Japanese envoy urges better business climate for EPA benefits

Outgoing Japanese Ambassador Iwama Kiminori on Sunday called for improving the business environment in all aspects as a fundamental requirement for a new chapter of relations between Japan and Bangladesh to reap the benefits of the economic partnership agreement (EPA).

The successful conclusion of the second round of negotiations on EPA last week has shown the strong determination to take the country forward and improve the business environment, he added.

The Ambassador was addressing the annual general meeting of the Japan Bangladesh Chamber of Commerce and Industry (JBCCI) as chief guest at a Dhaka city hotel.

He said the last week’s successful negotiations signal the nurturing of a positive environment.

Ambassador Iwama also said the foundation that has been established during all the years continues to offer opportunities for both Japan and Bangladesh.

He lauded the role of JBCCI in this regard as a valuable platform and said the increase in the chamber's membership shows the success and opportunities ahead. The Ambassador also lauded the Chamber's role in EPA negotiation.

The Ambassador recalled respect and support received by all during his two years of tenure in the country and hoped for the government's more support in improving investment and the business environment.

JBCCI secretary general Anwar Shahid said Bangladesh has amazing potentials to rebuild and go forward using the experiences of Japan.

Abdul Haque of Haq Bay said more Japanese investment is expected in Bangladesh's manufacturing, technology and renewable energy  sectors, apart from big infrastructure projects.

He added that reforms need to address the right agendas and to improve not only the business environment but also the social environment in the country.

Among others, founder of JBCCI and honorary member AKM Moazzem Hussain, past President Sugawara Manabu and newly elected President Tareq Rafi Bhuiyan spoke on the occasion.

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