The New Nation - Internet Edition

BSS, New York

The Italian Prime Minister Romano Prodi on Tuesday showed keen interest to invest more in Bangladesh.

During a meeting with Chief Adviser Dr Fakhruddin Ahmed on sidelines of the UN General Assembly, he highly appreciated Bangladesh's active role in the area of climate change important for both the countries.

Explaining the favourable investment opportunities that exist for foreign investors in Bangladesh, Dr Fakhruddin said Italian companies would be most welcomed.

He said ideal conditions for investments are present in power, infrastructure and energy sectors.

The Chief Adviser also underscored the fact that Bangladesh was in a position to expand the export basket to Italy, particularly with larger components of pharmaceuticals and leather in addition to RMG and knitwear.

He sought Italy's support for simplification of rules of origin of Bangladesh exports to the European Union.

Romano Prodi also praised the Bangladeshi workers in Italy stating that they are "peaceful, disciplined and economically active".

Dr Fakhruddin Ahmed said this was a win-win situation for both the countries, creating employment for Bangladesh and economic growth for Italy.

The Chief Adviser also explained the steps taken by the caretaker government to ensure the timely holding of a free, fair and credible election.

Dr Fakhruddin Ahmed extended a very warm invitation to the Italian Prime Minister to visit Bangladesh.