BD, US to sign agreement during visit of US treasury delegation

Bangladesh and the US will sign a Development Objective Agreement during the visit of the US high level delegation. foreign ministry sources said.

 

The US delegation which will hold talks with various government departments on financial and development support issues arrived in the morning on Saturday.

 

Brent Neiman, deputy under secretary for International Finance at the Department of the Treasury is leading this team, which also includes representatives from the US Department of the Treasury, USAID, and the Office of the US Trade Representative. 

 

US Assistant Secretary of State for the Bureau of South and Central Asian Affairs, Donald Lu, arrived in Dhaka yesterday afternoon, following his three-day visit to India. He will be with the delegation till Sunday.  

 

They had a meeting with a Bangladesh business delegation in the afternoon.

 

“From energy security to data centers to transportation, US businesses play a positive role in many facets of Bangladesh’s economy! With the right economic reforms in place, the American private sector can help unlock Bangladesh’s growth potential through trade and investment” a spokesperson of the US Embassy said after the meeting.

 

A US Department of State spokesperson stated that discussions will focus on how the United States can support Bangladesh’s economic growth, financial stability, and development needs.

 

This is the first visit by any US delegation to Dhaka since the interim government, led by Prof Muhammad Yunus, took charge after the fall of the Awami League government.

 

Bangladesh will discuss issues related to financial and development assistance, with the high level US delegation led by Assistant Secretary of State for the Bureau of South and Central Asian Affairs Donald Lu.

 

Commenting on the visit foreign affairs adviser Touhid Hossain said that Bangladesh will seek US assistance during the discussion but the forms of the assistance will be determined by the finance ministry.

 

The foreign secretary will led the Bangladesh side in the bilateral meeting between the two countries.

 

The US Treasury delegation will meet separately with concerned departments of Bangladesh.