For a Winning Relationship
During his recent visit to Bangladesh, Belarus Prime Minister, Mikhail Myasnikovich signed a number of trade agreements and Memorandum of Understandings (MoUs) with Bangladesh Prime Minister, Sheikh Hasina Wajid. In order to improve relations with the landlocked Eastern European country, Bangladesh will provide military cooperation and conduct efforts to expand bilateral trade. In addition, Prime Minister Myasnikovich held meetings with Bangladesh President Zillur Rehman. Meeting with members of the Chamber of Commerce, he reiterated Belarus’s commitment to working with Bangladesh in areas of technology and energy. The Prime Minister also met with businesspersons and industrialists to discuss bilateral proposals that could enhance cooperation in technological, economic and social development.
The accords signed during the meeting include plans for promoting investment, easing visa restrictions, supporting education and cooperating in science and technology. With technology parks and universities flourishing in Bangladesh, the country is fast becoming the economic hub of South Asia. It is no surprise that such achievements are attracting serious global players to do business with Bangladesh.
Bangladesh has been importing potash fertilizer and synthetic fibers from Belarus while jute yarn, textile products and tobacco are its chief exports. Moreover, to facilitate transfer of knowledge, the two countries inked a general agreement for cooperation between the Bangladesh Institute of International Strategic Studies and the Center for International Studies at the Belarus State University.