Japan seeks closer ties to enhance business opportunities with Bangladesh

Japan has reaffirmed its support for the interim government of Bangladesh and sought to increase bilateral engagement for a boost in businesses and development cooperation.

Ikuina Akiko, the Parliamentary Vice-Minister for Foreign Affairs of Japan, conveyed the message to Chief Adviser Professor Muhammad Yunus when she called on him at the State Guest House Jamuna today (2 February).

"Japan values its relationship with Bangladesh and has consistently supported it. My visit is to convey our commitment towards supporting Bangladesh and further enhancing our bilateral relationship," Akiko told the chief adviser.

The chief adviser called Japan a very close ally and helpful friend and said that the two countries need strong cooperation at this historic period.

Chief Adviser Professor Muhammad Yunus presented an art book on graffiti of Bangladesh to the visiting Japanese vice minister at state guest house Jamuna today (2 February). Photo: CA Press Wing

"This is a new Bangladesh, a very opportune time in view of our relationship," said the chief adviser.

Japan is the single largest bilateral development partner of Bangladesh, which offered sustained and generous support over the years to the Bangladesh's socio-economic advancement.

The bilateral trade between the two countries now stands at around $4 billion, with Japan being one of Bangladesh's top five export destinations.

More than 350 Japanese companies are currently operating in Bangladesh.

The Japanese vice minister enquired about the interim goverment's ongoing reform initiatives and plans for the next general elections.

She invited the chief adviser to visit Japan for the Nikkei 30th Future of Asia event to be held on 29-30 May in Tokyo.

She also invited Professor Yunus, a recipient of the Nikkei Asia Prize in 2004, for Osaka Expo 2025, a separate event, in May.

The organiser of the Expo will observe 11 May as Bangladesh Day, and the Japanese vice-minister said that the chief adviser's presence there could be encouraging for all.