Ito Naoki, Japan's ambassador to Dhaka, told Commerce Minister that Japan was considering setting up an automobile factory in Bangladesh. Japan will make a major investment in Bangladesh's 2,500 special economic zones, the largest in Asia. On Thursday (September 3), the Commerce Minister exchanged views with Japanese Ambassador to Bangladesh Ito Naoki in the office room of his official residence. The Japanese Ambassador said this to the Commerce Minister of Bangladesh. This information was given in a press release sent by the Ministry of Commerce. At the time, Commerce Minister Tipu Munshi said, "Bangladesh has long-standing friendly trade and economic relations with Japan. Japan is a big partner in the development of Bangladesh. Bangladesh has a lot of opportunities to increase its exports to Japan. Bangladesh wants to take advantage of this opportunity. Bangladesh's exports to Japan will increase if more trade facilities are provided for the export of readymade garments. Bangladesh will become a middle-income country from LDCs in 2024. Calling for the continuation of the five-year trade facility, the minister said, "100 special economic zones are being set up in the country under the direction of Prime Minister Sheikh Hasina." Japan will benefit if it invests in these. Bangladesh has announced a package to provide attractive investment opportunities here. Bangladesh is a big market for Japanese made cars. It will be profitable if Japan sets up a car factory in Bangladesh. ”At the time, the Japanese ambassador told the commerce minister that Japan was thinking of setting up an automobile factory in Bangladesh. Japan will invest heavily in the 2500 Special Economic Zones of Bangladesh - the largest investment in Asia. The Japanese Ambassador to Dhaka said, "Japan has taken initiatives to increase trade and investment with Bangladesh. Even after LDC graduation in 2024, Japan is thinking of continuing the trade facilities given to Bangladesh. For this FTA or PTA can be done. Japanese businessmen are keen to increase trade with Bangladesh. A joint working group could be formed to increase trade and investment between the two countries. There is a huge demand for skilled workers in Japan. Bangladesh can take this opportunity. Under the leadership of Prime Minister Sheikh Hasina, Bangladesh is rapidly advancing. Similarly, Bangladesh imported goods worth US ৮ 1752.50 million from Japan in FY 2018-19 and US ১২ 1294.91 million in July-May of FY 2019-20. Md. Zafar Uddin, Additional Secretary of the Ministry of Commerce (Exports) said. Obaidul Azam was also present. Besides, Indian Ambassador to Bangladesh Riva Ganguly paid a farewell call on Commerce Minister Tipu Munshi at his official residence on Thursday. During the meeting, they exchanged views on issues of mutual interest.