EU, Bangladesh discuss ILO Conventions, laundered money recovery

Bangladesh has a clear roadmap to implement conventions of the International Labour Organization (ILO) as the country has the full admiration to it, Commerce Adviser Sheikh Bashir Uddin said today (3 December).

He made the remarks when European Union Ambassador and head of delegation Michael Miller paid a courtesy call on him at his office in Dhaka.

Bashir Uddin said issues like bilateral trade, increased mutual cooperation, and implementation of the ILO convention and return of laundered money came up at the meeting for discussion.

The adviser said Bangladesh has a huge population, mostly of youths, and the government wants an economic emancipation by utilising them after making them skilled human resources.

Addressing the price hike of commodities, the adviser said they slapped tax on import to stablise local market.

The European Union ambassador said the free trade contract between the two countries will play a vital role in speeding up the trade.

The direct investment from Europe to Bangladesh will escalate if the atmosphere of investment is developed, he added.

Michael Miller expressed keenness in assisting Bangladesh in returning back the laundered and stolen money by logistics and experts.