The US-Bangladesh Business Council will be launched today virtually to boost two-way trade and investment between the two countries.
It is an exclusive platform of the United States Chamber of Commerce, which will improve the trade, commerce and innovation corridor between the United States and Bangladesh through business-driven policy advocacy, according to the United States House.
Prime Minister Sheikh Hasina will likely inaugurate the council around 7 p.m. (Bangladesh time), he said.
In addition, business leaders and senior government officials from both countries are likely to address the program, the US Chamber said.
“With a rapidly growing middle class, a skilled workforce and a resilient economy, Bangladesh presents an unprecedented opportunity for investment and business partnerships,” the chamber also said in a statement today.
With the launch of the US-Bangladesh Business Council, the chamber demonstrates its continued commitment to fostering bilateral trade relations and creating a broad platform for business advocacy, he added.
Currently, the United States is Bangladesh’s main export destination with goods worth over $ 6 billion annually. Of Bangladesh’s total exports, over 90 percent are articles of clothing.