Bangladesh, Qatar central banks sign MoU to enhance cooperation | daily-sun.com

Bangladesh, Qatar central banks sign MoU to enhance cooperation

Sun Online Desk     9th May, 2017 01:36:39 printer

Bangladesh, Qatar central banks sign MoU to enhance cooperation

 

Bangladesh and Qatar on Tuesday signed a memorandum of understanding (MoU) aimed at further enhancing cooperation between the central banks of the two countries, reports BSS.

 

Foreign Minister AH Mahmood Ali and Qatar Central Bank Governor Sheikh Abdulla Bin Saoud Al-Thani signed the agreement following a meeting at the Qatar Central Bank in Doha on the second day of Ali's three-day official visit to the Gulf state.

 

During the meeting, Bangladesh foreign minister and Qatar central bank governor held fruitful talks on further bolstering cooperation between the two central banks for the benefit of the two nations, according to a message received in Bangladesh Bank this morning.

 

While appreciating the Bangladesh leadership for achieving a rapid economic progress, the Qatar central bank governor proposed sending a Qatari delegation to Bangladesh to discuss the ways and means of cooperation between the two central banks under the purview of the MoU.

 

During the meeting, Mahmood Ali briefed the QIA chief on the ongoing development activities in the country saying Bangladesh attained 7.1 percent GDP growth rate in the last fiscal year and poised to achieve more growth in the current fiscal year.

 

"With the continued economic prospect, Bangladesh is looking forward to achieving an 8 percent or more growth leading to 2021," he added.

 

The CEO of Qatar Investment Authority lauded Bangladesh's remarkable progress and expressed willingness of the Qatar government to invest in LNG,power generation, Special Economic Zones (SEZs) and other infrastructural development projects in Bangladesh.

 

Appreciating Bangladeshi workers in Qatar, the vice chairman stressed the need to have skilled and professional work force from Bangladesh in Qatar.

 

They also discussed the rapid economic progress of Bangladesh, ways to increase the bilateral trade and investment and regular exchange of business delegations.

 

The foreign minister and his delegation returned Dhaka on Tuesday morning by wrapping up the visit to the Gulf state, the message added.

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