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Bangladesh seeks Austrian investment for energy sector

Bangladesh seeks Austrian investment for energy sector


28 February 2013
Bangladesh seeks Austrian investment for energy sector

Bangladesh has sought Austrian investment in energy, health, tourism and waste management sectors in Bangladesh to strengthen trade ties with the European country.
 
 Foreign Minister Dr Dipu Moni made the request at a bilateral meeting with Vice Chancellor and Federal Minister for European and International Affairs of Austria Dr Michael Spindelegger in Vienna on February 27 .
The Bangladesh Foreign Minister attended the 5th Global Forum on the UN Alliance of Civilization (UNAOC) held on 27-28 February in Vienna .
 
The Austrian Minister informed that the trade figure between the two countries in 2012 was Euro 350 million and there is much more scope to increase the volume.
 
The two sides have identified some common areas of cooperation which includes power and energy, health, education, tourism, human resource development, waste management etc. where Austria has enough expertise.
Austria also showed interest to have the cooperation from Bangladesh in disarmament.
 
Bangladesh Foreign Minister briefed the Austrian minister about the socioeconomic development of Bangladesh during the past few years as well as the growing relations with the neighbouring countries.
The Foreign Minister also met the President of Federal Economic Chamber of Austria and the Members of the Foreign Policy Committee of the Austrian Parliament prior to her meeting with the Austrian Foreign Minister.
The president of the Chamber highly appreciated the constant economic growth of Bangladesh for over a decade. He welcomed the decision of opening a new Bangladesh mission in Vienna which will be helpful for the Austrian businessmen to learn more about the business and investment opportunities in Bangladesh .
Dipu Moni emphasized the exchange of visits between the chambers to boost the bilateral trade and economic relations.

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