2024-05-29 07:41:30
President of Dhaka Chamber of Commerce and Business (DCCI) Ashraf Ahmed has urged Russian entrepreneurs to spend money on Bangladesh’s vitality and energy sector.
He made this name on the alternate assembly on ‘Bangladesh-Russia commerce and financial cooperation improvement’ organized by DCCI on Tuesday (Might 28).
Commerce Commissioner of Russia appointed by India. A delegation of 14 members visiting Bangladesh beneath the management of Alexander Rayras attended the alternate assembly.
In his welcome speech, DCCI President Ashraf Ahmed mentioned that the dimensions of our financial system has elevated virtually 4 occasions within the final 15 years. Together with this, as a way to proceed industrialization and financial actions within the implementation of LDC transition of Bangladesh, particularly as a way to guarantee uninterrupted vitality provide within the industrial sector, our vitality and energy sector may be very promising for the funding of Russian entrepreneurs. Other than this, Russia can enhance funding in Bangladesh’s agricultural modernization, data expertise, training and repair sectors.
He mentioned, at present the bilateral commerce quantity is 965.51 million US {dollars}, whereas the quantity of import and export of Bangladesh is 505.22 and 460.39 million US {dollars} respectively. Russian entrepreneurs have already invested 17.26 million US {dollars} in numerous industries in Bangladesh. Urge Russia to import extra Bangladeshi merchandise reminiscent of clothes, medicines, jute and jute merchandise, light-engineering, plastic merchandise, footwear, ceramics and IT and ITS merchandise.
Dr. Alexander Rairas mentioned that the bilateral business relations between the 2 international locations are long-standing and the commerce settlement between the 2 international locations was signed in 1972. Russia has already come ahead to ascertain Rooppur nuclear energy plant in Bangladesh and can proceed to cooperate in Bangladesh’s vitality safety and pure fuel exploration sooner or later.
He mentioned that in 2023, Russia has exported about 2.67 million tons of wheat to Bangladesh. There are lots of alternatives for Russia’s single and joint funding within the IT, banking, chemical and mechanical engineering sectors of Bangladesh. Bangladesh’s expert workforce within the shipbuilding business has been engaged on this business in Russia since 2023.
Ekaterina Siminova, Deputy Chief of Mission of the Russian Embassy in Bangladesh, mentioned that Russia has the second largest business relationship with Bangladesh amongst South Asian international locations, and to strengthen bilateral business relations, emphasis needs to be positioned on increasing the connection between non-public sector representatives of the 2 international locations.