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Shama Obaed Islam urges France to increase investment in Bangladesh's key sectors

State Minister for Foreign Affairs Shama Obaed Islam urged France to increase investment in Bangladesh and provide greater access for Bangladeshi products.

By Staff Correspondent
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Shama seeks greater French investment in potential sectors | News
BSS

State Minister for Foreign Affairs Shama Obaed Islam today called on France to increase investment in Bangladesh’s potential sectors and grant greater access for diversified Bangladeshi products to the French market. She made this call during a meeting with a French senatorial delegation at the Ministry of Foreign Affairs. The French delegation, comprising Senators Guillaume Chevrollier, Pierre-Alain Roiron, and Olivier Henno, is on a three-day official visit to Dhaka. Accompanying them were French Ambassador to Bangladesh Jean-Marc Séré-Charlet and Christian Bec, Head of the Political Wing at the French Embassy in Dhaka.

During the meeting, both sides engaged in wide-ranging discussions on strengthening Bangladesh-France relations, with a particular focus on cooperation between their democratic institutions. Shama expressed Bangladesh’s interest in deepening engagement with the French Senate through increased interaction within the Inter-Parliamentary Union (IPU). She highlighted Bangladesh’s interest in diversifying its exports to France, particularly in pharmaceuticals, leather, ceramics, and jute products, while encouraging greater French investment in these and other potential sectors.

The state minister appreciated France’s continued support for Bangladesh’s democratic transition and socio-economic development. She underscored the scope for expanding bilateral cooperation in trade and investment, education, culture, migration and mobility, and other areas of mutual interest. Both sides agreed to pursue measures to enhance technical and vocational skills development opportunities for the Bangladeshi workforce. Shama emphasized the importance of creating greater opportunities for legal and regular labour mobility, reaffirming Bangladesh’s zero-tolerance policy towards irregular migration and human trafficking. She expressed Dhaka’s readiness to work closely with Paris to prevent such activities.

FAQs

Q: What sectors did State Minister Shama highlight for potential French investment? A: State Minister Shama highlighted pharmaceuticals, leather, ceramics, and jute products as sectors where she encouraged greater French investment.

Q: What areas of cooperation did both sides agree to expand? A: Both sides agreed to expand cooperation in trade and investment, education, culture, migration and mobility, and other areas of mutual interest.

Q: What commitment did Bangladesh make regarding irregular migration? A: Bangladesh reaffirmed its zero-tolerance policy towards irregular migration and human trafficking and expressed readiness to work closely with France to prevent such activities.

Source: BSS

FAQ

What sectors did State Minister Shama highlight for potential French investment?
State Minister Shama highlighted pharmaceuticals, leather, ceramics, and jute products as sectors where she encouraged greater French investment.
What areas of cooperation did both sides agree to expand?
Both sides agreed to expand cooperation in trade and investment, education, culture, migration and mobility, and other areas of mutual interest.
What commitment did Bangladesh make regarding irregular migration?
Bangladesh reaffirmed its zero-tolerance policy towards irregular migration and human trafficking and expressed readiness to work closely with France to prevent such activities.

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