Istanbul:Bangladesh's Commerce Minister Khandakar Abdul Muktadir has called for increased Turkish investment in several key sectors of Bangladesh's economy, including leather, non-leather, readymade garments, and shipbuilding. This appeal was made during a bilateral meeting with Turkish Trade Minister Omer Bolat at the Hilton Hotel in Istanbul.
According to Bangladesh Sangbad Sangstha, the meeting focused on expanding bilateral trade and investment ties between Bangladesh and Turkiye, while also addressing existing challenges. Muktadir emphasized the need to remove customs barriers and reduce additional tariffs on Bangladeshi exports to the Turkish market.
The Commerce Minister encouraged Turkish entrepreneurs to explore investment opportunities in Bangladesh's promising industrial sectors. He highlighted the potential of the leather and non-leather goods, readymade garments, and shipbuilding industries. Additionally, Muktadir sought cooperation from the Turkish trade minister to eliminate tariff and customs-related barriers that Bangladeshi products face in the Turkish market.
Both countries expressed positive sentiments towards transforming their longstanding friendly relations into a broader commercial partnership. The meeting included senior officials from both sides, and both parties showed a commitment to expanding bilateral trade and addressing current barriers to trade and investment.
Commerce Minister Muktadir is in Turkiye to attend the 42nd COMCEC Ministerial Meeting.