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Opinions & Interviews

29 Oct 2019

Belarus shows interest in Bangladesh infrastructure projects

Belarus shows interest in Bangladesh infrastructure projects

MINSK, 29 October (BelTA) – Opportunities to implement new joint projects were discussed at a meeting between Chairman of the Council of the Republic, authorized for cooperation with Bangladesh, Mikhail Myasnikovich and outgoing Ambassador of Bangladesh to the Russian Federation and Belarus (non-resident) Saiful Hoque on 29 October, BelTA learned from the press service of the upper chamber of the Belarusian parliament.

The two countries have good prospects to expand cooperation. “We need to focus our attention on infrastructure projects. These are the projects related to transport, including the railway one, and the electric power industry: power grids, electric substations and so on,” Mikhail Myasnikovich said.

Bangladesh is implementing a big project to build its own nuclear power plant. The work is carried out with the involvement of Belarusian specialists. We have reserves to develop partnership here as well, added the chairman of the Council of the Republic.
He also emphasized positive momentum in Belarus’ exports to Bangladesh. “If we talk about the goals that we have managed to achieve so far, this is, first of all, the export of Belarusian equipment to Bangladesh. We have already signed contracts worth $50 million. Documents for another $17 million are almost ready. New export contracts for almost $100 million are in the pipeline,” said Mikhail Myasnikovich. Belarus has set up service centers in Bangladesh. There is a financial system to promote Belarusian exports. Belarus also supplies potash fertilizers to Bangladesh.

Imports from Bangladesh are also on the rise. According to the speaker, Belarus is ready to import more, to work more actively on such commodities as leather goods and blanks, carpet industry goods.

Belarus and Bangladesh have developed good and trustworthy relations. The two countries steadily develop political, economic and humanitarian ties. “The credit for this goes largely to Bangladesh Prime Minister Sheikh Hasina and to you as ambassador,” said the chairman of the Council of the Republic.

The parties considered cooperation between the two countries in education and science. They also talked over the preparations for the visit of the president of Bangladesh to Belarus, which is due to take place next year.

The ambassador thanked Mikhail Myasnikovich for the proposals and initiatives and expressed confidence in further strengthening of bilateral relations between the two states. He also outlined promising areas of cooperation in the agricultural sector, including the mechanization of agriculture, breeding, and other areas.

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