Russia keen to cooperate with Bangladesh

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Russia has expressed its readiness to offer cooperation with Bangladesh in various fields, including trade, economic, science and technology.

A team of Russia on Wednesday expressed this at the 3rd session of the “Bangladesh-Russia Intergovernmental Commission on Trade, Economic, Scientific and Technical Cooperation” held virtually, said a press release.

The Russian side was led by Ilya V Shestakov, Head of the Federal Agency for Fisheries, while Co-Chair of the Commission and Secretary at the Economic Relations Division Fatima Yasmin led the Bangladesh side.

The commission meeting was followed by two days expert level meetings held during 13-14 December 2021. Both the sides discussed the aspects of cooperation in the areas of trade and economic cooperation, power and energy, atomic energy, aviation industry, fisheries and livestock, smooth banking transaction, geological research, information and communication technology, industry, space and satellite, education and culture.

They identified some relevant areas of cooperation in several sectors. The Russian side expressed their readiness to offer cooperation. Bangladesh side also highlighted the areas where it needs cooperation from Russia. Both the sides agreed to cooperate in various areas of development in order to reap the maximum benefits.

They had discussion on various issues between the business organizations for cooperation, including business to business direct contact; issues of ship building and railway industries; complex fertilizer production; establishment of agro-based industries and modernization of Ghorashal TPP Units 1 and 2.

The sides highlighted the importance of the event and expressed willingness to consistently implement the decisions adopted in the meeting.

The 4th session of the meeting will be held in December 2022 in Russia.

Finally, a protocol was formulated during the session of the commission covering all aspects, discussion and results. The protocol will be signed after agreed by the sides.