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South Asian Update
South Asian Update

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Bangladesh seeks duty-free access for 213 products to Saudi

 Published: 08:39, 2 March 2023

Bangladesh seeks duty-free access for 213 products to Saudi

Saudi Arabia has assured Bangladesh of extending cooperation when it sought duty-free access for 213 products to the market of the kingdom.

The development came when Salman F Rahman, private industry and investment adviser of the prime minister of Bangladesh, held a meeting with Saudi Commerce and Media Minister Majid bin Abdullah Al Qasabi at the latter's office in Saudi Arabia on Tuesday.
Salman F Rahman also sought the Saudi minister's support in setting up a joint venture for a urea fertiliser company.
Mentioning the excellent relationship between the two countries, Qasabi said he would provide all kinds of support towards this end, according to a press release of the Bangladesh embassy in Riyadh.
Al-Fageeh also agreed to go ahead with Bangladesh's idea of establishing a strategic business relationship in manufacturing artificial fabric as Bangladesh's readymade garment sector has the associated capability.
He said Bangladeshi businesspeople could discuss the matter with SABIC. Qasabi will lead a delegation to the Bangladesh Business Summit, to be held in Dhaka on March 11-13.

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