Dhaka, May 20 -- US Ambassador to Bangladesh Brent T Christensen on Wednesday described the Agreement on Reciprocal Trade (ART) signed in February as a "joint investment" in the prosperity of both Bangladesh and the US, saying it will help build a modern, balanced trade and investment partnership between the two countries.

"The agreement on reciprocal trade, also known as the ART, is a joint investment in both American and Bangladeshi prosperity. This agreement allows for a modern, balanced trade and investment partnership," he said, while addressing the US National Day Reception at the United Convention Centre in Dhaka.

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