The United Kingdom wants to support Bangladesh in reforming the banking, revenue, and capital market sectors for the sake of improving the business environment.
UK High Commissioner Sarah Cook conveyed this interest during a meeting with Finance Adviser Dr. Salehuddin Ahmed on Tuesday at his office in the Economic Relations Division (ERD) at Sher-e-Bangla Nagar.
Following the meeting, Dr Salehuddin highlighted the urgency of these reforms for Bangladesh. 'These are very immediate concerns for us because, without these reforms, it will be difficult for us to move forward,' he told reporters.
At the same time, the High Commissioner also assured to work to increase British investment in Bangladesh.
Dr Salehuddin Ahmed also said, 'The interim government has taken initiatives to reform the country's financial sector by prioritizing foreign investment and expansion of the private sector.'
In the meantime, the government is working to reform the business environment. If this sector is to be reformed, capital market, banking financial sector will be reformed first.
The financial advisor reminded that foreign investment and expansion of the private sector is not possible if investment friendly environment is not ensured.
He said that the United Kingdom expressed its interest in strengthening the commercial relations between the two countries, including the garment sector of Bangladesh, in addition to empowering women.
