Russia assures BD of duty, quota-free access of RMG items

Russia has assured Bangladesh of giving duty-free and quota-free access of readymade garment (RMG) products to its market.

Industries Minister Amir Hossain Amu disclosed this on Sunday after a meeting with Russian Ambassador in Dhaka Alexander A Nikolaev in the city, reports BSS.

They also discussed various issues including bilateral cooperation on trade and industry.

The envoy emphasised forming an inter-governmental joint commission on trade and economic development for strengthening bilateral cooperation between the two countries on industry and trade.

The minister said the government is giving the highest priority for attracting foreign direct investment (FDI).

Meanwhile, China, Japan along with other developed countries sought separate economic zone for investment in Bangladesh, Mr Amu said, adding, "If Russia proposes then the government will consider it positively."

During the meeting, industries secretary M Mosharraf Hossain Bhuiyan, ministry officials and official from Russian Embassy were present.