
Jan 9, 2025
Turkey has shown a strong interest in investing in Bangladesh's diverse sectors, including renewable energy, automobile manufacturing, pharmaceuticals, information and communication technology, logistics, and construction.
Â
This was revealed during a meeting between Turkish Trade Minister Prof Dr. Omer Bolat and Commerce Adviser Sk. Bashir Uddin at the Ministry of Commerce in Dhaka on Thursday, reports BSS.
Â
During the meeting, a number of bilateral issues such as potential for increasing trade volume, Turkish investment opportunities in Bangladesh, obtaining halal food certification and formation of an Economic Commission came up for discussion.
Â
Bashir Uddin said Bangladesh and Turkey have a long history of cooperation in various sectors, including business, education and culture.
Â
Referring to Turkey as one of the world's top halal food exporting countries, he sought Turkey's cooperation in expanding the halal food market of Bangladesh.
Â
Obtaining an internationally recognized halal certification is very important, he said.
Â
In this regard, the signing of a memorandum of understanding between the Halal Accreditation Authority of Turkey and the Bangladesh Standards and Testing Institution will make it easier for Bangladesh to obtain a halal certificate, he added.
Â
He also mentioned that exporting halal food will strengthen the country's economy.
Â
Stating that Bangladesh currently has an excellent investment environment, the commerce adviser said Bangladesh is also providing several facilities and benefits in terms of foreign investment.
Â
He called for increasing Turkish investment in special economic zones in Bangladesh.
Â
Turkish Minister Dr Omer Bolat said that currently, Bangladesh's trade with Turkey is mainly focused on the textile sector.
Â
Turkey exports various machinery and chemicals to Bangladesh, he added.
Â
On the other hand, he said, Turkey imports ready-made garments from Bangladesh.
Â
Turkey wants to diversify bilateral trade in other sectors, he added.
News Link: Turkey seeks to invest in renewable energy