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Home»Economic»Foreign investment deal can bolster Canada-Bangladesh economic ties: Weldon Epp
Economic

Foreign investment deal can bolster Canada-Bangladesh economic ties: Weldon Epp

July 13, 2025No Comments2 Mins Read
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The officials expressed optimism over ongoing technical talks on FIPA and hinted at the possibility of future dialogue on a FTA

TBS Report

13 July, 2025, 11:25 pm

Last modified: 13 July, 2025, 11:41 pm

Representational image. Photo: Collected

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Representational image. Photo: Collected

Representational image. Photo: Collected

Canada’s Assistant Deputy Minister for the Indo-Pacific Weldon Epp said a Foreign Investment Protection and Promotion Agreement (FIPA) would play a “critical role in boosting confidence” among Canadian investors looking to engage in Bangladesh’s growing economy.

During his first official visit to Bangladesh, Epp met with Foreign Secretary Asad Alam Siam at the Ministry of Foreign Affairs today (13 July), where both sides discussed deepening bilateral ties in trade, investment, development cooperation, and education, according to a press release.

The two officials expressed optimism over ongoing technical talks on FIPA and hinted at the possibility of future dialogue on a Free Trade Agreement (FTA).

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Epp praised Bangladesh as a long-standing and reliable partner and highlighted the role of the Bangladeshi diaspora in strengthening people-to-people ties.

The foreign secretary, meanwhile, underscored the need for easing student visa processes to enhance educational exchange and skills development.

Epp also commended Bangladesh’s ongoing support for Rohingya refugees and assured continued Canadian assistance.

Both sides reiterated their commitment to a broader Indo-Pacific partnership built on shared priorities and mutual prosperity.

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