Tuesday , September 16 2025

AmCham Calls for Reforms to Attract Greater U.S. Investment in Bangladesh

Special Correspondetn: The American Chamber of Commerce in Bangladesh (AmCham) hosted a Luncheon to formally welcome Mr. Paul Frost, Commercial Counselor, U.S. Embassy Dhaka on September 16, 2025, at the Sheraton Dhaka. Including AmCham President and the AmCham Executive Committee members, top executives from AmCham member companies, Development Partners, high officials from Ministry and regulatory bodies, Chamber Leaders, Diplomatic missions, and Economists, Scholars, and Media were present at the event.

In his opening remarks, AmCham President Mr. Syed Ershad Ahmed highlighted Bangladesh’s position as an important and promising destination for U.S. trade and investment, where the business relationship has been both favorable and expanding daily. He highlighted that the U.S. being the single largest source of FDI, brings not only capital but also technology, knowledge transfer, and global best practices that benefit the economy and people of Bangladesh. He stressed that we could attract greater U.S. investment by modernizing logistics, simplifying customs, removing non-tariff barriers, strengthening IPR enforcement, and improving labor standards. He also highlighted emerging opportunities in energy, ICT, renewable technologies, and digital commerce, where U.S. expertise can play a transformative role in creating a more predictable business environment. He reaffirmed AmCham’s commitment to facilitating these collaborations to ensure shared prosperity.

Highlighting U.S. trade priorities, Paul Frost, Commercial Counselor said, “We see opportunities to grow U.S. exports to Bangladesh in many sectors. Our priority sectors include power and energy, aviation, agriculture (including cold chain and agricultural technologies), infrastructure development and engineering, defense and security equipment, information communication technology, and healthcare. Our office also aims to work constructively with AmCham and government officials to help resolve problems that many American companies face. In improving Bangladesh’s investment climate, U.S. companies will prosper, and U.S. exports will flow more freely.”

In the end, Mr. Al-Mamun M Rashel, AmCham Treasurer, offered a vote of thanks. The program was supported by Coca-Cola Bangladesh Limited, Excelerate Energy, HSBC, VFS Global and VISA.

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