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You did not read the news carefully. Trump has stopped financial aid to all poor countries in the world for 3 months. The aid suspension is not Bangladesh specific.
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Top US businessman wants to invest in Bangladesh
Top US businessman Gentry Beach expressed his interest to invest in Bangladesh during a meeting with Chief Adviser Professor Muhammad Yunus yesterday in Dhaka.
Top US businessman wants to invest in Bangladesh
Gentry Beach
Top US businessman Gentry Beach expressed his interest to invest in Bangladesh during a meeting with Chief Adviser Professor Muhammad Yunus yesterday in Dhaka.
Beach, chief executive and founder of Highground Holdings, said his company had already acquired multiple assets in Bangladesh and would like to invest more in the country's energy, finance and other sectors, according to a statement.
"You have done a great job," he told the chief adviser, adding that the law and order situation had improved and stability had returned.
Beach, who headed a delegation of US billionaire investors, has close business ties with Trump family.
He came to Dhaka from Pakistan by chartered plane yesterday for a brief visit, and also met with political leaders and top government officials.
"It is time for more investment to come to this country. We are excited to be here," Beach, who is also chairman of Paramount USA, told Professor Yunus.
He said his company was also interested in investing in real estate, especially in low-cost social housing, aerospace and defence.
Professor Yunus welcomed Beach for making investments at "a critical time" for the country.
He said that the interim government was carrying out reforms to attract more foreign direct investment in Bangladesh.
"The country is ready for business. The business conditions are now right. We are beginning a new chapter in our history," the chief adviser said.
Professor Yunus said Bangladesh needed more US investment in many sectors, including gas exploration in onshore and offshore fields.
Beach, whose company has invested in Africa and plans to invest in Pakistan, said more American investment would mean a rise in labour wages.
"We will make Bangladesh great again," he said.
Special Envoy to the Chief Adviser Lutfey Siddiqi, Bangladesh Investment Development Authority (Bida) Chairman Ashik Chowdhury and Senior Secretary to SDG Affairs Lamiya Morshed were also present.
Earlier, in a meeting with political leaders, an adviser to the interim government, and senior Bida officials at the InterContinental Dhaka yesterday, Beach expressed interest in investing in mineral and gas exploration in Bangladesh.
The visit of the delegation of US billionaire investors aims to assess investment opportunities and available facilities in the country, said Syeed Abdullah Muhammad Taher, Nayeb-e-Ameer (vice-president) of Bangladesh Jamaat-e-Islami, at a media briefing after the meeting.
"At the meeting, we highlighted the current political situation, stability, investment opportunities, and avenues for cooperation. We have encouraged them to invest in Bangladesh," he said.
BNP Secretary General Mirza Fakhrul Islam Alamgir was expected to attend the meeting but did not, Taher said.
Responding to a question, the Jamaat leader said that his party does not believe US-Bangladesh relations have worsened following Donald Trump's victory in the US presidential election.
"Although there were concerns that Bangladesh's relationship with the USA might deteriorate, that has not happened," he said.
He emphasised that global policies, politics and business interests do not depend on a single individual and vary from one person to another.
"These matters are driven by international policies. I believe there will be no negative impact. In fact, I think the relationship will improve," he said.
Taher also said that Beach has close ties to the Trump family. "He is a business partner of the Trump family and collaborates with Trump's son. They have business interests in minerals and operate in 44 countries," he said.
Earlier this week, Beach also pledged billions of US dollars in investment in Pakistan during his visit to the South Asian country. However, Beach and Mahfuj Alam, an adviser to the interim government, who attended the meeting, declined to comment afterwards.
An official of the US embassy in Dhaka said Beach came as a private person and his visit was not connected with the US government.
Gentry Beach
Top US businessman Gentry Beach expressed his interest to invest in Bangladesh during a meeting with Chief Adviser Professor Muhammad Yunus yesterday in Dhaka.
Beach, chief executive and founder of Highground Holdings, said his company had already acquired multiple assets in Bangladesh and would like to invest more in the country's energy, finance and other sectors, according to a statement.
"You have done a great job," he told the chief adviser, adding that the law and order situation had improved and stability had returned.
Beach, who headed a delegation of US billionaire investors, has close business ties with Trump family.
He came to Dhaka from Pakistan by chartered plane yesterday for a brief visit, and also met with political leaders and top government officials.
"It is time for more investment to come to this country. We are excited to be here," Beach, who is also chairman of Paramount USA, told Professor Yunus.
He said his company was also interested in investing in real estate, especially in low-cost social housing, aerospace and defence.
Professor Yunus welcomed Beach for making investments at "a critical time" for the country.
He said that the interim government was carrying out reforms to attract more foreign direct investment in Bangladesh.
"The country is ready for business. The business conditions are now right. We are beginning a new chapter in our history," the chief adviser said.
Professor Yunus said Bangladesh needed more US investment in many sectors, including gas exploration in onshore and offshore fields.
Beach, whose company has invested in Africa and plans to invest in Pakistan, said more American investment would mean a rise in labour wages.
"We will make Bangladesh great again," he said.
Special Envoy to the Chief Adviser Lutfey Siddiqi, Bangladesh Investment Development Authority (Bida) Chairman Ashik Chowdhury and Senior Secretary to SDG Affairs Lamiya Morshed were also present.
Earlier, in a meeting with political leaders, an adviser to the interim government, and senior Bida officials at the InterContinental Dhaka yesterday, Beach expressed interest in investing in mineral and gas exploration in Bangladesh.
The visit of the delegation of US billionaire investors aims to assess investment opportunities and available facilities in the country, said Syeed Abdullah Muhammad Taher, Nayeb-e-Ameer (vice-president) of Bangladesh Jamaat-e-Islami, at a media briefing after the meeting.
"At the meeting, we highlighted the current political situation, stability, investment opportunities, and avenues for cooperation. We have encouraged them to invest in Bangladesh," he said.
BNP Secretary General Mirza Fakhrul Islam Alamgir was expected to attend the meeting but did not, Taher said.
Responding to a question, the Jamaat leader said that his party does not believe US-Bangladesh relations have worsened following Donald Trump's victory in the US presidential election.
"Although there were concerns that Bangladesh's relationship with the USA might deteriorate, that has not happened," he said.
He emphasised that global policies, politics and business interests do not depend on a single individual and vary from one person to another.
"These matters are driven by international policies. I believe there will be no negative impact. In fact, I think the relationship will improve," he said.
Taher also said that Beach has close ties to the Trump family. "He is a business partner of the Trump family and collaborates with Trump's son. They have business interests in minerals and operate in 44 countries," he said.
Earlier this week, Beach also pledged billions of US dollars in investment in Pakistan during his visit to the South Asian country. However, Beach and Mahfuj Alam, an adviser to the interim government, who attended the meeting, declined to comment afterwards.
An official of the US embassy in Dhaka said Beach came as a private person and his visit was not connected with the US government.
- Jan 24, 2024
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- #93
The Hindutva folks here should stop getting excited.
USAID foreign assistance to India was also frozen.
ALL USAID assistance disbursed overseas was frozen, not just Bangladesh
And then, today (due to legal challenges) The White House has rescinded the freezing of Federal Aid including that to USAID.
USAID foreign assistance to India was also frozen.
ALL USAID assistance disbursed overseas was frozen, not just Bangladesh
And then, today (due to legal challenges) The White House has rescinded the freezing of Federal Aid including that to USAID.
- Jan 24, 2024
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May be Trump forbade him to visit India at this time.
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