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Sri Lankan investors eyeing Bangladesh market

Related Keywords: apparel industry, Bangladesh exports apparel, cheaper rates, export apparel to the European market, eyeing Bangladesh., Free trade agreement, global market, labour rights issue, lack of sufficient labour, Maithripala Sirisena, not secured GSP Plus, Sri Lanka enjoys GSP plus, Sri Lankan President, strengthen bilateral ties, visited Bangladesh

Recently, Sri Lankan President Maithripala Sirisena visited Bangladesh to further strengthen the bilateral ties between the two nations which values at US $ 142 million and has potential to be boosted. For this purpose, there must be mutual understanding economically and politically between the two countries, in addition to the free trade agreement (FTA), for which two high commissioners had discussions a few months ago.

Japanese technology, investment to speed up growth in Ethiopia

Related Keywords: attract Japanese companies, Cham Ugala Uriat, Ethiopias new Ambassador to Japan, help Ethiopia become the regions textile hub, introduce Japanese technology, investment projects into Ehtiopia, reduce production costs, serve as a gateway to Africa, speed up its growth, strengthen bilateral ties

Cham Ugala Uriat, Ethiopia’s new Ambassador to Japan, who officially assumed his position in April, wants to attract Japanese companies and introduce Japanese technology and investment projects into Ethiopia as it would not only speed up its growth but could also serve as a gateway to Africa.

The ambassador believes that Japanese technology will speed up Ethiopia’s growth, and with investment projects in sectors such as the textile industry, will help Ethiopia become the region’s textile hub by 2025.

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