The Bangladesh cabinet has approved a proposal for signing an ‘Investment Promotion and Protection Agreement’ with Hong Kong. The decision was made at a cabinet meeting held on Monday (September 7) at the Cabinet Room of the Jatiya Sangsad Bhaban, presided over by Prime Minister Tareq Rahman. The proposal for the agreement between Bangladesh and Hong Kong was initiated by the Ministry of Industries. This agreement aims to foster and secure investments between Bangladesh and Hong Kong, providing a framework for promoting economic cooperation. Further details regarding the agreement were not immediately available. The move signals a strengthening of economic ties between Bangladesh and Hong Kong.