Dhaka, Mar 09 (V7N)- Chief Advisor Dr. Muhammad Yunus has urged Kuwait to invest in oil refinery construction and special economic zones in Bangladesh, emphasizing the potential for deeper economic collaboration.

The call came during a meeting at the State Guest House Jamuna in Dhaka, where newly appointed Kuwaiti Ambassador Ali Tunian Abdul Wahab Hamadah met with the Chief Advisor. Both countries reaffirmed their commitment to strengthening diplomatic and economic ties, focusing on investment, energy, food security, and migrant welfare.

Welcoming Ambassador Hamadah, Professor Yunus recalled the historical ties between Bangladesh and Kuwait and highlighted investment opportunities in key sectors. He particularly stressed the global potential of the halal food industry and urged Kuwait to support initiatives that involve Bangladeshi youth.

He also invited Kuwaiti investors to participate in the Bangladesh Investment Summit, scheduled to be held in Dhaka from April 7 to 9, saying:

"Bring investors from Kuwait to the conference. It will be a big opportunity for both countries."

To address Bangladesh's growing energy demand, Dr. Yunus proposed a joint venture for an oil refinery with Kuwaiti investment. Discussions also included the possibility of increasing crude oil imports from Kuwait and expanding renewable energy cooperation.

Ambassador Hamadah conveyed the full support of Kuwaiti Prime Minister Sheikh Ahmed Abdullah Al-Ahmad Al-Sabah and the people of Kuwait for Bangladesh's interim government, saying:

"We look forward to working together."

He reaffirmed Kuwait’s interest in strengthening trade and investment, particularly in the energy sector.

Dr. Yunus also stressed the need to improve working conditions for Bangladeshi migrant workers in Kuwait, especially for women workers. In addition, he acknowledged the strong defense ties between the two nations and praised the professionalism of Bangladeshi military personnel serving in Kuwait.

At the end of the meeting, both sides agreed to enhance cooperation in trade, energy, and other key sectors, with Dr. Yunus stating:

"Our partnership is based on mutual respect and cooperation. We are committed to further enhancing cooperation in trade, energy, and other sectors."

This meeting marks a significant step toward expanding Bangladesh-Kuwait economic and diplomatic relations, with major investment opportunities on the horizon.

END/MSS/AJ