1:44 pm, Monday, 17 March 2025

Yunus urges Canada to relocate manufacturing to Bangladesh

  • Bizbd Report
  • Update Time : 08:40:56 pm, Monday, 10 February 2025
  • 165

The Minister of International Development of Canada, Ahmed Hussen, calls on chief adviser Professor Muhammad Yunus on Monday at the Chief Adviser's Office at Tejgaon in Dhaka. — PID photo

Chief Adviser Muhammad Yunus on Monday urged Canada to relocate its manufacturing factories to Bangladesh and transform the country into a production hub, leveraging its youthful workforce.

He made the call when international development minister of Canada Ahmed Hussen called on the chief adviser at the Chief Adviser’s Office at Tejgaon in the city.

During the meeting, Ahmed Hussen said that Canada welcomed its engagement with Bangladesh to continue technical discussions towards a foreign investment promotion and protection agreement or FIPA to expand trade and investment ties between the two countries.

‘Businesses in Canada will feel encouraged if FIPA is signed. They will see it as a signal,’ the Canadian minister told the Chief Adviser.

Prof Yunus requested the Canadian minister to expedite visa process for Bangladeshi students.

Responding to the chief adviser’s call, the Canadian minister said that they would welcome any legitimate student from Bangladesh and that the country’s recent decision to reduce the number of student study permits had not particularly targeted Bangladeshis.

‘We did cut visas. But there is nothing against Bangladesh. Any legitimate student from Bangladesh is welcome,’ he said.

The chief adviser sought Canada’s assistance again for bringing stolen money back to Bangladesh. ‘There is a whole area called ‘Begum Para’, where family members of corrupt people are living,’ he said.

‘We are working hard to get rid of corruption, as corruption is everywhere,’ he added.

Assuring Bangladesh of the Canadian government’s assistance, the Canadian minister said, ‘We don’t want corrupt money, plundered public money in Canada.’

During the meeting, the Canadian minister reiterated the support of his government for Bangladesh’s interim government.

‘I know the people of Bangladesh are looking to you and your team is working to fulfil their hope and expectations,’ he said.

They also discussed the ongoing reform initiatives in Bangladesh, the upcoming general election and the plight of Rohingya refugees from Myanmar.

Ajit Singh, Canadian high commissioner to Bangladesh, and Lamiya Morshed, senior secretary for SDG affairs, were also present.

Yunus urges Canada to relocate manufacturing to Bangladesh

Update Time : 08:40:56 pm, Monday, 10 February 2025

Chief Adviser Muhammad Yunus on Monday urged Canada to relocate its manufacturing factories to Bangladesh and transform the country into a production hub, leveraging its youthful workforce.

He made the call when international development minister of Canada Ahmed Hussen called on the chief adviser at the Chief Adviser’s Office at Tejgaon in the city.

During the meeting, Ahmed Hussen said that Canada welcomed its engagement with Bangladesh to continue technical discussions towards a foreign investment promotion and protection agreement or FIPA to expand trade and investment ties between the two countries.

‘Businesses in Canada will feel encouraged if FIPA is signed. They will see it as a signal,’ the Canadian minister told the Chief Adviser.

Prof Yunus requested the Canadian minister to expedite visa process for Bangladeshi students.

Responding to the chief adviser’s call, the Canadian minister said that they would welcome any legitimate student from Bangladesh and that the country’s recent decision to reduce the number of student study permits had not particularly targeted Bangladeshis.

‘We did cut visas. But there is nothing against Bangladesh. Any legitimate student from Bangladesh is welcome,’ he said.

The chief adviser sought Canada’s assistance again for bringing stolen money back to Bangladesh. ‘There is a whole area called ‘Begum Para’, where family members of corrupt people are living,’ he said.

‘We are working hard to get rid of corruption, as corruption is everywhere,’ he added.

Assuring Bangladesh of the Canadian government’s assistance, the Canadian minister said, ‘We don’t want corrupt money, plundered public money in Canada.’

During the meeting, the Canadian minister reiterated the support of his government for Bangladesh’s interim government.

‘I know the people of Bangladesh are looking to you and your team is working to fulfil their hope and expectations,’ he said.

They also discussed the ongoing reform initiatives in Bangladesh, the upcoming general election and the plight of Rohingya refugees from Myanmar.

Ajit Singh, Canadian high commissioner to Bangladesh, and Lamiya Morshed, senior secretary for SDG affairs, were also present.