James Moriarty , the US Ambassador in Bangladesh assured the government that if no appeal is made US would return money to Bangladesh, frozen in Singapore. He said this during a meeting with Law Minister Barrister Shafique Ahmed and Commerce Minister Faruque Khan.
Dhaka will now resume the pending talks with Washington
on striking a deal called Trade and Investment Framework Agreement as new
governments in both Bangladesh and the United States have assumed office.
The commerce minister, Faruk Khan, said the Awami League-led government was ready to resume the suspended negotiations on the proposed agreement when the US ambassador to Bangladesh, James F Moriarty, called on him in the ministry on Sunday.
If such an agreement is signed, the two countries
will constitute a joint council on trade and investment to cover a wide range
of issues such as intellectual property, labour and environment, and
cooperation in the area of small and medium enterprises.
Dhaka responded positively to Washington’s interests in signing such an agreement, the minister said. The United States and Bangladesh governments in 2003 began talks on the framework agreement to cover wide-ranging trade and investment issues.