Bangladesh is firmly committed to deepening bilateral relations with the United States, particularly in the areas of trade, investment, energy, and development cooperation, said Chief Adviser Professor Muhammad Yunus.
On Monday (15 September), during a meeting with U.S. Deputy Trade Representative Brendan Lynch at his office in Tejgaon, Dhaka, the Chief Adviser expressed his optimism about stronger cooperation.
Discussions focused on reducing the trade deficit, increasing imports of cotton, soybeans, and other agricultural products from the U.S., enhancing energy cooperation including LPG imports, aircraft purchases, anti-narcotics initiatives, and addressing the Rohingya humanitarian crisis.
The Chief Adviser highlighted the recent decision by the U.S. Trade Representative’s Office to reduce tariffs on Bangladeshi exports from 35 percent to 20 percent, calling it a significant milestone in bilateral trade relations. He expressed hope that tariffs would be further reduced in the future, paving the way for sustainable and mutually beneficial partnerships.
He also emphasized the need to finalize the draft bilateral trade agreement swiftly and reiterated Bangladesh’s commitment to upholding international labor standards and fair practices. Additionally, he sought U.S. investment and low-interest loans in key sectors such as health and education, assuring a favorable environment for foreign direct investment.
Brendan Lynch praised Bangladesh’s constructive role in negotiations and stressed the importance of quickly implementing tariff agreements and purchase commitments. Senior officials from both countries attended the meeting.