Dhaka, Feb. 28 -- Political "uncertainty" in Bangladesh has impacted foreign investment and trade, South Korean Ambassador to Bangladesh Park Young-sik has said.

"Bangladesh is currently under an interim government. Whenever I talk with businessmen, the problem is that they are trying to hold investment," he said at a "Meet the OCAB" event organised by the Overseas Correspondents Association, Bangladesh, or OCAB, in Dhaka on Thursday.

"They are now in a the wait-and-see-state."

The envoy continued, "If you look at the data, you'll see that the increase in private investment and consumption has slowed down.

"The shrinking of private investment and consumption will lead to slower economic growth in Bangladesh.

"Political instability an...