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Home International Customs

Kuwait, Bangladesh deepen cooperation

byCT Report
07/05/2016
in International Customs
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DHAKA: His Highness the Prime Minister Sheikh Jaber Al-Mubarak Al-Hamad Al-Sabah ended a three-day official visit to Bangladesh at the invitation of Prime Minister of the Government of the People’s Republic of Bangladesh, a final statement said. During the visit, His Highness the Prime Minister paid a courtesy call on President of Bangladesh Mohammed Abdul Hamid, where they emphasized the importance of deepening cooperation between Bangladesh and Kuwait both in bilateral, regional and multilateral arenas, the statement said.

The two counterparts praised deep relations between Father of the Nation Bangabandhu Sheikh Mujibur Rahman and His Highness the Amir Sheikh Sabah Al-Ahmad Al-Jaber Al-Sabah. They also recalled the visit of His Highness the Amir in 1974 and the Foreign Minister of Kuwait to the OIC Summit in Lahore in 1974.

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During the visit, the two sides agreed to cooperate in various fields and to expand the scope of the partnership in the fields of trade, investments, energy and power, defense, human resources, infrastructure and in the priority sectors in the Economic Zones under Bangladesh Economic Zone Authority (BEZA) and IT parks. They also expressed satisfaction at the signing of the agreement on promotion and reciprocal protection of investment between Bangladesh and Kuwait, where they affirmed that it would facilitate Kuwaiti investments in Bangladesh, the statement added.

The Prime Minister of Bangladesh appreciated the development assistance extended by Kuwait to Bangladesh, in particular KD-15-million economic assistance from the Kuwait Fund for Arab Economic Development for the construction of Paira Bridge in Pauakhali.

The visit also saw the participation of a high-level business delegation representing the Kuwait Chamber of Commerce and Industries (KCCI), which held fruitful talks with peers from the Federation of Bangladesh Chamber of Commerce and Industries (FBCCI), as they signed a Protocol of Cooperation. The Prime Minister of Bangladesh deeply appreciated the Government of Kuwait for hosting a large number of Bangladeshi work force.

Tags: Bangladesh deepen cooperationKuwait

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