The U.S. will open a Foreign Commercial office in Dhaka
- October 27, 2020
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The United States government announed they would open a Foreign Commercial office in Dhaka with an aim to enhance economic ties between the two countries.
U.S. Under Secretary of State for Economic Growth, Energy and the Environment Keith Krach announced this during a virtual meeting with Adviser for Private Industry and Investment to the PM of Bangladesh, Salman F. Rahman.
According to industry experts, it is an important step in bringing the two countries together. It is also a shift in forieng policy since it would put a challenge to China’s presence in the region.
The U.S. Under Secretary of State informed Adviser for Private Industry and Investment to the PM that his administration would ask American companies to initiate investment in the IT, energy, and pharmaceutics sectors.
