Sunday, March 6, 2016

US-BD economic ties deepening gradually

                                Nizam Ahmed
Economic ties between the United States and Bangladesh are deepening gradually as the entrepreneurs and traders of the former continue to show their active interest in the latter as an attractive place for investment and a competitive source, mostly for apparels, traders and officials said on Tuesday.
Following the tragic fire incident at a factory of the Tazreen Fashions Ltd at Ashulia that killed 111 workers late last month, the rate of order for apparels from the US has turned normal after a few days' slow pace, officials at the Bangladesh Garment Manufacturers and Exporters Association (BGMEA) said.
The US investors are also among the interested parties that have registered their investment proposals in different sectors mainly in energy over the last couple of months, according to the Board of Investment (BoI).
However, the diplomatic relations between the two governments, according to some diplomats and analysts, are somewhat less warm, particularly over the past couple of years, than before.
Prime Minister Sheikh Hasina did not find a time to meet visiting US assistant secretary of state for South and Central Asian Affairs Robert O Blake last week, they noted.
"We are not convinced that the prime minister did not get time to meet the US assistant secretary of state for her preoccupation," a former senior government official said requesting not to be identified.
During the visit of Mr Blake, the prime minister had given time for relatively less important events, he said.
It was for the first time that a US State Department official of that rank concluded his/her visit to Bangladesh without meeting the prime minister of the country, said officials at the ministry of foreign affairs.
Earlier the US Ambassador to Bangladesh Robert W Mozena also could not find a schedule to meet the Prime Minister Sheikh Hasina over the last couple of months, despite his request, officials at the US embassy in Dhaka said.
This is also unprecedented that a US ambassador has to wait so long to have an interaction with the prime minister of Bangladesh.
Source: The Financial Express, 19 December 2012

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