Home ›› 19 Nov 2021 ›› Corporate
Russian Trade Representative in India, concurrently accredited to Bangladesh Dr Aleksandr Rybas along with the Head of Economic Desk Micael Pirdzhanian met CIS-BCCI President at the CIS-BCCI office in the capital on November 16.
Commonwealth of Independent States-Bangladesh Chamber of Commerce & Industry (CIS-BCCI) President Habib Ullah Dawn expressed his satisfaction on the signing of agreement between the two countries establishing Intergovernmental Commission (IGC) on Trade, Economic, Scientific and Technical Cooperation and hoped that this is will provide an effective platform for advancing the bilateral trade and economic Cooperation between Russia and Bangladesh.
The CIS-BCCI President emphasised on taking up joint action for harmonisation of mutual trade rules, regulatory measures and streamlining bilateral institutional cooperation in the respective fields. He also stressed on simplified banking cooperation including currency SWAP agreement between the two central banks, said a media statement.
Habib Ullah Dawn strongly advocated for setting up necessary infrastructures including warehouses and distribution networks to bring the goods and services nearest to the consumers at both ends. FTA agreement with Eurasian Economic Union (EAEU) also will provide duty free access to Russia on reciprocal basis.
Dr Aleksandr Rybas, in response, reciprocated the spirit of cordial bilateral trade relations and assured of taking up seriously the suggestions of the chamber and to put forward the same to his government. He hoped that Intergovernmental Commission (IGC) next meeting scheduled to be held in December, 2021 will take follow up action on these pertinent issues.
