June 17, 2024, 3:26 pm

Diplomatic correspondent

2023-05-18 22:41:23 BdST

Dhaka, Seoul high-level visits needed to tap full potential of existing relations: Shahriar

State Minister for Foreign Affairs Md Shahriar Alam has stressed on the exchange of high level visits between Bangladesh and South Korea to tap the full potential of the existing bilateral relations.

State Minister Alam expressed his happiness for the ongoing development activities between the two countries.

Outgoing South Korean Ambassador to Bangladesh Lee Jang-keun had a farewell meeting with the State Minister for Foreign Affairs at his office on Wednesday.

They exchanged views on furthering the bilateral cooperation in the sectors of trade & investment, skilled labour, connectivity, Indo Pacific, high level visits, people to people contact etc. 

Ambassador Lee highlighted on four major milestones that have been achieved during his tenure in Bangladesh.

These are: increase of bilateral trade (from USD 1.5 billion to USD 3 billion), ODA (USD 700 million to USD 3 billion), EPS Workers (from 1,500 to 10,000 per year) and FDI (USD 1.4 billion in 2022).

He also expressed his satisfaction for the ongoing Dhaka-Seoul direct flight and the inauguration of the assembling plants of 2 Korean giant companies - Hyundai and Samsung in Bangladesh.

The State Minister thanked the Ambassador for his successful tenure in Bangladesh and wished him success for his future assignment.

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