Bangladesh has urged US investors to set up COVID-19 vaccine manufacturing plants in Bangladesh to ensure its availability at lower cost for people of the country.

An inter-session meeting of Bangladesh and USA in the Trade and Investment Cooperation Forum Agreement (TICFA) was held today where this demand was made. This is an inter-session meeting between the fifth and sixth rounds of TICFA meeting.

The fifth round was held in Dhaka in March this year.

"We need a lot of Foreign Direct Investment (FDI) for our country's development. US companies are the largest investors in Bangladesh mainly in power and energy sectors. We sought US investment in the pharmaceutical sector as this industry has been thriving in the country rapidly," said Commerce Secretary Md Jafar Uddin who led the Bangladesh side in the virtual meeting.

https://www.thedailystar.net/business/news/us-investors-urged-set-COVID-19-vaccine-plants-bangladesh-1951101