DHAKA, May 12, 2024 (BSS) - South Korean Ambassador Park Young-sik has
expressed his country's keen interest to invest in the jute and leather
sectors of Bangladesh for mutual benefits of both the countries.

"Now South Korea is keen to develop both the country's success in jute and
leather sectors," he said, while making a courtesy call on textile minister
Jahangir Kabir Nanak at his secretariat office here today.

Talking to reporters after the meeting, Nanak said the envoy praised the
Bangladeshi government for the development in different sectors.

During the meeting, they discussed the progress of various development
projects of Bangladesh's textiles and jute sectors.

The Korean Ambassador greeted Prime Minister Sheikh Hasina on the formation
of the government for the fourth consecutive term.

"We are encouraging Korean companies to invest in various projects of
Bangladesh," he said, adding that therefore, efforts are being made to
increase Korean investment in other sectors besides the jute and leather
sectors.
 
The Ambassador sought the minister's cooperation to reduce their tariff and
to extend validity of the visas to those who are working in Bangladesh.

The Minister of Textiles and Jute assured the ambassador that he will try to
solve these problems by discussing with the concerned ministries and
departments.

BSS/ASG/BN/SSS/1911 hrs