BELARUS, BANGLADESH DISCUSS JOINT PROJECTS
Development of bilateral relations between Belarus and Bangladesh as well as progress made in the implementation of joint projects were discussed by Belarusian Premier Mikhail Myasnikovich and Ambassador Extraordinary and Plenipotentiary of Bangladesh to Russia and Belarus in concurrent Saiful Hoque, BelTA has learnt.
As BelTA reported earlier, during the visit of the Belarusian governmental delegation led by Mikhail Myasnikovich to Bangladesh in November 2012 the parties made agreements to intensify mutual high-level visits with an aim to strengthen the political basis for developing bilateral relations, strengthening trade, economic, credit and investment, scientific and military technical cooperation as well as implementation of joint projects in industrial cooperation, development of cooperation in petrochemical, energy and other industries.
In July 2013 Belarus was visited by Prime Minister of Bangladesh Sheikh Hasina. As a result of this visit the two countries signed nine international documents on cooperation in various areas, including financial and nuclear energy spheres and joint programs in education and culture.
In a meeting on 22 October the parties took stock of the efforts taken to implement the agreements made during these two visits and outlined some future steps.
Diplomatic relations between the Republic of Belarus and the People’s Republic of Bangladesh were established on 21 February 1992. Belarus and Bangladesh share positions on the key issues of the international agenda. They oppose the establishment of the unipolar world and advocate the interests of medium-sized and small countries. Bangladesh always upholds Belarus’ initiatives within the framework of the United Nations. Both the countries vote for the GA resolution on Middle East, disarmament and human rights.
In 2012 Belarus-Bangladesh trade was estimated at $69.9 million. Belarus’ export stood at $57 million. Potash fertilizers accounted for 99.3% of Belarus’ export. Belarus also shipped tractors ($327,200), equipment to produce textile yarn ($60,000), and made small deliveries of optical equipment, measuring devices and other products.
In January-August 2013 the bilateral trade made up $74.8 million. Belarus’ export to Bangladesh stood at $63.4 million; 12 names of products were delivered there. The exports were dominated by potash fertilizers (98.8%). Belarus also shipped tires, tractors, tankage and meat granules, offal products and fish.
Bangladesh’ major imports to Belarus are jute yarn, knitwear and textiles, tobacco raw materials. Bangladesh is a promising sales market for Belarus’ potash fertilizers, chemical fibers, machinery and educational services. Bangladeshi people are interested in receiving education in agriculture, medicine, and technical majors. There are prospects in conducting joint research in agriculture, microbiology, cooperation in information and communication technology, between R&D and educational establishments of the two countries, and in the area of culture and sport.
Bangladesh, Belarus sign 8 MoUs
Bangladesh and Belarus on Tuesday signed eight instruments, including two agreements and four Memorandum of Understanding (MoUs), aiming to strengthen economic and cultural relations between the two countries. The ministers and officials concerned signed the instruments at the House of Government in Minsk on behalf of their respective sides.
Prime Minister Sheikh Hasina and her Belarus Counterpart Mikhail V Myasnikovich witnessed the signing ceremony.
Foreign Minister Dr Dipu Moni and Belarusian Minister for Taxes and Duties, Vladimir Poluyan signed the agreement on Avoidance of Double Taxation.
Bangladesh Ambassador to Belarus Dr SM Saiful Haq and Deputy Prime Minister Sergei Roumas inked the ‘Framework Agreement on Commodity Export Credit.’
Memorandum of Understandings on Cooperation in peaceful use of nuclear energy was signed by Foreign Minister Dr Dipu Moni and Belarus Minister for Energy Vladimir Potupchik while MoU on Cultural Cooperation was penned by Dr Dipu Moni and Belarus Minister for Culture Boris Svetlov.
Ambassador Dr SM Saiful Haq and First Deputy Minister Finance Vladimir Amarin signed the Joint Declaration of Intent on Preferential Export Loan.
The MoU between Diplomatic Training Academies of the two countries was signed between Foreign Secretary Shahidul Haq and Rector Prof Dr Anatol Marazevich.
Another MoU between two Universities was signed by Vice Chancellor of Shajalal University of Science and Technology Dr Md Elias Uddin and Vice Rector Dr Andrei Goronovsky.
Besides, a ‘Protocol Intention Between Square Consumer Products Ltd and Meat and Dairy Company of Belarus was inked by Senior Manager Khurshed Ahmed Farhad and Director General Yakov Pusttoshilo.
FEBRUARY 21, 2014