Algeria keen to boost trade with BD: Envoy

25 November 2021

Business Desk :
Algerian chamber of commerce and industry expressed interest in signing Memorandum of Understanding (MoU) with The Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) as the African country is keen to boost trade with Bangladesh, said Ambassador of Algeria to Bangladesh, Rabah Larbi on Wednesday.
In a courtesy call on FBCCI President Md Jashim Uddin in the afternoon, Rabah Larbi expressed interest in signing a MoU between the two countries, said a press release.
Responding positively to the Ambassador's proposal, FBCCI President Md Jashim Uddin said that trade associations of more than 50 countries of the world have signed about 150 MoUs with FBCCI.
An agreement with the Algerian Trade Organisation would increase trade and investment opportunities between the two countries, he said.
The FBCCI president promised to send the draft agreement to the Algerian embassy in Dhaka soon. Presently, Algeria imports jute and jute products, oven and knitwear, home textiles and footwear from Bangladesh.

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