Things improved; confidence coming back: Envoy

Things improved; confidence coming back: Envoy

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British High Commissioner in Dhaka Alison Blake on Monday said things have improved and confidence is coming back since July 1 tragedy but it is far too early for any of them to relax their guard.She appreciated Bangladesh government’s initiatives to ensure safety of the international community, residents and visitors, diplomats, buyers and cricketers.“Together, we’ll address this threat and so that all Bangladesh’s citizens, residents and visitors can go about their lives peacefully, in safety and security,” said British High Commissioner.Blake was addressing a programme hosted by Foreign Investors’ Chamber of Commerce & Industry (FICCI) in the city.

FICCI President Rupali Chowdhury; Vice-President Kevin Lyon; Executive Director, Jamil Osman and FICCI members were present.The British High Commissioner said the whole world was shocked by the events of July 1 which demonstrated beyond any reasonable doubt that the global extremist terror networks had extended their influence, their reach, into Bangladesh, too.She said the will of the Bangladesh government and people to fight this scourge in partnership with the UK and other international friends of Bangladesh is strong and thanked the government of Bangladesh, its police and local authorities for the action they have taken to ensure the safety for all.Blake said to invest in a market businesses need confidence that it will be stable and that they and their investments will be secure. “And we all know that creating the conditions for that is challenging.”Turning to the UK’s trade relationship with Bangladesh, she said the UK is the second largest investor in Bangladesh, contributing 13 percent of total FDI into Bangladesh last year, and some $322m so far this year.More than 200 UK companies in Bangladesh provide employment, transfer knowledge, run significant CSR initiatives and are some of the highest contributors in tax revenue, said the British diplomat.Blake said some 500,000 Bangladeshis living in the UK send a significant proportion of total remittances to the country ($812million in 2015).The British envoy said they are involved in some of the largest infrastructure projects in the country, including Payra Port and Padma Bridge.“But there’s scope for more British companies, especially SMEs, to bring their expertise and collaborate with Bangladeshi partners, for the benefit of both of our countries,” she said.Talking about Brexit, Blake said Britain will remain the same outward looking, globally minded, flexible and big thinking country it has always been – a beacon for open trade, and committed to making the UK a great place to own and grow a business.“That includes supporting those businesses that trade with the EU, as well as continuing to encourage record FDI into the country,” she said.Blake said the UK remains committed to ensuring developing countries can reduce poverty through trading opportunities.“We believe that a strong and prosperous, stable and democratic Bangladesh is not just in the interests of the people of Bangladesh and the region but overwhelmingly in our own interest too,” she said.
source:UNB

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