Dhaka, Sept. 17 -- Paul Frost, the newly appointed commercial counselor at the US Embassy in Dhaka, has warned that corruption, financial governance weaknesses, complex taxation, poor infrastructure, and bureaucratic delays remain key obstacles to US business operations in Bangladesh.

Speaking at an AmCham luncheon in Dhaka on Tuesday, Frost said these systemic issues continue to weigh heavily on American companies despite Bangladesh's growing appeal as a trade and investment destination.

"We are aware of the systemic issues that affect the private sector - including corruption, financial governance concerns, a complicated tax regime, infrastructure and logistics limitations, and excessive bureaucracy," Frost remarked.

He noted that th...