U.S. TRADE SHOW PROMOTES U.S.-BANGLADESH ECONOMIC TIES
The Trade Show takes place February 27-29 and features leading U.S. companies in Bangladesh and seminars on U.S. visas, study in the United States, private sector engagement, and America’s Indo-Pacific Economic Vision.
DHAKA, February 27, 2020 – On February 27, 2020, Chargé d’affaires a.i. (CDA) JoAnne Wagner inaugurated the 27th annual U.S. Trade Show at the Pan Pacific Sonargaon Hotel in Dhaka. The annual Trade Show is organized in close partnership with the American Chamber of Commerce in Bangladesh and showcases the high quality, cutting-edge American products and services U.S. businesses can offer Bangladeshi consumers, highlights the U.S. business community’s contributions to Bangladesh’s impressive economic growth story, and demonstrates U.S. commitment to deepening and broadening U.S.-Bangladesh economic and commercial relations. Forty-eight exhibitors operating in Bangladesh, including in the energy, agro-mechanization, and food and beverage sectors, and more, will display the products and services of over 100 U.S. brands.
In her remarks, CDA Wagner noted that the Trade Show comes at an important moment for U.S.-Bangladesh trade and investment ties. The United States is the number one export destination for Bangladeshi products. Two-way trade between the United States and Bangladesh totaled $9 billion in 2019, more than double the amount of 10 years ago, and U.S. exports to Bangladesh reached $2.3 billion.
“U.S. companies bring cutting edge technology, technology transfer, innovation, the highest quality products, integrity in our business practices, support and partnership with Bangladeshi companies, and the power of the pri
vate sector to Bangladesh, and that benefits both of our countries – all things we celebrate today at the Trade Show,” she said. U.S. companies also take their corporate responsibilities seriously, she added, noting examples of corporate social responsibility projects supported by numerous U.S. firms.
“I hope the Trade Show this weekend facilitates new business partnerships and advances new trade and investment deals. It underscores the importance of the United States and the U.S. private sector’s commitment to doing business in Bangladesh, and bringing responsible business practices and community outreach to the table,” Wagner said.
During the Trade Show, the U.S. Embassy will host four informational seminars. On Friday, February 28, Embassy officials will discuss the process for various U.S. visas, including business, investor, and work visas, at 4:00 p.m., followed by a session at 5:15 p.m. on studying in the United States and the free consultative education services provided by the U.S. Embassy through its EducationUSA Advising Centers across Bangladesh. On Saturday, February 29, the U.S. Agency for International Development (USAID) will lead a discussion on “Private Sector Opportunities in Bangladesh” at 3:00 p.m., and at 5:00 p.m. officials from the U.S. government and representatives from the private sector will discuss “America’s Indo-Pacific Economic Vision.”
The Trade Show will conclude with a sales contract signing between U.S. firm DSC Dredge and Bangladeshi firm Deep Diggers, bringing superb American-made dredges to Bangladesh while supporting local jobs and opportunities.
U.S. Embassy Dhaka’s participation in the annual U.S. Trade Show demonstrates U.S. commitment to supporting Bangladesh’s continued economic growth and development and a strong partnership to help ensure a free and open Indo-Pacific region, promoting market-based economics and free, fair, and reciprocal trade principles.
For more information about the Trade Show and the U.S. Embassy’s seminars, please visit: https://www.amchambd.org/u-s-trade-show-2020.
For more information about other news and developments in U.S.-Bangladesh relations and educational, cultural, professional, and business opportunities for Bangladeshis and Bangladeshi organizations and businesses, please visit the Embassy’s websites: www.bd.usembassy.gov (English language) and www.bd.usembassy.gov/bn (Bengali language) and our social media platforms: www.facebook.com/bangladesh.usembassy, www.twitter.com/usembassydhaka, www.facebook.com/USAID.Bangladesh, and www.facebook.com/EdUSABangladesh. For information about programs and opportunities offered by the Edward M. Kennedy (EMK) Center for Public Service and the Arts, please visit: www.emkcenter.org or www.facebook.com/EMKCenter.