Bangladesh’s Commerce Minister Khandaker Abdul Muktadir emphasized the need for export diversification, greater market access, and increased investment to strengthen the United States–Bangladesh economic partnership. He made the remarks on Tuesday at a program titled “Strengthening US–Bangladesh Economic Partnership,” organized by the American Chamber of Commerce in Bangladesh (AmCham) at Hotel Sheraton in Dhaka.

The minister noted that while bilateral trade between the two countries continues to grow, Bangladesh remains heavily dependent on the ready-made garment sector, which poses risks. He said the government is prioritizing pharmaceuticals, leather, agricultural products, light engineering, and ICT to expand the export base. He also highlighted the importance of ensuring market access as Bangladesh prepares to graduate from least developed country status by November 2029, seeking US cooperation for a smooth transition.

Muktadir added that although US investment in Bangladesh’s energy sector has been positive, overall investment remains below potential. He underscored opportunities for collaboration in technology transfer, artificial intelligence, digital transformation, fintech, e-commerce, and digital services. US Ambassador Brent T. Christensen and AmCham President Syed Ershad Ahmed also stressed expanding trade and investment cooperation.