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US to discuss economic support for Bangladesh interim government
Donald Lu, assistant secretary for South Asia, will be part of a US delegation holding meetings with the Bangladeshi interim government, says a State Department statement
Demonstrators wave Bangladesh's national flag during Martyr March, a rally organised by Students Against Discrimination to mark one month to the ousting of the country's former Prime Minister Sheikh Hasina, in Dhaka on September 5. AFP File Photo
US officials will hold talks with Bangladesh's interim government to see how the United States can support the country's economy and development, the US State Department said on Tuesday.
An interim government led by Nobel Peace laureate Muhammad Yunus was sworn in last month with the aim of holding elections in the South Asian nation after the ouster of prime minister Sheikh Hasina following deadly protests.
A State Department statement said Donald Lu, the assistant secretary for South Asia, will be part of a US delegation holding meetings with the Bangladeshi interim government. Lu will also visit India during the Sept. 10-16 trip.
The State Department said the delegation would include representatives from the US Treasury, USAID, and the Office of the US Trade Representative.
"US and Bangladeshi officials will discuss how the United States can support Bangladesh’s economic growth, financial stability and development needs," the statement said.
The Financial Times newspaper earlier reported that the delegation would meet with Bangladeshi officials, including Yunus, on Saturday and Sunday in Dhaka to discuss Bangladesh's fiscal and monetary policy and also the health of its financial system.
"The United States is optimistic that, by implementing needed reforms, Bangladesh can address its economic vulnerabilities and build a foundation for continued growth and increased prosperity," Brent Neiman, assistant US Treasury secretary for international finance, told the newspaper.
Bangladesh's $450-billion economy has slowed sharply since the Russia-Ukraine war pushed up prices of fuel and food imports, forcing it to turn to the International Monetary Fund last year for a $4.7-billion bailout.
In India, Lu and US Principal Deputy Assistant Secretary of Defence for Indo-Pacific Security Affairs Jedidiah Royal will discuss defence cooperation and ways to expand US-India collaboration in the Indo-Pacific and beyond, the State Department statement said.
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