Business Report :
Bangladesh and the United Arab Emirates (UAE) have reaffirmed their commitment to fostering deeper economic collaboration between the two nations.
The commitment was made at a meeting between Finance Minister Abul Hassan Mahmood Ali and State Minister of Foreign Trade of the UAE Dr Thani bin Ahmed Al Zeyoudi held in Abu Dhabi.
The meeting underscored the shared aspirations of both countries to bolstering trade, investment, and development cooperation for mutual prosperity, said a press release.
They stressed on exploring new and emerging areas of collaboration including energy security with particular focus on renewable energy, management of sea ports, aviation, construction of infrastructure, artificial intelligence and other new technologies.
Ali stressed on elevating the bilateral ties to the level of comprehensive economic partnership.
Both the ministers stressed on the need to activate the Joint Business Council and concluding the Comprehensive Economic Partnership Agreement (CEPA) in near future while both the countries are celebrating 50 years of establishment of the diplomatic relations.
A high-level delegation from the UAE side is expected to visit Bangladesh in the coming months to explore the investment opportunities in Bangladesh and to identify new areas of engagement for mutual benefit.
