Algerian Ambassador to Bangladesh Rabah Larbi had a meeting with the DCCI President Rizwan Rahman on Monday at the latter’s office.
During the meeting DCCI President Rizwan Rahman said that the bilateral trade between Bangladesh and Algeria reached US$ 98.28 million in FY20 of which, Bangladesh’s export was US$ 5.90 million and import was US$ 92.38 million.
Bangladesh mainly export RMG products to Algeria, according to a press release.
On the other hand, Bangladesh mainly Import mineral products from Algeria.
He requested Algeria to hire more skilled manpower and professionals from Bangladesh.
He finally invited Algerian investors to Bangladesh Trade & Investment Summit, to be jointly organised by Ministry of Commerce and DCCI for B2B matchmaking.
Algerian Ambassador to Bangladesh Rabah Larbi said regular contact between the Chambers of Algeria and Bangladesh would pave the way to enhancing bilateral trade and investment.
He also urged upon direct connection of the business people of both the countries.
The Algerian ambassador said Bangladesh can import fertiliser, cement and fruits from Algeria.
Moreover, Algerian investors are keen to work in the energy sector in Bangladesh, he added.
Mr Larbi also said Algeria is a developing country and there are huge opportunities to explore for business.
He appreciated DCCI’s effort to organise a business summit this month and he would request Algerian investors and traders to join this summit.
