President Hamid for boosting trade ties with Brazil

President M Abdul Hamid on Tuesday called for strengthening bilateral ties with Brazil as the newly appointed Bangladesh Ambassador to Brazil Sadia Faizunnesa paid a courtesy call with him at Bangabhaban.

During the meeting, the president said that there was ample scope to develop bilateral relations with Brazil, as well as increase trade and investment, Md Joynal Abedin, press secretary to the president, told reporters after the meeting.

The head of the state advised the new ambassador to avail this opportunity through developing more relations with Brazil.

The bilateral trade volume is now less than $2 billion and Hamid hoped that trade between the two countries would increase in the days to come.

He assured her of providing necessary support as the ambassador sought guidance and necessary cooperation from him in doing the assignment in Brazil.

Bangladesh imports sugar, wheat, and cotton from Brazil and exports apparel products, pharmaceuticals, plastics, tableware, vegetable textile fibre, jute goods, and man made filaments

He said that Bangladesh and Brazil can make a stronger alliance considering Bangladesh a big economic power. "It has nothing to do with the size of the country, but the size of the economy and market is huge."

Brazil is South America's most influential country, a rising economic power, and it has made major strides over the past few years in its efforts to raise millions out of poverty, although the gap between the rich and the poor remains wide.

President's Office Secretary Sampad Barua, Military Secretary Major General SM Salah Uddin Islam and Secretary (attachment) Md Wahidul Islam Khan were also present at the meeting.

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