BSS
  05 Feb 2025, 14:18
Update : 05 Feb 2025, 15:31

Bangladesh keen to boost bilateral trade with Algeria 

Foreign Secretary Md. Jashim Uddin held a meeting with the President of Algerian Chamber of Commerce and Industry (ACCI) in Algiers on Tuesday. Photo: MoFA

DHAKA, Feb 5, 2025 (BSS) - Bangladesh has shown its keen interest to enhance 
bilateral trade and economic engagement with Algeria in the potential sectors 
like apparels, pharmaceuticals, industrial raw materials sourcing like LNG, 
metals, and electronic and light engineering products.  
 
"Bangladesh is eager to boost bilateral trade and economic relations with 
Algeria", Foreign Secretary Md Jashim Uddin said while meeting with the 
President of Algerian Chamber of Commerce and Industry (ACCI) in Algiers on 
Tuesday, according to a message received here today. 

Foreign Secretary is now leading a Bangladesh delegation in Algiers for the 
second Foreign Office Consultation between Bangladesh and Algeria. 

Highlighting the expanding nature of bilateral trade, the Bangladesh Foreign 
Secretary expressed optimism that more could be done if more and more 
business enterprises from both the countries explore further avenues of 
engagement. 
 
He presented the existing and potential areas of trade that could happen 
between the two countries. 
 
Jashim also suggested the Chamber to explore the possibility of joint 
ventures in the areas of ship building, ICT and agriculture. 
 
The President of the Algerian Chamber of Commerce and Industry welcomed the 
Foreign Secretary and expressed Algeria's interest and readiness in deepening 
economic ties with Bangladesh. 
 
He acknowledged Bangladesh's achievements in export-oriented industries and 
underscored the potential for increased trade in energy, construction, and 
agro-processing.
 
The Foreign Secretary while echoing the same sentiment laid out action plans 
which includes among others, an online meeting to kick off the bilateral 
interaction for 2025, facilitating the participation in each other's 
international trade fairs, formation of joint business forum, exchange of 
business delegations in each other's capitals. 
 
They also agreed upon signing of a MoU, pending for signature between the 
FBCCI and ACCI. 
 
The President of Algerian Chamber of Commerce and Industries welcomed the 
proposals put forward by the Foreign Secretary and said that Algeria would 
encourage to Bangladeshi companies' participation to their upcoming 
International Trade Fair and Intra Africa Trade Fair to be held Algiers in 
June and September 2025 respectively. 
 
He assured that his Chamber will accord priority to the proposals and help 
implement the recommendations. 
 
The meeting concluded with a shared commitment to strengthening Bangladesh-
Algeria trade relations, fostering economic growth, and promoting business-
to-business connections between the two friendly nations.
 
During the meeting, the President of Tizi Ouzou Province Chamber of Commerce, 
President of Boumerdes Province Chamber of Commerce, Secretary General of 
ACCI were present.