Iran keen to set up crude oil refinery in Bangladesh
Monday, 26 November 2007
The leader of the visiting Iranian trade delegation, Golamhossein Shafeai, has said Iran is interested to set up a crude oil refinery, railway wagon manufacturing unit and other infrastructure development projects in Bangladesh, reports BSS.
Golamhossein Shafeai, also the president of Mashad Chamber of Commerce and Industry, is leading the 14-member business delegation to Bangladesh.
He was speaking at the FBCCI (Federation of Bangladesh Chambers of Commerce and Industry) Sunday and expressed the desire to work for economic cooperation and development of business ties between the two countries.
Iranian Ambassador to Bangladesh Hassan Farahzandeh accompanied the delegation to the apex trade body where both sides held 'frank and sincere' discussion to promote trade and investment to their mutual benefits.
Welcoming the delegation, FBCCI president Mir Nasir Hossain urged the Iranian delegation to finalise the double taxation agreement to facilitate the expansion of trade from both sides.
Iran can also set up water and electricity generation plants and transmission facilities, besides supplying technology to Bangladesh, he said.
He also laid stress on reviewing the air transport agreement between the two countries.
Iran can also facilitate the movement of Bangladesh's exports to the central Asian states, he said urging the Iranian businessmen to set up industries here not only for marketing in the domestic sector, but for re-export.
Referring to the Joint Economic Commission (JEC), he further said both the chambers can work as the pressure groups and as task force to build greater economic cooperation from both sides.
He urged the Iranian delegation to import more pharmaceutical goods from Bangladesh, besides porcelain wares, textile, knitwear and ready-made garments from a big list of exports that Bangladesh is promoting over the recent years.
The Iranian delegation expressed sympathy to the cyclone victims.
FBCCI vice presidents Mohammad Ali and Dewan Sultan Ahmed, other directors of the federation and businessmen trading with Iranian counterparts were present.
Golamhossein Shafeai, also the president of Mashad Chamber of Commerce and Industry, is leading the 14-member business delegation to Bangladesh.
He was speaking at the FBCCI (Federation of Bangladesh Chambers of Commerce and Industry) Sunday and expressed the desire to work for economic cooperation and development of business ties between the two countries.
Iranian Ambassador to Bangladesh Hassan Farahzandeh accompanied the delegation to the apex trade body where both sides held 'frank and sincere' discussion to promote trade and investment to their mutual benefits.
Welcoming the delegation, FBCCI president Mir Nasir Hossain urged the Iranian delegation to finalise the double taxation agreement to facilitate the expansion of trade from both sides.
Iran can also set up water and electricity generation plants and transmission facilities, besides supplying technology to Bangladesh, he said.
He also laid stress on reviewing the air transport agreement between the two countries.
Iran can also facilitate the movement of Bangladesh's exports to the central Asian states, he said urging the Iranian businessmen to set up industries here not only for marketing in the domestic sector, but for re-export.
Referring to the Joint Economic Commission (JEC), he further said both the chambers can work as the pressure groups and as task force to build greater economic cooperation from both sides.
He urged the Iranian delegation to import more pharmaceutical goods from Bangladesh, besides porcelain wares, textile, knitwear and ready-made garments from a big list of exports that Bangladesh is promoting over the recent years.
The Iranian delegation expressed sympathy to the cyclone victims.
FBCCI vice presidents Mohammad Ali and Dewan Sultan Ahmed, other directors of the federation and businessmen trading with Iranian counterparts were present.