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Tuesday, April 30, 2024

Thailand favours increased connectivity, trade with Bangladesh: Envoy

Thailand has said Bangladesh’s economy would be more resilient provided it diversifies its sources of income rather than relying heavily on readymade industry.

The Southeast Asian nation is also keen on promoting economic cooperation with Bangladesh through increased connectivity and bilateral trade, said the country’s ambassador in Dhaka.

“Bangladesh should also consider adding more value to its RMG products by building capacity on design, and research and development to enable local brands to compete in the global market,” Thai Ambassador to Bangladesh Makawadee Sumitmor told UNB in an interview this week.

She noted that both countries have set the goal to increase the bilateral trade volume to US$ 2 billion.

During the past five decades, Bangladesh has progressively built the nation with growing per capita income, said the ambassador.

Bangladesh, she said, will graduate from…

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