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Dhaka, Tashkent to boost bilateral trade

  • Diplomatic Correspondent
  • 28 January, 2022 12:00 AM
  • Print news

Bangladesh and Uzbekistan are expected to sign a deal on cooperation in the banking sector of the two countries to further strengthen the bilateral trade and economic relations.

Bangladesh Ambassador to Uzbekistan Md Zahangir Alam had a meeting with Chairman of the Board of the Central Bank of Uzbekistan Mamarizo Berdimuratovich Nurmuratov at the bank in Tashkent on Wednesday.

During the meeting, both sides discussed the prospects of cooperation in the banking sector of the two countries for further expanding trade and economic ties between Uzbekistan and Bangladesh, said a press release of the Bangladesh Embassy in Tashkent.

They agreed to consider the signing of a memorandum of understanding (MoU) between the central banks of the two countries and put forward the matter of concluding Relationship Management Agreement (RMA) between banks of both the countries to remove barriers of LC businessmen of both countries are facing at present in their trading.

Chairman of the Uzbek Central Bank appreciated the initiative to develop relations in the banking sector and assured the ambassador of providing all-out support for further boosting the bilateral relations between Bangladesh and Uzbekistan in the near future.

 Meanwhile, the Bangladesh envoy paid an official visit to Navoi Region of Uzbekistan where he had a meeting with Governor of Navoi Normat Tulkunovich Tursunov on January 24 at Navoi Regional Municipality.

The Navoi governor welcomed the Bangladesh ambassador and expressed gratitude for visiting the Navoi Region. He shared general information about the youngest region of Uzbekistan and facilities being provided in free economic zones of this region.

  Both sides discussed establishment of cooperation in the potential fields like textiles, pharmaceuticals and ICT as well as trade opportunities in the agriculture sector.

 Bangladesh Ambassador Zahangir Alam put importance to connectivity and urged the Navoi governor to pursue with the Uzbekistan authorities the matter of resumption of direct passenger flights between the two countries and cargo flights from Navoi.

Normat Tulkunovich Tursunov assured that his office will explore potential sectors and projects for cooperation between the two friendly countries.

On the same day, the Bangladesh envoy visited Navoi International Airport and had a meeting with its Director (Cargo) LLC Shodibek Suyundikovich Kuchqarov to explore the possibility of exporting Bangladeshi goods to Uzbekistan and other Central Asia countries.

The airport authorities also expressed their desire to extend all kinds of cooperation to reestablish cargo flights between Bangladesh and Uzbekistan.