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Last updated: 1st April 2024
Press Release

Economic Diplomacy: Business Interactions between Bangladesh Deputy High Commissioner in Karachi and Businesspersons in Pakistan


Karachi, 23 March 2024:


Bangladesh Deputy High Commissioner in Karachi, S. M. Mahbubul Alam had a group interaction with around 15 businesspersons and investors in Pakistan at the Chancery on 22 March 2024.


Deputy High Commissioner briefed the businesspersons and investors about the investment friendly policies in Bangladesh. He mentioned that the Government of Bangladesh has been improving the country’s physical, legal and financial infrastructure to facilitate investment and trade. Bangladesh has been striving for diversification of products and markets, multi-sectorial business, and creation of employment. Deputy High Commissioner invited the potential investors and businesspersons from Pakistan to invest in Bangladesh. He also invited the businessmen to import products such as jute and jute products, tea, leather and leather goods, garments, chemicals, and pharmaceutical products from Bangladesh.


Deputy High Commissioner also highlighted that Bangladesh has become a ‘Role Model’ of socio-economic development in the world and Bangladesh is currently one of the five fastest growing economies in the world. Bangladesh currently ranks the 35th largest economy in the world in terms of GDP. Bangladesh has achieved 100% electricity coverage across the country and has been working to establish 100 Specialized Economic Zones (SEZs) across the country with foreign investment friendly policies.


The businesspersons were deeply impressed to know the success stories of Bangladesh. They highly appreciated the stability and business friendly and investment friendly policies in Bangladesh. They expressed their willingness to invest and to expand their business with Bangladesh. They also requested for smooth visa for businesspersons from Pakistan. Bangladesh Deputy High Commissioner in Karachi, S. M. Mahbubul Alam handed over gifts and souvenirs on Bangladesh to the businesspersons.