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[🇧🇩] Partnership Between Bangladesh And South Korea

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Saif

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Sakhawat seeks S Korean investment in jute, textile sectors
BSS 16 October, 2024, 22:19

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BSS photo

Jute and textile adviser Brigadier General (retired) M Sakhawat Hussain on Wednesday urged South Korea to come up with investments in jute and textile sectors, as its envoy Park Young-sik called on him.

‘Jute Diversification Promotion Centre is working to produce multipurpose jute products, while steps are also being taken to enrich the jute and textile sector through research,’ he said during the meeting with the envoy at the shipping ministry.

Sakhawat Hussain, also adviser of the shipping ministry, mentioned the jute diversification as a very promising sector and urged the envoy to invest in this sector for mutual benefits, said a ministry press release.

He said that the present government had taken steps to introduce jute bags instead of polythene to prevent environmental pollution.

Production of ‘Sonali Bag’ from jute is on the way, he said, adding that the demand for eco-friendly jute and jute products was increasing both in the country and abroad.

Applauding the government’s initiative to stop the use of polythene to prevent environmental pollution, the Korean ambassador said that jute was environmentally friendly as a natural fibre.

Park Yong-sik expressed his country’s eagerness to cooperate in the development of Bangladesh’s jute sector.

Referring to the visit of a South Korean delegation to see investment opportunities and possibilities two years ago, he said that such efforts would continue in the future.

The ambassador also noted Bangladesh’s bright potential in the shipping industry.

The adviser also urged Korean investors to invest in the country’s ship industry, saying that more projects of the ministry were underway with South Korea.

Secretary of the ministry and officials concerned were present.​
 

Keen to work closely with Bangladesh to further strengthen 'excellent' bilateral relations: S Korean Envoy
UNB
Published :
Oct 16, 2024 20:23
Updated :
Oct 16, 2024 20:46

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Ambassador of the Republic of Korea (ROK) to Bangladesh Park Young-sik had paid a courtesy call on Foreign Affairs Md Touhid Hossain and expressed his willingness to work closely with Bangladesh to further strengthen the "excellent" bilateral relations between the two countries.

During the meeting at the Ministry of Foreign Affairs on Tuesday, various issues of mutual interest were discussed including trade and investment, development cooperation, ready-made garments sector, EPS workers, people-to people exchange, Rohingya issue and others.

The ambassador congratulated the foreign affairs adviser on assuming the new position.

The adviser thanked the South Korean government for the positive remarks towards the newly formed interim government and putting confidence in the ability of the government in restoring peace and stability in the country, said the Ministry of Foreign Affairs.

He expressed satisfaction on the existing bilateral relations and recent upward trend of the volume of bilateral trade between the two friendly countries.

The adviser appreciated Seoul for continuously being one of the major foreign investors in Bangladesh.

Both sides expressed satisfaction for maintaining close cooperation on the international arena, to uphold global peace and security, promote free trade and fight the adverse effects of climate change and supporting each other in international fora.

The adviser also thanked the South Korean government for extending humanitarian support to the Rohingya people sheltered in Bangladesh.​
 

Bangladesh, South Korea eye stronger ties through bilateral trade and investment
FE Online Desk
Published :
Nov 18, 2024 20:30
Updated :
Nov 18, 2024 20:30

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Bangladesh currently offers a favourable environment for trade and commerce, and South Korean investors are likely to increase their investments in the country, says Commerce Adviser Sk Bashiruddin.

During a courtesy meeting with South Korea’s Ambassador to Bangladesh, Mr Park Young-sik, on Monday afternoon at the Adviser’s office, he expressed optimism about strengthening bilateral ties and fostering investment opportunities, reports UNB.

The discussion centred on enhancing bilateral trade, exploring the possibility of a free trade agreement (FTA), and expanding South Korean investments in Bangladesh.

Bashiruddin highlighted that the recent student-led uprising in Bangladesh has opened new horizons of potential, underscoring that the nation cannot afford to regress.

He said the government’s achievements in its first 100 days have met public expectations.

The Adviser emphasised that a Bangladesh-Korea FTA would be mutually beneficial, leading to expanded trade relations and improved people-to-people connections. He encouraged the South Korean Ambassador to focus on increasing investments in Bangladesh’s light engineering and leather industries, as well as in the country’s export processing zones (EPZs).

Ambassador Park commended Bangladesh’s large youth population, noting that South Korea is eager to contribute to their technological skill development.

He shared details of South Korea’s ongoing initiatives to create a skilled workforce through technical training centres.

The Ambassador also pointed out that, unlike other nations that target select sectors for investment in Bangladesh, South Korea has already diversified its investments across multiple sectors.

He assured that South Korean investments in Bangladesh would continue to grow in the future.​
 
BD has a big work force good for many labor-oriented business. Any country who wants to utilize it will find BD a suitable destination for that. If BD is able to content radicalism and bring on table politically stability, BD will find itself amongst a favorite destination for a particular type of investment.
There is no radicalism in Bangladesh. Radicalism in Bangladesh only exists in the Indian mind. No investors from abroad ever pointed out radicalism as a problem for investment in Bangladesh.
 
Rivers of blood, literally rivers of blood, of innocent animals flowing in the streets of their capital city.

Just a normal day in Bangladesh. Nothing radical about it.

Please do not hijack the thread with off-topic comments.

Radicalism is not the point of the thread - it is trade and partnership between Bangladesh and South Korea.

If you don't want to discuss on topic, then better not to comment.
 
Please do not hijack the thread with off-topic comments.

Radicalism is not the point of the thread - it is trade and partnership between Bangladesh and South Korea.

If you don't want to discuss on topic, then better not to comment.

Please go anywhere in the world and show the photographs I posted, of Dhaka, your national capital, and ask any nationality what they think about the mindset of the people who would do such a thing.

It was your compatriot who made the tall claim that the only radicalism in Bangladesh was in the heads of Indians.

This is an open challenge.

Show these photos to your gora buddies in Canada and see them recoil in disgust.
 
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Please go anywhere in the world and show the photographs I posted, of Dhaka, your national capital, and ask any nationality what they think about the mindset of rhe people who would do such a thing.

It was your compatriot who made the tall claim that the only radicalism in Bangladesh was in the heads of Indians.

This is an open challenge.

Show these photos to your gora buddies in Canada and see them recoil in disgust.
My friend... I know Bangladesh isn't all that but as an Indian, you do know what the world views your capital as...?

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My friend... I know Bangladesh isn't all that but as an Indian, you do know what the world views your capital as...?

View attachment 10759

Dirty and filthy areas abound across the subcontinent. Poverty, heat, squalor, lack of proper sanitation, overcrowding, water scarcity (quantity and quality), all play a role.

That has nothing to do with radicalism no? The wanton butchering of tens, hundreds of thousands of animals in the name of God, where all the meat is not even consumed?!

And the sight of rivers of blood in a capital city in the 21st century?!!!!!

You need to try harder at this false equivalence game my friend.

Sincerely.
 

Dhaka, Seoul begin negotiations to sign EPA
Bangladesh Sangbad Sangstha . Dhaka 28 November, 2024, 15:19

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Bangladesh interim government commerce adviser Sk Bashir Uddin, commerce secretary Md Selim Uddin, Korean deputy trade minister Jongwon Park and Korean trade minister Inkyo Cheong pose for a photo after signing a MoU as part of Economic Partnership Agreement negotiations between the two countries in in Seoul on Thursday. | BSS photo

Bangladesh and South Korea have started negotiations for signing an Economic Partnership Agreement between the two countries on Thursday.

Bangladesh interim government commerce adviser Sk Bashir Uddin and Korean trade minister Inkyo Cheong attended the first meeting of the negotiation in Seoul, a message received in Dhaka said.

The MoU was also signed between the two countries as part of the initial step for signing the EPA on trade and investment, and infrastructure development.

Commerce secretary Md Selim Uddin and Korean deputy trade minister Jongwon Park were present.​
 

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