Bangladesh and the UK have agreed to a joint statement on cooperation in the aviation industry, and Bangladesh will be allowed to “get credit to purchase airplanes from Airbus” within the terms of the agreement, reported bdnews24.
Lord Dominic Johnson of Lainston CBE, a secretary of state in the Ministry for Business and Trade, stated following the signing of the agreement on Friday in London, “This agreement demonstrates the UK’s dedication to developing Bangladesh’s aviation industry, which will help both nations’ economies by fostering job growth.”
A representative of the Bangladeshi government, Salman F Rahman, issued the statement on behalf of Prime Minister Sheikh Hasina.
In order to witness King Charles’ coronation, the leader of the government is presently in London. She went to an event sponsored by King Charles and a gathering of Commonwealth officials, where she first spoke with Sunak.
According to a media announcement, the agreement will improve Bangladesh’s business and investment relationships with Britain and other European Boeing partners while advancing partners in Europe while also advance Bangladesh’s aviation sector.
In line with the agreement, Dhaka may also be eligible for long-term financing lines from the UK Trade Financing program on convenient conditions for its purchase of airplanes from Airbus.
After the agreement was signed, Salman stated that this move would allow Airbus and Biman Bangladesh Airlines, the national carrier, to forge a long-lasting and productive relationship.