Argentine Minister of Foreign Affairs, International Trade and Worship Santiago Andrés Cafiero is scheduled to arrive in Dhaka on a two-day visit on Monday morning to discuss trade and investment issues apart from a formal announcement over reopening of its Embassy in Dhaka.
Foreign Minister Dr AK Abdul Momen will have a bilateral meeting with his Argentine counterpart at state guesthouse Jamuna on Monday evening. The meeting is likely to begin at 6pm.
The Argentine Embassy was previously shuttered in 1978 by the military junta that ruled over Argentina.
Diplomatic operations, such as visas in order to travel, have since been handled by the Embassy in neighbouring India.
Argentina says it is convenient to reopen the Embassy in accordance with foreign policy guidelines based on “political, strategic and commercial” reasons.
Bilateral trade between the two countries stood around US$900 million last year, with a large trade surplus for Argentina, according to data available.
Apart from an announcement of re-opening of the Argentine Embassy in Dhaka, the Argentine Foreign Minister is likely to meet Prime Minister Sheikh Hasina, Commerce Minister Tipu Munshi.
Apart from this, the two countries are working on a memorandum of understanding on football related matters, she said.
Apart from the import of soybean oil and wheat from Argentina, the two sides are likely to discuss Bangladesh's inclusion in South America's powerful economic alliance Mercosur.
Mercosur, or the Southern Common Market, is an economic and political bloc originally comprising Argentina, Brazil, Paraguay, and Uruguay.
The visiting team is likely to enjoy a friendly match between the two teams comprising Bangladesh's junior footballers as well as meeting with football officials.
The Argentine Foreign Minister is scheduled to leave Dhaka on Wednesday morning.