Government Policy

President Hamid courts Uruguayan investment expansion in ties

President Abdul Hamid urged his Uruguayan counterpart Luis Lacalle Pou to encourage his countrys entrepreneurs to invest in Bangladeshs potent sectors such as energy ICT and infrastructure.

The President said this at bilateral talks held at the Presidential Palace in Montevideo on Monday noon.

President Press Secretary Joynal Abedin briefed the reporters after the meeting.

He said quoting the President that Bangladesh in the meantime set up 100 Special Economic Zones (SEZs) with the necessary opportunities for investment where the foreign investors can invest there.

Congratulating the new President of Uruguay Hamid said Bangladesh always gives priority to develop the bilateral as well as multilateral relationship among all countries across the world.

During the discussion on various bilateral issues between the two states the President gave a salient feature of socioeconomic development of Bangladesh which has meantime attained a developing country status.

He told his host that Bangladesh produces worldclass readymade garments (RMG) medicine and ceramic as well.

Stressing on the visitexchange between the parliament members or public representatives and mass people of Bangladesh and Uruguay to utilize the potentials of the two countries President Hamid called upon the Uruguayan Government to make obtaining the VISA easier for the diplomatic and official passport holders.

Mentioning the trained manpower of Bangladesh he said they can play a very positive role in the development of Uruguay.

He also invited his Uruguayan counterpart to visit Bangladesh at a suitable time.

President Luis Pou expressed his gratitude to his Bangladeshi counterpart Hamid for joining his Presidential Command Transfer Ceremony and also expressed his positive attitude to invest in Bangladesh in the future.

Luis Pou reiterated his necessary supports in coming days on the Rohingya issue and hoped that relations between Montevideo and Dhaka in different fields would be expanded in future.

Uruguay President is very keen to sign a free trade deal between MERCOSUR and Bangladesh to enhance the bilateral and regional commerce.

MERCOSUR is an economic and political bloc comprising Argentina Brazil Paraguay Uruguay and Venezuela.

During the meeting Bangladesh Ambassador to Uruguay Md Julfikar Rahman and Presidents Secretary Sampad Barua accompanied Abdul Hamid.

The President joined the state ceremony at Montevideo where Uruguays newly elected president Luis Lacalle Pou of the National Party (PN) was sworn in on Sunday noon (Uruguay time) as President for the period of 20202025.

Source: United News of Bangladesh