Dhaka, Mar 17: Bangladesh and Russia have significant potential for trade and economic cooperation despite the logistical and financial difficulties arising due to the unstable geopolitical situation, stated delegates at a session of the intergovernmental commission of the two countries.
At the 4th session of the Russia-Bangladesh Intergovernmental Commission on Trade, Economic, Scientific and Technical Cooperation (IGC) – the key mechanism for bilateral economic relations – they expressed satisfaction over the progress of the Rooppur Nuclear Power Plant and Gazprom’s successful gas exploration in Bangladesh.
The event was held on 13-15 March via videoconference, said a press release.
Amid the global energy market crisis, they discussed buying Russian LNG, oil, and oil products, coal industry collaboration, and joint nuclear and solar energy development.
The delegations agreed to further increase mutual supplies of agricultural products, and expand their range by approving the necessary veterinary and phytosanitary documentation.
They also discussed expanding contractual frameworks in areas like customs cooperation and mutual recognition of academic degrees.