Germany to set up Economic Zone in Bangladesh

Germany to set up Economic Zone in Bangladesh

DHAKA, April 1 (BSS)- State Secretary of the Federal Foreign Office of Germany Martin Biesel has lauded the prevailing favourable investment atmosphere in Bangladesh and said that they would set up a German Economic Zone in the South Asian nation.

“The present scope of investment is very favourable in Bangladesh. As a result of sincere efforts by both the governments, a German Economic Zone will be established in Bangladesh, which will help further intensify business relations between the two countries,” he said while addressing a reception at Bangladesh embassy in Berlin on March 28, according to a message received here today.

The reception held at Atrium of Deutsche Bank of Germany was organized on the occasion of the 41st Independence and National Day of Bangladesh.

Biesel said Bangladesh with its young, energetic, hard-working, motivated young people and with the stewardship and far-sighted vision of the government has been emerging as a vibrant country in South Asia.

More than 300 dignitaries from the host country and accredited countries of this embassy attended the event. The dignitaries included around 70 ambassadors, high level officials
of German government, intellectuals, business leaders, journalists, academicians, defense officers, prominent social workers and philanthropists.

The formal part of the event commenced with playing of the national anthems of Bangladesh and Germany followed by address by the Ambassador of Bangladesh Mosud Mannan.

Anniversary cake was jointly cut by the ambassador and state secretary in presence of dignitaries. Videos on development activities and tourism promotion of Bangladesh were also screened side by side with displaying its exportable products.

Speaking on the occasion, Ambassador Mosud Mannan gratefully reminisced that the German Democratic Republic (GDR) was the first country in Europe to recognize Bangladesh on 11 January 1972 and that the Federal Republic of Germany (FRG) also recognized Bangladesh on 4 February 1972.

He recalled the support of German people for the provisional government during the War of Liberation which was instrumental for the independence of the country.

The ambassador also expressed his gratitude to FRG for extending treatment to a large number of post-war wounded freedom fighters of Bangladesh. “At present, Germany is the second largest destination of Bangladesh’s total export and the largest in Europe,” he informed.

Mosud said the German-Bangladesh relation is a glowing example of ever-growing friendship and confidence and Bangladesh values Germany as a longstanding reliable partner in development.


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