Biden "committed to strengthening" ties with Bangladesh

Bangladesh
Biden "committed to strengthening" ties with Bangladesh
US President Joe Biden and Secretary Antony J. Blinken are "focused on strengthening" the Dhaka-Washington relationship as both countries address prevalent challenges, says a senior US official.

The two countries address many of the most pressing regional and global challenges together, like the Rohingya humanitarian crisis and global challenge to tackle climate change, said the official, reports UNB.

"Bangladesh's impressive economical sector offers a solid platform which to expand and deepen our relationship," said Marcia Bernicat, senior official for financial growth, energy and the environment.

She made the remarks while addressing virtual launching of the U.S.-Bangladesh Business Council in Tuesday.

Bernicat said the United States is proud of the partnership they have built with the Bangladeshi people since Father of the country Bangabandhu Sheikh Mujibur Rahman led a proud and determined persons to attain their independence 50 years back. 

"How fitting that people honor that crucial anniversary today by launching the U.S.-Bangladesh Organization Council," she said.

She said the united states continues to consider ways to help to make Bangladesh more appealing for investment, which in turn offers the transparency and guideline of law that all companies thrive in.   

In the same way, Bernicat said, they anticipate welcoming Bangladeshi investment in to the USA from the country's increasingly internationally competitive companies.

She said President Biden has emphasized the challenge of climate transformation, stating that "america and the world face a profound climate crisis" and by positioning climate transformation at the guts of our foreign policy, diplomacy, and national protection. 

THE UNITED STATES official said Bangladesh's leadership in addressing climate change offers the USA - and the world - an excellent partner to tackle this climate crisis. 

As president of the Climate Vulnerable Forum and the Vulnerable Twenty Band of Finance Ministers, Bangladesh includes a leading voice and may get irreplaceable contributions toward an effective COP26, she said.

As a climate vulnerable region, Bangladesh will demand significant climate adaptation and resilience, especially because of its increasingly ambitious climate goals, Bernicat said.

The US companies are well put to deliver many of the solutions Bangladesh will need to sustainably grow its economy, she said.

Bernicat said that is an exciting amount of time in U.S.-Bangladesh relations, and it is a particularly timely moment to inaugurate this organization to aid closer US-Bangladesh economical cooperation.

The US-Bangladesh Organization Council and the American private sector will be invaluable partners to greatly help Bangladesh reach the ambitions laid out in its Bangladesh Eyesight 2041, including to become high-income country, she said.

The two countries have previously seen a few of this cooperation in action. 

US companies operating in Bangladesh are actually bringing sustainable best practices and making unique contributions, such as local community monetary development and ground breaking AI-powered flood alerts, she said. 

A US-Bangladesh partnership achieved Bangabandhu's extraordinary eyesight by launching Bangladesh into space with the Bangabandhu-1 satellite, Bernicat said.

And in response to the COVID-19 pandemic, it was Bangladeshi businesses who stepped up to take up a crucial role in establishing considerably more diverse and secure global source chains, exporting valuable PPE to the United States, she recalled.

The launching featured inaugural remarks by Prime Minister Sheikh Hasina, along with exceptional addresses by Prime Minister's ICT Affairs Advisor Sajeeb Wazed Joy, Commerce Minister Tipu Munshi and Primary Minister's Principal Secretary Dr Ahmad Kaikaus, US Ambassador to Bangladesh Earl Miller and Bangladesh Ambassador to USA M Shahidul Islam.

Myron Brilliant, Executive Vice President and Mind of International Affairs for the US Chamber of Commerce said america is among Bangladesh's most significant trading partners, and over the past decade they have observed an extraordinary growth trajectory they are confident will generate new opportunities for US companies.

"We believe the Council will serve as the premier bridge between organization and government leaders in both countries," stated Myron Brilliant.

The Council will be led by Nisha Biswal, President of the US-Bangladesh Business Council and US Chamber of Commerce Senior Vice President for South Asia, and Sidhanta Mehra, Director of the US-Bangladesh Organization Council.

"Under the leadership of Bangladesh Prime Minister Sheikh Hasina, Bangladesh has seen tremendous growth and so too has got its partnership with america," stated Biswal, who served as being Assistant Secretary of Point out for South and Central Asian Affairs under President Barack Obama.

She said the US-Bangladesh organization Council will continue to work to strengthen trade and investment between our two countries, promote transparency, inclusion and market-based reforms in order that we can ensure that the coming decades continue to build prosperity and chance of the persons of Bangladesh.

"The U.S.-Bangladesh Business Council is a reflection for the necessity of a dedicated platform to understand and partner with the Bangladesh into the future," said Jay R. Pryor, Vice President, Business Production for Chevron and the Inaugural Chair of the Council's Board of Directors.

Reflecting on Bangladesh's expansion, Pryor noted its near future will be "one that is sustainable, helps Bangladesh reach its economic development goals and by doing so, creates a business environment that empowers Bangladeshi women of all ages, enables small business expansion, and strengthens communities through enhanced access to healthcare, employment, and in addition energy.

US and Bangladeshi corporate leaders speaking in the launch event included Uber CEO Dara Khosrowshahi, MetLife Executive Vice President and CFO John F. McCallion, Walmart International President and CEO Judith McKenna, Excelerate Strength President and CEO Steven Kobos, bKash Founder and CEO Kamal Quadir, GE South Asia President Mahesh Palashikar, Federation of Bangladesh Chambers of Commerce and Sector President Sheikh Fazle Fahim, Visa Senior Vice President for Global Federal government Engagement Ambassador Demetrios Marantis, MetLife Senior Vice President for Strategic Progress Markets in Asia Elena Butarova, and ShopUp Co-Founder and CEO Afeef Zubaer Zaman.
Tags :
Share This News On: