News ID: 251564
Published: 0249 GMT April 17, 2019
49th Independence, National Day of Bangladesh commemorated in Tehran

Minister: Iran, Bangladesh can increase annual trade to $1b

Minister: Iran, Bangladesh can increase annual trade to $1b

Given their potentials and capacities, Iran and Bangladesh can reach an annual trade target of $1 billion, the Iranian industry, mine and trade minister said.

Reza Rahmani made the remarks in an address to a ceremony in the Iranian capital of Tehran on Tuesday to celebrate the 49th Independence and National Day of Bangladesh.

He attended the function as the chief guest. In addition to Rahmani, this years’ ceremony was attended by foreign ambassadors to Iran, officials of the Iranian Ministry of Foreign Affairs and the head of Iran’s Academy of Persian Language and Literature, Gholamali Haddad Adel.

Marked annually on March 26, Bangladesh’s Independence and National Day is a national holiday which commemorates the country’s declaration of independence from Pakistan in the late hours of March 25, 1971.

The occasion, however, was commemorated on April 16 in Tehran, as the actual date of Bangladesh’s Independence and National Day coincides with the Norouz holidays (March 21-April 2), celebrated by Iranians to mark the New Year.

Rahmani added the two countries have the capacity and potential to cooperate in production of agricultural products, foodstuffs and pharmaceuticals, tourism sector, health care industry and the fields of sport and university.

He expressed hope that in the year to March 2020, the sixth meeting of the two countries’ joint economic cooperation committee would be held, helping both sides to reach important agreements in developing relations.

Lauding the present excellent condition of Iran and Bangladesh, Rahmani said the history of relations between the two countries has always been based on friendship and cultural, scientific, technical and trade exchanges.

He praised Bangladesh managing to rank among the world’s top 10 countries in terms of achieving the highest economic growth for the second consecutive year, adding the South Asian state is maintaining its high economic growth every year.

The minister noted that Iran and Bangladesh have been cooperating closely in different fields, hoping that their brotherly relations would continue and ascend new heights in the future.

He also congratulated Bangladesh’s Prime Minister Sheikh Hasina on her reelection to the post.

Rahmani noted that the active membership of Iran and Bangladesh in international organizations and societies such as the D-8 Organization for Economic Cooperation, Organization of Islamic Cooperation and Non-Aligned Movement indicates the common and similar strategic tendencies of the two countries.

As the reasons for Bangladesh being an attractive country for many investors, traders and governments, he pointed to the country being ranked among the world’s top 10 countries, with the highest economic growth for the second consecutive year, achieving an economic growth of more than six percent for about 15 consecutive years, reaching an annual trade volume of about $100 billion and having a population of 163 million.

The minister said Iranian companies and organizations are carefully monitoring Bangladesh’s economic developments as well as trade figures and are highly interested in cooperation with the country’s companies and economic institutes.

He noted that the governments of Iran and Bangladesh are required to facilitate trade between the two states.

Rahmani said Iran is also a country with enormous economic potentials and capacities.

Despite the present political and economic tensions and pressures, Iran’s market and economy cannot be ignored by other countries.

He put Iran’s GDP in 2018 at $439 billion, adding the country set a national record ($598 billion) in this regard in 2012.

In an address to the ceremony, Bangladesh’s Ambassador to Iran AKM Majibur Rahman Bhuiyan highlighted the historical background of the Independence and National Day, the socio-economic development of Bangladesh in recent years – particularly the country’s graduation from the least developed countries (LDCs) status under the dynamic leadership of Hasina, the friendly relations between Dhaka and Tehran, as well as the two countries’ future potentials for expanding bilateral cooperation.





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