Bangladesh and Australia wish to strengthen trade and economic cooperation

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TPT office in Dhaka: Bangladesh and Australia have the opportunity to further strengthen and diversify their trade and economic cooperation, especially with the signing of the agreement Trade and Investment Framework Arrangement (TIFA) Last year. Bangladeshi Foreign Minister Dr AK Abdul Momen MP and Australian Foreign Minister Marise Payne shared this belief on February 20, 2022, during a bilateral meeting held on the sidelines of the Munich Conference on security – 2022 in Munich, Germany.

Both Foreign Ministers exchanged greetings on the occasion of the 50th anniversary of the establishment of diplomatic relations. They also recalled the exchange of goodwill messages between the Prime Ministers of the two countries to mark the occasion.

Read also : Foreign ministers of both countries pledged to take Bangladesh-Australia relations to a new level

the Foreign Minister of Bangladesh urged his Australian counterpart to jointly explore ways to increase the volume and content of bilateral trade. The two ministers discussed the possibility of arranging a business delegation visit focusing on pharmaceutical exports from Bangladesh.

Australia’s foreign minister has expressed interest in exporting wool for Bangladesh’s garment industry. The two parties discussed the possibility of cooperation both in offshore gas exploration and renewable energy.

Mr. Momen called on Australia to provide skills training to increase job creation in the renewable energy sector. Momen reiterated this suggestion to introduce direct flights between the two countries, especially for the convenience of expatriates from Bangladesh living in Australia.

The two foreign ministers exchanged views on the Indo-Pacific amid growing interest in the region. They reaffirmed the importance of freedom of navigation for the shared prosperity and security of all in the region.

Dr Momen urged Australia to continue its efforts to find lasting solutions to the Rohingya humanitarian crisis. Australian Foreign Minister Payne pledged her country’s continued commitment to this end. The Ambassador of Bangladesh to Germany, Md. Mosharraf Hossain Bhuyian, NDC, was present at the meeting.

The three-day Munich Security Conference – 2022 ended on Sunday. Bangladesh’s Foreign Minister spoke at a panel discussion on tackling the climate crisis on the first day. Lieutenant General Waker-Uz-Zaman, Chief Staff Officer of the Armed Forces Division, accompanied the Minister to the conference.

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Bangladesh and Australia wish to strengthen trade and economic cooperation

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The two foreign ministers exchanged greetings on the occasion of the 50th anniversary of the establishment of diplomatic relations. They also recalled the exchange of goodwill messages between the Prime Ministers of the two countries to mark the occasion.

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TPT Press Office

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POLITICAL TIMES

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