BD, Türkiye move to strengthen trade, investment ties

Turkish Ambassador to Bangladesh Ramis Sen called on Commerce Minister Khandaker Abdul Muktadir on Wednesday at the secretariat in Dhaka to discuss expanding bilateral trade, increasing investment, and strengthening economic cooperation between the two nations.

During the meeting, Muktadir highlighted the long-standing friendly relations between Bangladesh and Türkiye, noting significant opportunities for further collaboration.

He emphasised the potential for joint ventures in several key sectors, including ready-made garments (RMG), textiles, agro-based industries, and light engineering.

The minister specifically invited Turkish entrepreneurs to invest in leather and jute products, pointing out that Bangladesh's lower production costs offer a competitive advantage for investors seeking rapid returns.

In response, the ambassador praised the rapid economic growth of Bangladesh and the availability of skilled human resources, which he identified as major attractions for Turkish investors.

He particularly lauded Bangladesh's eco-friendly jute products, noting their popularity in the Turkish market.

The ambassador also congratulated Muktadir on his appointment as commerce minister following his victory in the national election.