Tokyo:Bangladesh and Japan today emphasized the necessity to fortify their economic relations and broaden cooperation in alternative financing to boost infrastructure development and deepen their bilateral economic partnership.
According to Bangladesh Sangbad Sangstha, this topic was highlighted during a bilateral meeting between Bangladesh's Finance Minister Amir Khosru Mahmud Chowdhury and Japan's Finance Minister Satsuki Katayama at the Japanese Finance Minister's office in Tokyo. The meeting was also attended by Japanese Assistant Finance Minister Mimura Atsushi and took place in a cordial setting.
During the discussions, both nations reiterated their longstanding and robust economic ties and explored methods to elevate their bilateral and economic partnership. Special focus was placed on expanding economic cooperation through alternative financing mechanisms beyond foreign direct investment (FDI), alongside infrastructure development and trade expansion.
Both parties agreed to undertake effective initiatives to invigorate the existing economic partnership and to explore new sectors for cooperation. The meeting was also attended by Special Assistant to the Prime Minister on Investment and Capital Market Affairs Tanvir Ghani and senior officials from both countries.
Japan remains a significant development partner for Bangladesh, having supported numerous large-scale infrastructure and social development projects in the past. Both countries continue to implement important projects and sign new agreements, reflecting their strong economic collaboration.