Play store
Bangladesh and Japan have agreed to strengthen their longstanding economic ties and expand cooperation in alternative financing to accelerate infrastructure development and deepen their bilateral economic partnership.
The issue was discussed at a bilateral meeting between Finance Minister Amir Khosru Mahmud Chowdhury and his Japanese counterpart Satsuki Katayama at the Japanese Finance Minister’s office in Tokyo on Friday, according to a Finance Ministry press release.
Japanese Assistant Finance Minister Mimura Atsushi also attended the meeting, which was held in a cordial atmosphere.
The two sides recalled the longstanding economic relations between the countries and discussed ways to elevate their bilateral and economic partnership to a new level, the release said.
They placed particular emphasis on expanding economic cooperation through alternative financing mechanisms beyond foreign direct investment (FDI), alongside infrastructure development and trade expansion.
Both sides agreed to take effective initiatives to make the existing economic partnership more dynamic and explore opportunities for cooperation in new sectors.
Special Assistant to the Prime Minister for Investment and Capital Market Affairs Tanvir Ghani and senior officials from both countries were also present.
Japan remains one of Bangladesh’s major development partners, having provided financial support for several large-scale infrastructure and social development projects.
The two countries are continuing to implement key development projects and sign new agreements to expand their economic cooperation.
