Bangladesh and the Kingdom of Saudi Arabia today discussed ways for increased Saudi investment in special economic zones and offshore banking systems in Bangladesh.
The issues were discussed at the second Bangladesh-Saudi Arabia Political Consultations held in Riyadh. Foreign Minister Dr Hasan Mahmud led the Bangladesh delegation.
Minister Hasan discussed with his Saudi counterpart Prince Faisal bin Farhan Al Saud wide-ranging issues of regional and global development and of bilateral, economic, manpower and energy partnership.
The high-level meeting was also attended by Salman F. Rahman, Advisor to the Prime Minister for Private Industry and Investment; Additional Foreign Secretary (Bilateral-East and West) and Inspector General of Missions Dr Md Nazrul Islam; Bangladesh Ambassador to the Kingdom of Saudi Arabia Md Javed Patwari; Director General (West Asia) Md Shafiqur Rahman; Director General (Foreign Minister's Office) Md Arif Nazmul Hasan and Saudi officials.
They reviewed the entire spectrum of partnership between Bangladesh and Saudi Arabia.
At the meeting, they emphasized on Bangladesh-Saudi Arabia Joint Business Council to speed up their activities for the development of commercial relations between the two countries.
They also discussed Bangladesh’s special privileges in importing oil from Saudi Arabia.