State Minister for Foreign Affairs Md. Shahriar Alam has sought support from Belarus in order to get “duty free-quota free” access of Bangladeshi products to the Eurasian Economic Union (ECU).
There are ample scopes for further expansion of bilateral trade and investments between the ECU and Bangladesh.
The state minister had sought the assistance during bilateral official talks with his Belarusian counterpart Deputy Minister of Foreign Affairs Valentin Rybakob on Wednesday.
The two state leaders had a meeting in Minsk.
Belarus is a key member of the ECU, where Russian Federation, Kyrgyzstan, Kazakhstan and Armenia are the other members.
Both the sides had agreed that deeper economic cooperation should get main focus, as there are ample of scopes for further expansion of bilateral trade and investments.
State Minister Alam invited Belarusian investment in Bangladesh, where they could use Bangladesh as a regional hub between China, India and South East Asian Countries.
State Minister Shahriar also emphasized on frequent contacts and interactions between chambers of both countries through regular exchange of trade
The Deputy Foreign Minister of Belarus talked about the the delivery of Road-Construction Equipments by the Belarusian Company AMKODOR to the Local Government Division of Bangladesh under US$ 50 million Export Commodity Credit (soft loans) rendered through Promagroleasing (Belarusian Bank for International Development).
The state minister expressed satisfaction and hoped that such joint venture would ensure transfer of technology and commence manufacturing of small and light engineering equipments as it has potential to have much wider impact on the growing bilateral economic cooperation between our two countries.
Earlier the State Minister visited the Council of the Republic National Assembly (i.e., Parliament) and met with the Chairman of the Standing Committee on Foreign Affairs and National Security Professor Dr. Sergey Rakhmaanov.
Dr Rakhmanov , who led a Parliamentary team to the 136th Session of IPU Assembly that was held in Dhaka early April, congratulated Bangladesh for successfully organized the IPU Assembly.
This year’s IPU assembly held in Dhaka had projected a global image for Bangladesh.
Earlier on 18 April, Bangladesh State Minister led a (7-member) Bangladesh business delegation at a Business Conference held at the
Belarusian National Center for Marketing and Price Study and exchanged views with a representative business delegation of Belarus, led by the Center Director Ambassador Valery Sadokho.
State Minister Shahriar Alam made a short presentation on Bangladesh economy and market competitiveness.
The Belarusian business delegation expressed their keen interest on trade, agriculture, agricultural machinery, electro-mechanical and power distribution equipments, road construction equipments and Potash fertilizer.
The junior minister also visited the Khatyn Memorial, 54-km away from the capital Minsk, to pay tribute by placing floral wreath in memory of the almost three million Belarusians who died during the Great Patriotic War (WW II: 1941-1945).
The State Minister was accompanied by the Director General (Europe) of the Ministry of foreign Affairs and other officials of the Ministry and the Embassy of Bangladesh in Moscow (concurrently responsible for Belarus) during the visit.