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US is largest source of investment in Bangladesh, other Indo-Pacific countries: Embassy

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United States is the largest source of foreign direct investment in the Indo-Pacific region, nearing $1 trillion as of 2021, and the largest source in Bangladesh, with over $4.3 billion invested and counting, said the US Embassy in Dhaka.

 

The fifth Indo-Pacific Business Forum will be held virtually on January 12 which will encourage people to engage with Indo-Pacific and U.S. businesses.

 

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Together with its co-host, the government of Japan, the US will underscore their shared commitment to the region and highlight the economic ties that have contributed to Indo-Pacific prosperity and interconnectedness, said the Embassy.

 

The governments of the United States of America and Japan will welcome senior government officials, industry executives and other stakeholders to the 5th Indo-Pacific Business Forum.

 

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Hosted and sponsored by the U.S. Trade and Development Agency, in partnership with the Ministry of Foreign Affairs of Japan and the U.S. Department of State and in cooperation with the Ministry of Economy, Trade and Industry of Japan, the Indo-Pacific Business Forum (IPBF) is the premier public-private U.S. government event to promote trade, investment and economic cooperation between the United States and its partners throughout the Indo-Pacific region.

 

The event in Tokyo, Japan, will be complemented with robust virtual components for participants based in the United States, other Indo-Pacific countries, and around the world.

 

Source: United News of Bangladesh