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DCCI Acting President called on Ambassador of Kyrgyzstan

Establishing diplomatic mission of Kyrgyzstan in Dhaka will ease getting visa and that will open up scope of frequent visit of businessmen from Bangladesh with a view to increase bilateral trade, told the Acting President of DCCI Arman Haque in a bilateral meeting with the Ambassador of Kyrgyzstan based in New Delhi Asein Isaev held on 23 March 2022 at DCCI.

During the meeting DCCI Acting President Arman Haque said that the bilateral trade between Bangladesh and Kyrgyzstan is very potential but still insignificant. He mentioned that the bilateral trade between Bangladesh and Kyrgyzstan in FY2020-21 was only $0.26 million. Bangladesh mainly imports cotton from Kyrgyzstan and medicine is the major product that Bangladesh exports to that country. Arman Haque later said that Bangladesh can be an alternative source of textile products after China for Kyrgyzstan. He also said that Kyrgyzstan could be a gateway to penetrate in the CIS countries and Central Asian region.

Ambassador of Kyrgyzstan Asein Isaev said that Bangladesh’s growth is very remarkable even in the pandemic. He said exchange of business delegation is necessary for boosting both way trade. He said Kyrgyzstan is good in gold mining and Bangladeshi gold traders can import gold from there at a competitive price. Moreover, they enjoy GSP facility in the EU & USA market for more than 6000 products, therefore he invited Bangladeshi investors to invest in Kyrgyzstan to avail this facility. He also said that there is a huge opportunity to make joint ventures in spinning mills as both countries have common skills in this sector.

Vice President of Dhaka Chamber Monowar Hoassain and Consul of the Kyrgyzstan Embassy Aigerim Zhakypbekova were also present during the meeting.

Published on: 2022-03-23