Events

MINSK, 10 July (BelTA) - Belarus and Bangladesh have plans to draw up a roadmap outlining near-term projects, Prime Minister of Belarus Mikhail Myasnikovich told media on 9 July following the meeting with Prime Minister of Bangladesh Sheikh Hasina, BelTA has learnt.

Mikhail Myasnikovich noted that the talks were meaningful and constructive. Concrete results were achieved after the discussion of all points of the agenda. Nine agreements were inked, too. “We also reached principle agreements on trade in potassium and on the establishment of joint ventures to produce vehicles, tractors and agricultural machinery,” the Belarusian Premier said. The sides also achieved fundamental agreements on military cooperation.

Mikhail Myasnikovich noted that Sheikh Hasina made a decision to set up three intergovernmental commissions for trade and economic cooperation, military and technical cooperation, export financing and mutual support of export and import and tariff policy both at the bilateral level and within the framework of the Customs Union.

The sides pledged mutually beneficial terms for exporters from the two countries, including through tax, customs and other equated payments. According to the Belarusian Prime Minister, this will boost competitiveness of Belarusian and Bangladesh goods and foster their advancement to the markers of third countries.

“We agreed that the intergovernmental commissions that have been created will work out a kind of a cooperation roadmap for a period of 2-3 years in the coming months. The most promising projects will be included in this roadmap. We have agreed that the Belarusian side will transfer the necessary innovative technologies for these projects,” Mikhail Myasnikovich said.

He added that during the 9 July visit of Sheikh Hasina to Minsk Automobile Plant a fundamental decision was made to establish a factory to manufacture vehicles and farm machinery in Bangladesh.

Reviewing the 9 July meeting, Sheikh Hasina noted that social and economic progress in Belarus is impressive. The social and economic well-being of Belarusian people has impressed the Bangladeshi Prime Minister, too.

According to Sheikh Hasina, the visits of the government delegations have created positive atmosphere in both countries and have opened new possibilities for trade, investment and cooperation in different areas.

Sheikh Hasina underlined that she asked Mikhail Myasnikovich to “transfer technologies and make significant investment in Bangladesh".