Dhaka-London sign pact to develop Bangladesh`s aviation sector

Dhaka and London on Friday signed a joint communique to establish an "Aviation Partnership" for the necessary cooperation in the development of Bangladesh's aviation sector, including the purchase of passenger and cargo aircraft from Airbus.

Prime Minister's Private Industry and Investment Adviser Salman F Rahman and UK's Investment Minister Lord Dominic Johnson signed the agreement in London, according to a statement of the Bangladesh High Commission in the UK.

Prime Minister's Principal Secretary M Tofazzal Hossain Mia and UK Prime Minister's Trade Envoy to Bangladesh Rushanara Ali were present during the signing ceremony.

The statement said Bangladesh's trade and investment relations with UK and the other European partners of Airbus will be strengthened along with the development of Bangladesh's aviation industry through this initiative.

"Bangladesh can also get long-term credit facilities from UK Export Finance scheme on easy terms for the purchase of aircraft from Airbus," it said.

After signing the agreement, Salman F Rahman expressed his satisfaction and said that as a result of this initiative, a long term and effective relationship can be established between Airbus and Bangladesh Biman through which the current relationship between Bangladesh, UK, France, Germany, and EU can be strengthened further.

UK Investment Minister Lord Dominic Johnson in a tweet said that Bangladesh's aviation industry will be strengthened through an effective Aviation Partnership and new jobs will be created in both countries.

Read More