Bangladesh delegation led by Salman F Rahman meets World Bank Officials in Washington, DC

To meet the needs of its growing economy and boost export growth, the Bangladesh government has been easing the rules and regulations— thereby facilitating the country’s “Vision 2021”. Furthermore, the country’s recent growth trajectory and progress resulted in a significant reduction in poverty, thus improving the lives of millions of people.

Over the years, Prime Minister Sheikh Hasina led government has been emphasizing upon bolstering trade and increasing foreign investments, which now seems to yield good results for the South Asian nation.

There has been active governance in the country, where Prime Minister Sheikh Hasina and her Private Industry and Investment adviser Salman F Rahman have orchestrated several meetings and seminars with foreign officials and diplomats. To enhance development activities in Bangladesh, Salman F Rahman recently held a meeting with World Bank officials at its headquarters in Washington, DC.

The delegation led by Rahman also included Mohammad Shafiul Alam, alternate executive director for Bangladesh in the World Bank, and Md Sirazul Islam, executive chairman of Bangladesh Investment Development Authority (BIDA).

Samia Msadek, director for strategy and operations in South Asia, and Caroline Freund, the World Bank Group’s global director for Trade, investment and competitiveness, among others attended the recent meeting.

In a recent statement, Salman’s office mentioned that the meeting was centered on Bangladesh’s rising economy and how investments for the World Bank Group can further complement it. He outlined the remarkable progress of the country under the leadership of Prime Minister Sheikh Hasina, and further urged the global lending group to support the journey.

Both, World Bank officials and the Bangladesh delegation mutually agreed to extend collaboration for enhancing the industrial capacity, such as building of BIDA, and skill development to face the challenges of the fourth Industrial Revolution.

To ease the process for investors across the world, Bangladesh Economic Zones Authority has already launched its “One Stop Service Center”—for enhancing service delivery and improving the World Bank Group’s Doing Business ranking.

In addition to the meeting, the Bangladesh delegation also attended some programs at the World Bank headquarters, where Rahman met Alice Wells, an American diplomat based in Washington.

During the meeting, he focused on fostering investment climate in Bangladesh. He further stressed upon the importance of bilateral ties between the two countries, given the significant and excellent opportunity Bangladesh provides for the investors.

Salman F Rahman also highlighted the “strong” macroeconomic indicators and the “attractive” trade and investment opportunities in Bangladesh. In both the programs, he mentioned that Bangladesh has reached a “commendable” position due to the “brave and prudent leadership of Prime Minister Sheikh Hasina”.