Foreign Minister AK Abdul Momen on Monday encouraged US businesses to diversify their investments in Bangladesh beyond the energy sector. Talking to reporters at the Foreign Service Academy, Momen noted the current US investment in Bangladesh is concentrated in the energy sector. He said there are many potential areas where Bangladesh seeks foreign investment. A delegation from the US, members of the US-Bangladesh Business Council, is visiting Bangladesh until May 11 to explore economic opportunities between the two countries. Over 27 executives from across sectors like digital, energy, financial services, insurance, and agriculture are part of the business delegation. Also read: No chance of Chinese debt trap: FM The delegation met Momen at Foreign Service Academy on Monday afternoon. The Foreign Minister noted that the US has a strong investment presence in Bangladesh in the traditional sectors such as energy, oil, gas, and mineral resources. He stressed that there is a huge scope for the US investors to diversify their investment portfolio and funds, to invest in the emerging areas such as but not limited to, agro-processing, automobiles, shipbuilding, pharmaceuticals, renewable energy, information and communication technology and the blue economy.  The US business leaders appreciated the economic stride made by Bangladesh.