A Memorandum of Understanding (MoU) was signed Thursday between Japan Information Technology Services Industry Association (JISA) and the Bangladesh Association of Software and Information Services (BASIS) during the Trade and Investment Summit in Japan demonstrating the significant cooperation between the two countries.
The MoU is expected to boost cooperation between the two countries and encourage Japanese investors to invest in the Bangladeshi ICT sector. Takashi Hara, Chairman, JISA, Japan and Russell T. Ahmed, President, BASIS signed the MoU on behalf of their respective organizations. Takeshi MIYAMOTO, President of JISA, and Abu Daud Khan, Vice President (Admin) were present during the signing, said a press release.
The release said the Trade & Investment Summit held in Japan provided a significant boost to the Bangladesh’s ICT sector. Prime Minister Sheikh Hasina attended the program as the chief guest, emphasizing the importance of strengthening trade and investment relationships between Bangladesh and Japan.
The Bangladesh Securities and Exchange Commission (BSEC) and Bangladesh Investment Development Authority (BIDA), in collaboration with the Japan External Trade Organization (JETRO) and The Japan-Bangladesh Committee for Commercial and Economic Co-operation (JBCCEC), organized the summit. The event highlighted the immense potential for economic cooperation between the two countries.
Representing Bangladesh’s ICT sector at the summit, BASIS President Russell T. Ahmed delivered a speech and gave a presentation on the Bangladesh ICT industry, highlighting its capabilities, successes, prospects and incentives offered by the government to foreign investors.
At the program, BASIS President called on Japanese businessmen to invest in Bangladesh’s ICT sector. He also mentioned that ICT education skills of the young generation of Bangladesh can play an important role in ensuring mutual trade benefits in the development of both countries.
