Bangladesh and Thailand are set to sign a memorandum of understating (MoU) for cooperation in the fisheries sector for mutual benefits of the two countries, officials said.
Under the move, the Ministry of Fisheries and Livestock (MoFL) has recently sent a proposal to Thailand through the Ministry of Foreign Affairs for mutual cooperation in fisheries sector, they added.
"We (MoFL) have sent a proposal to Thailand through our Ministry of Foreign Affairs seeking to sign an MoU with them for cooperation in fisheries sector," Joint Secretary of the MoFL Md Towfiqul Arif told the FE on Thursday.
He said that the MoU, once signed, would help the two countries to cooperate each other on training and sharing of knowledge on fisheries and maritime sector and mutual visits by the government officials of the two countries.
Earlier, the Thai Ambassador in Bangladesh Arunrung Phothong Humphreys met Fisheries and Livestock State Minister Md Ashraf Ali Khan Khasru at the ministry on October 03.
The Thai envoy discussed with the junior minister about cooperation in maritime and inland fisheries sector, according to the fisheries ministry sources.
The fisheries ministry official further said that the government officials of the two countries could visit each other's countries after getting Thai response on Bangladesh proposal for expediting the process of signing an MoU on fisheries sector.
Thailand is advanced in exploring maritime resources and fishing. Bangladesh could share knowledge with Thailand for cooperation in the sector, according to the sector insiders.
Bangladesh and Thailand have been maintaining an excellent bilateral relation.
The two countries signed an MoU on August 22, 1997 on trade and formed joint chambers of commerce to promote bilateral trade between the two friendly countries.
The private sectors along with the governments of the two countries are working together for expansion of mutual trade and investment.
Trade volume between the two countries has steadily increased over the last few years.
Bangladesh mainly exports frozen food, chemical products, leather, raw jute and jute goods, woven garments and imports mainly sulphur, earth and stone, plastering materials, lime and cement, plastic and articles thereof, boilers and machinery and mechanical appliances-parts thereof, paper and paper board etc.
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