Washington D.C.- Today, the U.S. Chamber of Commerce launched the U.S.-Bangladesh Business Council, which will focus on advocacy and engagement to strengthen the bilateral business partnership. As Bangladesh celebrates its 50th anniversary of independence, the new Council will serve as a platform for American businesses to engage both governments and promote opportunities for business to drive mutually beneficial economic growth.
The launch of the Council featured opening remarks from the Prime Minister of Bangladesh, His Excellency Sheikh Hasina, as well as special addresses from the US Department of State’s top official for economic growth, energy and the environment, Ambassador Marcia Bernicat, Prime Minister’s Adviser for ICT Affairs Sajeeb Wazed Joy, Commerce Minister Tipu Munshi and Principal Secretary to the Prime Minister Dr. Ahmad Kaikaus, US Ambassador Earl Miller and Bangladesh Ambassador Islam.
“The United States has remained a strong partner in our journey toward democracy and development. It is important that the two countries provide adequate policy support to further develop bilateral trade. We are constantly improving our physical, legal and financial infrastructure to facilitate foreign investment,” said the Prime Minister of Bangladesh, His Excellency Sheikh Hasina. “Bangladesh’s sustained economic growth, rapid domestic market expansion, and growing connectivity with a vast regional market of four billion people make Bangladesh a promising destination for American business and investment. I hope the US-Bangladesh Business Council will help expand the economic partnership between our two countries.
The United States Chamber of Commerce has a long history of supporting commercial relations with Bangladesh. “The United States is one of Bangladesh’s most important trading partners, and over the past decade we have had an impressive growth trajectory that we believe will create new opportunities for American businesses. Our launch of the United States-Bangladesh Business Council reflects the United States Chamber of Commerce’s commitment to advancing efforts to deepen trade and investment ties between the two countries. We believe the Council will serve as the first bridge between business leaders and government leaders from both countries,” said Myron Brilliant, executive vice president and head of international affairs for the U.S. Chamber of Commerce.
The Council will be led by Nisha Biswal, President of the US-Bangladesh Business Council and Senior Vice President of the US Chamber of Commerce for South Asia, and Sidhanta Mehra, Director of US-Bangladesh Business Council. “Under the leadership of the Prime Minister of Bangladesh, His Excellency Sheikh Hasina, Bangladesh has grown tremendously, as has its partnership with the United States,” said Biswal, who served as Assistant Secretary of State for Foreign Affairs. South and Central Asia under President Barack Obama. . “The U.S.-Bangladesh Business Council will work to strengthen trade and investment between our two countries, promote transparency, inclusiveness and market-based reforms so that we can ensure that the decades to come continue to thrive. to create prosperity and opportunity for the people of Bangladesh.
The Council will be guided by a new Board of Directors from the United States-Bangladesh Business Council. “The US-Bangladesh Business Council reflects the need for a dedicated platform to understand and partner with the Bangladesh of the future,” said Jay R. Pryor, Chevron’s vice president of business development and first chairman of the board. administration of the Council. of administrators. Reflecting on Bangladesh’s growth, Pryor noted that its future will be “a sustainable future, which will help Bangladesh achieve its economic development goals and, in doing so, create a business environment that will empower Bangladeshi women, enable the growth of small businesses and strengthen communities through better access to health, jobs and energy.
American and Bangladeshi business leaders who spoke at the launch event included Uber CEO Dara Khosrowshahi, MetLife Executive Vice President and Chief Financial Officer John F. McCallion, Chairman and CEO of Walmart International Judith McKenna, President and CEO of Excelerate Energy Steven Kobos, Founder and CEO of bKash Kamal Quadir, Mahesh Palashikar, President of GE South Asia, Sheikh Fazle Fahim, President of the Federation of Chambers of Commerce and Bangladesh Industry, Demetrios Marantis, Visa Senior Vice President for Global Government Engagement, Elena Butarova, MetLife Senior Vice President for Asia Strategic Growth Markets, and co-founder of ShopUp and CEO Afeef Zubaer Zaman.
Please contact Sid Mehra [email protected] to get involved in the work of the Council.
About the US-Bangladesh Business Council and the US Chamber of Commerce
The United States-Bangladesh Business Council is a business advocacy platform designed to strengthen bilateral trade and investment ties. On behalf of our members, the Council is committed to advancing policy transparency and trade reform. The Council offers the latest information on Bangladeshi policy and industry-specific developments, engages senior government officials from the United States and Bangladesh, and champions key business priorities. We provide support on strategic advisory, market entry, business-to-business and business-to-government opportunities.
The United States-Bangladesh Business Council Board of Directors understand the following:
Jay R. PryorVice President, Business Development, Chevron and Inaugural Chairman
Elena ButarovaSenior Vice President, Strategic Growth Markets – Asia, MetLife
Raphael FrankelDirector of Public Policy, Emerging Countries APAC, Facebook
Steven KobosPresident and CEO, Excelerate Energy
Ambassador Demetrios MarantisSenior Vice President, Global Government Engagement, Visa
Mahesh PalachikarPresident, General Electric South Asia
Kevin RoepkeSouth Asia Manager, US Soybean Export Council
The United States Chamber of Commerce is the largest business organization in the world, representing businesses of all sizes in all sectors of the economy. Members range from small businesses and local chambers of commerce that line America’s main streets to major industry associations and large corporations. They all share one thing: they rely on the American Chamber of Commerce to be their voice not only in Washington, but in capitals and business centers around the world.
The Chamber’s International Affairs Division has more than 80 regional and policy experts, working in all major international markets for American businesses. Through 20 bilateral business councils, cross-cutting initiatives in sectors such as defense, sustainability, and healthcare, and partnerships with the global network of U.S. Chambers of Commerce and local associations, the Chamber promotes a business agenda and growth-friendly investment.