Bangladesh provides a favorable trade and investment environment, with South Korean investors expected to expand their presence, according to Commerce Adviser Sheikh Bashiruddin. During a meeting with South Korea’s Ambassador to Bangladesh, Mr. Park Young-sik, discussions focused on boosting bilateral trade, exploring a potential Free Trade Agreement (FTA), and increasing South Korean investments in key sectors like light engineering, leather, and export processing zones (EPZs).
Bashiruddin emphasized that Bangladesh’s recent student-led uprising has opened new growth opportunities, and the government’s achievements in its first 100 days align with public expectations. He highlighted the mutual benefits of a Bangladesh-Korea FTA in strengthening trade ties and fostering people-to-people connections.
Ambassador Park praised Bangladesh’s large youth population and reaffirmed South Korea’s commitment to enhancing their technological skills through training centers. He noted that South Korea has diversified its investments across various Bangladeshi sectors, distinguishing itself from other nations, and expressed confidence in continued growth in South Korean investments.
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