Bangladesh invites Oman to invest in ICT, shipbuilding and tourism

Foreign Minister Masud Bin Momen and Sheikh Khalifa Alharthy, Undersecretary for Diplomatic Affairs, attend delegations from Bangladesh and Oman at the Padma state guest house on Thursday. — Photo by UNB

Bangladesh urged Oman to invest in ICT, high-tech parks, shipbuilding and tourism in Bangladesh and offered land in exclusive economic zones.

Oman said an investment team from the country would visit Bangladesh to assess investment opportunities.

The issues were discussed during the second bilateral consultation between the Foreign Ministries of Bangladesh and Oman on Thursday at Padma State Guesthouse.

Foreign Minister Masud Bin Momen and Sheikh Khalifa Alharthy, Undersecretary for Diplomatic Affairs, led the delegations from Bangladesh and Oman.

The two parties have signed a mutual visa waiver agreement for holders of diplomatic, official, special and service passports.

Discussions focused on the record of existing cooperation in the areas of labor, bilateral trade and investment, agriculture, energy security and exchange visits between trade bodies.

New areas addressed in the discussions included contract farming and food security, environment and climate change, ICT, blue economy and the shipbuilding industry.

The meeting took note of the need to establish direct maritime links between the ports of the two countries, to increase the engagement of the private sectors and the business community and agreed on business-to-business interactions and exchange of visits. .

The two sides also agreed to form a Bangladesh-Oman business forum to increase bilateral trade and business.

They also expressed interest in elevating bilateral relations to “comprehensive partnership” instead of “friendship and cooperation” and agreed to formulate a time-bound and goal-based roadmap to achieve the goals of the partnership.

This was the second bilateral consultation held in Dhaka under the Memorandum of Understanding on Foreign Ministry Consultations signed between Bangladesh and Oman in 2015.

After the consultation, the Under Secretary of Oman paid a courtesy visit to the Foreign Minister of Bangladesh where they discussed matters of mutual concern.

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