UK trade minister for boosting bilateral trade, investment

Strengthening bilateral trade and investment was focused in the discussions between the ministers and visiting UK Minister for International Trade Nigel Huddleston.
The UK is committed to working with Bangladesh to build a trade and investment relationship that will create jobs and develop both the economies, a spokesperson for the British High Commission said regarding the visit of Mr Huddleston, who arrived in the city on Tuesday.
The total trade in goods and services between the UK and Bangladesh reached a record £4.7 billion at the end of 2022.

Nigel Huddleston said: "The UK has a strong and enduring relationship with Bangladesh, and our trade with the country has grown significantly over the past several years."
"My first visit here demonstrates the UK's strong ambition to work with Bangladesh to achieve an enhanced trade and investment relationship. I look forward to working with the government of Bangladesh on increasing mutual prosperity by addressing barriers to market access and trade."
Minister Huddleston also called on Salman F Rahman, private industry and investment adviser to the prime minister, on Wednesday.
They discussed the Aviation Trade and Investment Partnership, signed by the UK and Bangladesh in May 2023, which will strengthen Bangladesh's aviation sector and create jobs in both countries.
The minister will also meet Commerce Minister Tipu Munshi and discuss the UK's world-leading Developing Countries Trading Scheme (DCTS), which came into force last month and will make it easier for Bangladesh to trade with the UK.
Bangladeshi exporters now benefit from simpler and more generous Rules of Origin, which means that they are able to produce goods using components from many more countries and still export these with zero tariffs to the UK.
Following the joint communique on Aviation Trade & Investment Partnership, Minister Huddleston met State Minister for Civil Aviation and Tourism Mahbub Ali.
Their talks focused on the UK's offer to help Bangladesh realise its ambition of becoming the next aviation hub in South Asia.
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