General

Japan’s cooperation for Bangladesh’s development to be continued

Japan has reassured Bangladesh that its cooperation and assistance for accelerating the economy of Bangladesh to be continued.

"Japan has a big investment in the country and they have interest to increase it further," said Finance Minister AMA Muhith at a press briefing at his secretariat office here after returning from Japan.

About his visit to Japan as very fruitful, he said, "During the visit, I met the president of Japan International Cooperation Agency (JICA) Shinichi Kitaoka and Japan's Finance Minister Taro Aso and discussed various bilateral issues."

The Japanese finance minister, Muhith said, has assured that there will have no restriction on the Japanese investors for doing business in Bangladesh as the Japanese government takes a decision to withdraw the travel advice for Japanese citizens on visiting Bangladesh. Japan issued the travel advice last year due to unavoidable circumstance.

Terming Japan as a friendly nation of Bangladesh, he said despite terrorist attack at a Gulshan Cafe on July 1, the position of Japan is in favour of Bangladesh as they did not issue any statement against Bangladesh.

JICA president also assured Muhith that they would continue to extend all assistance to Bangladesh. All projects of JICA in Bangladesh are running swiftly, he added.

Mentioning the government's efforts to make the investment climate favourable for foreign investors, he said the main aim of the Sheikh Hasina's government is to boost overall investment for expanding the market of Bangladesh's products across the globe.

"I think we are very much successful in achieving this aim of the Prime Minister," he added.

The government, he said, called for increasing investment. Bangladesh needs to increase its efficiency to attract investment, he said, adding, "We are now taking all necessary steps to enhance our overall efficiency including the workforce."

Source: Bangladesh Sangbad Sangstha (BSS)