Dubai PR Network, Online Press Release from Dubai and Middle East
 
Economy & Statistics(Banking & Investments)
Filter PR by
  
Sheikh Ahmed Dalmook Al Maktoum and Bangladesh Investment Development Authority for setting up a special economic zone in Matarbari
 

This will speed up our economic diplomacy,” Foreign Minister AK Abdul Momen told reporters on Wednesday, referring to the new foreign policy priority of the government. Trade and investment would be the key focus, he said.

UAE Prime Minister Sheikh Mohammad Bin Rashid Al Maktoum who is also the ruler of Dubai invited the prime minister for the visit.

Hasina will attend the inauguration of the International Defence Exhibition (IDEX 2019) in Abu Dhabi on the morning of Feb 17 and visit the exhibition.

Hasina will leave Dhaka on Thursday for Germany in her first overseas visit after assuming the office for the third consecutive term. On the way back to Dhaka, she will visit the UAE which is the second biggest destination for Bangladeshi workers.

Bangladesh has recently signed a deal to send workers in 19 different categories. The government has also opened its market for Bangladeshi doctors and engineers.

About 50,000 Bangladesh workers became legal under the general mercy scheme of the UAE government between August and December last year.

The foreign minister said during the visit, the prime minister will interact with the Bangladesh community apart from the meetings with her counterpart and other senior ministers.

The foreign ministry is also expecting to hold a Foreign Office Consultation at the foreign secretary level during the visit.

Of the two MoUs, Momen said, one is related to an LNG terminal and power plant and the other is about a special economic zone in Matarbari.

The MoU between the private office of Sheikh Ahmed Dalmook Al Maktoum and Bangladesh Power Development Board is meant for projects on the development of liquefied natural gas terminal, power plant and any other projects of mutual interest.

The second MoU is between the private office of Sheikh Ahmed Dalmook Al Maktoum and Bangladesh Investment Development Authority for setting up a special economic zone in Matarbari on 300 acres of land, Momen said.

The UAE is regarded as an economic powerhouse and trade centre. “So this visit will strengthen our relations and will also speed up the policy of our economic diplomacy.”

Bangladesh will participate in the Dubai expo next year in a big way, Momen said.

The prime minister will arrive back in Dhaka on Feb 20.


Posted by : Dubai PR Network Editorial Team
Viewed 3965 times
PR Category : Banking & Investments
Posted on : Saturday, February 16, 2019  7:14:00 PM UAE local time (GMT+4)
Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of DubaiPRNetwork.com.
Previous Story : Reskilling Revolution – Positive Business Case for Companies...
Next Story : German State Ministry of Economic Affairs Commends UAE's Dig...
Email this article Print this article

Share this article with your friends and followers
NewsVine
Back to Section Home

Related Stories



 
 
Most Viewed Press Release posted in the last 7 days
Lamborghini SCV12: Squadra Corse Hypercar Ready to Hit the Track [4736-Views]
Let's Brigthen Up! The Face Shop's Ultimate Summer Skincare Range From Belif is Here! [3813-Views]
NUDESTIX Launches - Nudies Blush, Bronze, and Glow Shade Extension [3624-Views]
Saxo Bank Launches Loyalty Program for MENA Region Clients [3620-Views]
WTTC Launches Safe Travels Protocols for Attractions, Car Hire and Short-Term Rental [3423-Views]
Dabur Launches Pure Organic Coconut Oil: Natural Protection for Hair, Skin, and Overall He... [3259-Views]
Crude Oil Headwinds on Virus and Technicals [2940-Views]
Registration Opens for Training On the Camel Trek and Camel Marathon for Expats [2841-Views]
Essence Spring/Summer 2020 Collection [2562-Views]
Pan Emirates Unveils Exclusive New Collection [2435-Views]
Dubai Sports Council Discuss Upcoming Sports Events With Federations and Organisers [2411-Views]
Big Bang Integral King Gold [2386-Views]
Customers can Benefit from Increasing Gold Rate by just Paying 10% Advance at Malabar Gold... [2325-Views]
IATA Proposes Alternatives to Quarantine' [2218-Views]
IATA Proposes Alternatives to Quarantine [2206-Views]
Preparing for a New Post-pandemic Economic Era in Mena [2161-Views]
Siemens Energy signs Al Hamudhia 400kV Substation contract with Iraqi Ministry of Electric... [2157-Views]
The 11th Edition of the Arab Fashion Week to Launch Virtually Today, from June 24th to 26t... [2140-Views]
New Bentayga to Launch Beyond100 [2050-Views]
Transfast Partners with Habib Bank Limited (HBL) for Global Remittances [2021-Views]
Frontline Warriors and Volunteers from two Al Warsan isolation facilities honoured for hel... [1976-Views]
Cairo Amman Bank Adopts the Latest Technology to Enhance Performance and Security for its ... [1939-Views]
Panasonic Jaguar Racing Management Team Discuss Formula E's Return to Racing in Berlin [1931-Views]
Formula 1 Launches #WeRaceAsOne [1915-Views]
Media Rotana Hotel Reopens Its Doors With Attractive Offers in a Safe Environment [1898-Views]
 
RSS Facebook Twitter LinkedDin
 
Top Sections
 
Top Stories