DCCI calls for Bangladesh-Algeria FTA to boost bilateral trade

"Bilateral trade between Bangladesh and Algeria reached $98.28 million in FY2019-20 of which, Bangladesh's export was $5.90 million and import was $92.38 million. Bangladesh mainly exports RMG products to Algeria. On the other hand, Bangladesh mainly imports mineral products from Algeria," he was quoted as saying in a chamber press release.

He invited Algerian investors to register with the Bangladesh Trade and Investment Summit, to be jointly organised by the ministry of commerce and DCCI.

Larbi said Bangladesh can import fertilizer, cement and fruits from Algeria and Algerian investors are keen to work in the energy sector in Bangladesh.

Fibre2Fashion News Desk (DS)