Commerce Minister Tipu Munshi has launched the "Bangladesh Trade Facilitation," a new agriculture and economic development project funded by the US Department of Agriculture's Foreign Agricultural Service.
US Ambassador Earl R Miller joined the minister at the inaugural ceremony held at a Dhaka hotel Wednesday.
Tipu emphasised the government's "commitment to ensuring self-sufficiency in food production, supplying safe and nutritious food as well as commercialising the agriculture sector, making it a profitable venture for poor farmers."
Noting the investment from the American people, Ambassador Miller, in turn, confirmed the US government's support for Bangladesh's reform measures and promotion of a business-friendly trade environment.
"This project will facilitate and incentivise investment, construction, and the operation of new cold storage facilities to improve and expand on Bangladesh's refrigerated logistics network," Miller added.