Iran Sup­ports Bangladesh

Southasia - - BRIEFING -

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.

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