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Import more from BD to boost trade

PM tells Brazilian FM


Tuesday, 9 April 2024


Prime Minister (PM) Sheikh Hasina on Monday underlined the need for boosting Bangladesh's trade with Brazil for mutual benefits, reports UNB.
"There is immense scope to increase bilateral trade between the two countries," she said while a high level delegation of Brazil led by its Foreign Minister Mauro Vieira called on her at her office.
PM's Speech Writer M Nazrul Islam later told reporters Hasina also put emphasis on strengthening the bilateral relationship between Bangladesh and Brazil.
"Bangladesh imports sugar, soybean oil and cotton from Brazil while Bangladesh only exports small amount of RMG products to Brazil. The balance of trade is highly favours Brazil," she was quoted as telling the delegation.
She suggested Brazil imports products like jute, jute goods, leather and leather goods from Bangladesh.
"You can also import more RMG products directly averting third party to make it affordable," she said.
The prime minister recalled Brazil was the first country in South America to recognise Bangladesh on May 15 in 1971 after the country's independence following the War of Liberation.
She noted Bangladesh and Brazil share same opinion and take same stance in the international forums.
Expressing her interest in Brazilian football, the prime minister said Brazil, which won the World Cup for five times, can help improve the game in Bangladesh.
Foreign minister Vieira handed over an invitation of Brazilian President Luiz Inácio Lula da Silva to the PM to attend the final meeting of the G20 Task Force for the creation of Global Alliance against Hunger and Poverty in Rio de Janerio on 24th July. The prime minister accepted the invitation.