Rwanda keen to boost trade ties with Bangladesh...

Dhaka, Tuesday   20 October 2020

Rwanda keen to boost trade ties with Bangladesh

 Staff Correspondent

 Published: 05:24 PM, 23 September 2020   Updated: 05:25 PM, 23 September 2020

Rwanda keen to boost trade ties with Bangladesh

Rwanda keen to boost trade ties with Bangladesh

Rwanda is interested to boost bilateral trade and commercial ties with Bangladesh, Foreign Minister of the East African country Vincent Biruta has said.

Vincent Biruta on Tuesday came up with the information during an phone conversation with his Bangladesh counterpart AK Abdul Momen. At the time, Rwanda's Foreign Minister said that their opinion on Bangladesh's proposal to avoid double standards would be announced soon.

Dr Momen described the development scenario of Bangladesh and the potential that the country bears.

He said Bangladesh government is a very business friendly one and urged the Rwandan investors to invest in Bangladesh special economic zones.

Bangladesh has proposed avoidance of double taxation while the Rwandan side assured of giving its opinion.

Dr Abdul Momen said there is huge potential to grow trade relations between the two countries.

He urged Rwandan Foreign Minister to import pharmaceutical products, PPE, readymade garments, and bicycles from Bangladesh, according to the Ministry of Foreign Affairs.

Both sides laid emphasis on exchange of trade delegations and discussed on holding Foreign Office Consultation (FOC) between the two countries.

Vincent Biruta assured Bangladesh of continuing its support for repatriation of Rohingyas.

Bangladesh is now hosting over 1.1 million Rohingyas and not a single Rohingya was repatriated over the last three years.

Bangladesh has recently given Bangladesh High Commissioner to Kenya the concurrent charge as non-resident High Commissioner to Rwanda.