Bangladesh has sought US investment and technological support in agro-processing, agricultural trade and jute sectors as it could promote food security and address environmental degradation caused by the use of polyethylene-based items.
The indication was given after a review of the country's post-Covid-19 recovery strategy to expand domestic demand through public investments in infrastructure and service delivery and to increase the rate of foreign direct investment in export diversifying sectors.
It came at a meeting of the newly formed US–Bangladesh Economic Partnership Dialogue held virtually on September 30.
Salman F Rahman, the prime minister's adviser on private industry and investment, led the Bangladesh side and Keith Krach, US under-secretary of state for economic growth, energy and environment, headed the US side in the meeting.
The meeting participants observed that efforts should continue to support cooperation in areas of science and technology, including innovative plant breeding technologies, science-based standards, and the principles of risk analysis.