Iran Supports Bangladesh
I n his recent visit to Bangladesh to attend the Fifth Joint Economic Commission Meeting, the Iranian Minister of Industry, Mines and Trade, Mehdi Qazanfari, held a meeting with the Chairman of Federation of Bangladesh Chamber of Commerce, Kazi Akrameddin Ahmed to emphasize the need to expand bilateral ties and trade relations. During the meeting the two officials also agreed to opt new avenues to broaden their bilateral trade.
Both nations are hopeful that the private sector in both the countries can play a pivotal role to promote trade and economic ties. In addition, the two officials agreed to increase the current $101bn worth of mutual trade cooperation by organizing exhibitions and exchange of delegations, which will provide the much needed impetus for economic growth.
Minister Qazanfari also met with Bangladesh’s Prime Minister Sheikh Hasina and explored the possibilities of expanding bilateral ties between Dhaka and Tehran. The Iranian minister called for the formation of an expert group to administer the implementation of agreements made by the two countries at the Iran-Bangladesh Joint Commission meeting. Furthermore, Qazanfari also pledged to transfer engineering and technical services to Bangladesh. The meeting proved productive as Bangladesh assigned several railway projects to Iranian contractors and the two sides held talks on commercial banking transactions.