Crown Prince Mohammed bin Salman of Saudi Arabia on a visit to Bangladesh

The Minister of Commerce said that the work of building 100 special economic zones in important places of Bangladesh on the initiative of Prime Minister Sheikh Hasina is progressing rapidly, the work of some of them has already been completed. Bangladesh expects more Saudi investments in these.

Bangladesh has enough skilled manpower, Bangladesh is a big market for various products. In terms of investment, the Bangladesh government is providing various attractive opportunities. A large delegation led by Crown Prince Mohammed bin Salman Al Saud of Saudi Arabia will participate in the business summit to be held in Dhaka next March.

Ambassador of Saudi Arabia Isa Yousef Isa Alduhailan said at this time, "Bangladesh is a friendly country of Saudi Arabia." The fraternal and commercial relations with Bangladesh are long standing. Saudi Arabia is Bangladesh's development partner. Saudi Arabia gives more importance to Bangladesh in terms of investment and trade. A large delegation led by Saudi Arabia's Crown Prince Mohammed bin Salman Al Saud will participate in the business summit to be held in Bangladesh.

Commerce Minister Tipu Munshi, a veteran freedom fighter, said that Saudi Arabia is a friendly country of Bangladesh and a long-time major business and development partner. Several products including clothing, bakery items, vegetables, juice, footwear are exported to Saudi Arabia. A large number of Bangladeshi manpower is working in Saudi Arabia. Bangladesh imports various products including petroleum wells, petroleum gas, fertilizers, dates from Saudi Arabia. In the last fiscal year 2021-2022, Bangladesh exported goods worth USD 290.64 million to Saudi Arabia. During the same period it imported goods worth 1,693.26 million US dollars. 

Earlier, Gambia's Foreign Minister, who was visiting Dhaka with him in the office of the Minister of Commerce. A 6-member delegation led by Mamadou Tangara paid a courtesy visit. During this time, views were exchanged on various aspects of business and investment of both the countries.

Later, the Minister of Commerce exchanged views with the incoming delegation led by Canadian High Commissioner Lily Nicholls in the office room of his official residence in Dhaka. Meanwhile, Canada's High Commissioner proposed the export of Kelowna and Kelowna Biz edible oil to Bangladesh at the government level. The Commerce Minister said to seriously consider this matter. 

At that time, the Minister of Commerce said that Canada is a big market for clothes made by Bangladesh. He urged Canadian investors to invest in Bangladesh.