Bangladesh and the United Kingdom (UK) on Tuesday signed a Memorandum of Understanding (MoU) to strengthen cooperation in public-private partnerships (PPPs), aiming to boost investment and sustainable infrastructure development in the aviation sector.
The MoU was signed by Chowdhury Ashik Mahmud Bin Harun, chief executive officer of the PPP Authority of Bangladesh, and Sarah Cooke, British High Commissioner to Bangladesh, in the presence of UK Trade Envoy Baroness Rosie Winterton of Doncaster, according to a statement.
Baroness Winterton is visiting Dhaka this week to reinforce and expand the longstanding and mutually beneficial UK-Bangladesh trade and economic partnership, the statement issued by the British High Commission said.
Speaking at the event, Baroness Winterton said the UK and Bangladesh are close economic partners and that the MoU reflects a shared ambition to develop an aviation sector that supports trade, tourism and economic growth.
British High Commissioner Sarah Cooke said the UK, as one of the largest investors in Bangladesh, remains a reliable long-term economic partner.
State Minister for Civil Aviation and Tourism M Rashiduzzaman Millat said the agreement would further strengthen bilateral partnership and business ties.
Terming the MoU an important step forward, Chowdhury Ashik Mahmud Bin Harun said support from the Prime Minister's Office and the Ministry of Civil Aviation and Tourism had helped bring the initiative to fruition.
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