs under President Barack Obama, said Bangladesh

has seen tremendous growth and so too has its partnership with the

United States under the leadership of Bangladesh Prime Minister Sheikh

Hasina.

“The US-Bangladesh business Council will work to strengthen trade

and investment between our two countries, promote transparency,

inclusion and market-based reforms so that we can ensure that the

coming decades continue to build prosperity and opportunity for the

people of Bangladesh,” he said.

The Council will be guided by a newly constituted US-Bangladesh

Business Council Board of Directors that includes Vice President

(Business Development) of Chevron Jay R. Pryor, Senior Vice President

of MetLife Elena Butarova, Public Policy Director of APAC Emerging

Countries, Facebook, Rafael Frankel, President and Chief Executive

Officer of Excelerate Energy Steven Kobos, Senior Vice President of

Global Government Engagement, Visa Ambassador Demetrios Marantis,

President of General Electric South Asia Mahesh Palashikar and Head of

South Asia of US Soybean Export Council Kevin Roepke.

The Council was launched with featured inaugural remarks of Prime

Minister Sheikh Hasina, as well as special addresses by Prime

Minister’s ICT Affairs Advisor Sajeeb Wazed Joy, Commerce Minister

Tipu Munshi, US Department of State Senior Official for Economic

Growth, Energy and the Environment Ambassador Marcia Bernicat, US

Ambassador to Bangladesh Earl Miller and Bangladesh Ambassador to US M

Shahidul Islam.

Source: Bangladesh Sangbad Sangstha (BSS)