Committed to PEOPLE'S RIGHT TO KNOW
Vol. 4 Num 233 Tue. January 20, 2004  
   
Business


Three-day US trade show begins tomorrow


The annual US trade show begins in Dhaka tomorrow to showcase American products and services available in Bangladesh.

Foreign Minister M Morshed Khan will inaugurate the three-day exposition at Dhaka Sheraton Hotel. The American Chamber of Commerce in Bangladesh (AmCham) and US Embassy in Dhaka are organising the 13th version of the show.

US Ambassador to Bangladesh Harry K Thomas will also be present at the inaugural function.

On the eve of the show President of AmCham Aftab ul Islam told a press briefing yesterday that the trade show would contribute to opening new opportunity for trade expansion for both the countries.

"The US trade show is getting popular as consumers get chance to see all US products and services under one floor," he said.

A total of 75 companies are taking part in the fair in 116 booths.

Addressing the press conference, Mark Tesone, economic officer of US Embassy, said the US investment is declining in Bangladesh due to less infrastructure facility, which puts Bangladesh behind China, Thailand and India in competitiveness.

"Bangladesh should improve its port, communications facility to woo US investors back," he said. About export fall he advised the government to approach US for getting generalised system of preference facility.

He said Bangladesh should take decision on gas export, trade unionism in export processing zones and Trade and Investment Framework Agreement (Tifa) before negotiating GSP facility.

Dundas C McCullough, political, economic and communications officer of US Embassy in Dhaka, Karl Fritz, public affairs officer of the embassy, and A Gafur, executive director of AmCham, were also present at the press conference.

The show will be open to the public from 10am to 8pm during January 21-23. The entry fee is fixed at Tk 10 a person.