President urges Italian investors to invest more in Bangladesh

President Mohammed Shahabuddin on Tuesday urged the investors of Italy to invest in Bangladesh's export processing zones and hi-tech parks, reports UNB.
"Italy is the sixth largest export destination of Bangladesh and the volume of bilateral trade exceeded three billion dollars last year. Bangladesh has developed more investment-friendly environment for the investors," he said.
He said this while newly appointed Italian Ambassador in Bangladesh Antonio Alessandro presented his credential to him at Bangabhaban, President's press secretary Joynal Abedin told reporters after the meeting.
Welcoming the new ambassador, the President said that the relationship between Bangladesh and Italy is very deep. The celebration of 50 years of diplomatic relations between the two countries is a milestone in bilateral relations.
He said the prime minister's participation in the Food System Summit held in Italy in 2023 and the state visit to Italy in 2020 marked the beginning of a new chapter in the relationship between the two countries.
He said the recent signing of energy and cultural exchange agreement has brought more dynamism to the relationship between the two countries.
Apart from this, there is a discussion about increasing co-operation in the fields of defence, immigration, security and cyber security.
Thanking Italy for its cooperation in dealing with the Rohingya crisis, the President requested Italy to continue its pressure for their repatriation to their homeland Myanmar.
Urging Italy to take more manpower from Bangladesh, the President welcomed the interest of the Italian government from Bangladesh under Italy's legal migration scheme. The Italian ambassador said that his government attaches great importance to the development of relations with Bangladesh. Bangladesh's manpower is playing an important role in the development of Italy.