Dhaka interested to receive US investment from DFC for infrastructure opportunities

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The United States affirmed it would consider Bangladesh's request while emphasizing the need for Bangladesh to implement the ILO road map.

Bangladesh raised the issue at the second Bangladesh-US high-level economic consultation held in Washington, DC on Thursday.

Adviser for Private Industry and Investment to the Prime Minister Salman F. Rahman and US Under Secretary of State for Economic Growth, Energy, and the Environment Jose W. Fernandez co-chaired the discussion.

Workers' Rights


The US urged Bangladesh to take further steps to adhere to internationally recognized labor rights standards, including those developed by Bangladesh for its International Labor Organization (ILO) road map.

Bangladesh expressed its commitment to swiftly pass necessary reforms and fully implement the four priority areas of the ILO road map, according to a joint statement issued by the US Department of State on Friday.


Both sides decided that the effective implementation and enforcement of international labor standards can help the economies of both countries recover from the pandemic, broaden economic gains, and unlock further economic potential with other trade partners by creating an attractive business environment.


The US commended Bangladesh on its admirable response to the COVID-19 pandemic. Bangladesh has fully vaccinated over 76 percent of its population and partially vaccinated over 99 percent of the eligible population.


The US welcomed Bangladesh's interest in the United States-developed COVID-19 Prioritized Global Action Plan for Enhanced Engagement so that Bangladesh could share best practices with the world on its effective vaccination of its population and Forcibly Displaced Myanmar Nationals (FDMN).


Both sides emphasized the importance of delivering on and strengthening existing commitments in the lead-up to COP 27.

The US encouraged Bangladesh to consider joining the Global Methane Pledge, urge major emitting countries to do more on climate initiatives, and continue outlining adaptation priorities.


Bangladesh encouraged U.S. companies to invest in clean energy to help Bangladesh advance on its COP nationally determined contribution targets for climate.


The meeting participants celebrated the strong and growing economic partnership between the United States and Bangladesh, a highlight of our 50 years of bilateral relations.

The US highlighted Bangladesh's evident potential to be a regional leader in digital trade and noted with appreciation steps taken by Bangladesh to adopt a transparent regulatory environment to secure broad-based foreign investment in its bourgeoning digital economy sector.



Both sides decided to coordinate more on implementing existing transparent commercial policies and consistent enforcement of intellectual property rights in Bangladesh.

"I can work independently using my own initiative or as part of a team."

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