Chief Adviser Professor Muhammad Yunus has extended a warm invitation to Kuwaiti investors to delve into the myriad opportunities presented by Bangladesh’s Special Economic Zones (SEZs) and the upcoming Bangladesh Investment Summit scheduled for 7-9 April in Dhaka. In a meeting with the new Kuwait Ambassador Ali Tunyan Abdul Wahab Hamadah at the State Guest House Jamuna, Professor Yunus emphasized the potential for mutual growth and collaboration between the two nations.
During their discussion, the focus was on reinforcing diplomatic, trade, and economic relations, with a keen interest in investment prospects, energy initiatives, food security, and the welfare of migrants. The conversation was marked by a shared commitment to fostering stronger ties and exploring avenues for cooperation in vital sectors.
Exploring Investment Opportunities in SEZs
Professor Yunus underscored the historical camaraderie between Bangladesh and Kuwait, highlighting the abundant investment possibilities within the realm of halal food production. Expressing optimism about the vast global market for halal products, he urged the inclusion of young entrepreneurs in this burgeoning sector. The chief adviser encouraged the Kuwaiti delegation to leverage the investment summit as a platform to forge lucrative partnerships and capitalize on the diverse opportunities available in Bangladesh.
In response, Ambassador Hamadah pledged unwavering support from Kuwait’s interim government, extending well wishes from Kuwaiti Prime Minister Sheikh Ahmed Abdullah Al-Ahmad Al-Sabah and the people of Kuwait. The commitment to collaboration was palpable as both sides deliberated on expanding crude oil imports to meet Bangladesh’s escalating energy needs. Additionally, the possibility of establishing a crude oil refinery through a joint venture and enhancing cooperation in renewable energy ventures were explored as potential areas for mutual benefit.
Acknowledging the significance of ensuring optimal working conditions for Bangladeshi workers, particularly women employed in Kuwait, Professor Yunus advocated for improved standards and welfare measures. He commended the robust defence partnership between the two nations, lauding the dedication and professionalism of Bangladeshi military personnel serving in Kuwait. The shared vision for deepening economic and diplomatic relations was reiterated, underscoring a foundation of mutual respect and cooperation.
Strengthening Bilateral Ties Across Key Sectors
The meeting culminated in a reaffirmation of the commitment to bolstering economic exchanges and diplomatic engagement between Kuwait and Bangladesh. Both sides expressed a shared resolve to expand collaboration in trade, energy, and other strategic domains. The chief adviser emphasized the symbiotic nature of the partnership, emphasizing the potential for mutual growth and prosperity through sustained cooperation.
As the dialogue between Professor Yunus and Ambassador Hamadah encapsulated the spirit of camaraderie and mutual benefit, the stage was set for a new chapter in the enduring friendship between Bangladesh and Kuwait. The shared aspirations for progress and prosperity underscored the importance of fostering robust ties and leveraging collective strengths for the greater good.
In conclusion, the pathway to a promising future brimming with opportunities for collaboration and growth beckons, as Bangladesh and Kuwait stand poised to embark on a journey of shared success and prosperity. The foundation of friendship, respect, and cooperation laid during this meeting serves as a testament to the enduring bond between the two nations, paving the way for a new era of partnership and possibility.