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Bangladesh keen to diversify trade, co-op with Egypt

Wednesday, 22 August 2007


Bangladesh has expressed its keen interest to diversify cooperation with Egypt especially in the fields of agriculture, pharmaceutical, jute, and trade and investment for the benefit of the two peoples.
Chief Adviser Fakhruddin Ahmed said this while outgoing Egyptian Ambassador in Bangladesh Ismail Abd-El Rahman Ghoneim made a farewell call on him in the city Tuesday, reports UNB.
In reply, the Egyptian envoy said Bangladeshi workers are working with good reputation in readymade garment (RMG) sector of his country and there are high demands for those workers in his country.
He requested the Chief Adviser to reactivate Bangladesh-Egypt Joint Commission to explore the potential of more bilateral cooperation between the two countries.
Responding to the diplomat, Fakhruddin Ahmed said he would look into the matter for holding the joint commission meeting.
He also stressed the need for more exchange of visits at business, cultural and official levels for further strengthening the bond of friendship between the two countries.
Ambassador Ghoneim said Orascom, an Egyptian company, has made a big investment in telecommunication sector (Banglalink) in Bangladesh during his tenure of four years.
The Chief Adviser said the Egyptian investors could invest in Bangladesh in diversified sectors by availing the investment-friendly atmosphere and incentives offered by the government for foreign investors.
Egypt can import various goods, including jute, jute products, ceramics, leather and leather products, and pharmaceuticals, from Bangladesh, the Chief Adviser added.
During the meeting, Fakhruddin Ahmed reaffirmed Bangladesh's total support to the Palestinian cause.
The envoy conveyed Egyptian President's sympathy for the flood affected people in Bangladesh to the Chief Adviser and expressed the hope that the government under the leadership of the Chief Adviser would be able to overcome it.
The Chief Adviser said people of Bangladesh are resilient and "we are getting support from friends like you and will be able to overcome the situation."
He conveyed his best wishes to the President of Egypt through the Ambassador who will return to Cairo at the end of his tenure here.