Algerian entrepreneurs keen to invest in Bangladesh: envoy

Business Report :

Algerian entrepreneurs are keen to invest in the country as the North African nation wants to strengthen economic ties with Bangladesh.

Algerian Ambassador in Dhaka Adelouahab Saidani made the remarks when he called on Commerce Adviser Sk Bashir Uddin at his secretariat office in the city, says a press release.
Ambassador Saidani said there is a market for all Bangladeshi products, including garment products, in Algeria.

“Bangladesh should utilise the existing opportunities. Algerian businessmen are interested in investing in Bangladesh at this time,” he added.

Bashir said that Bangladesh has long-standing relations with the brotherly country of Algeria. “Religious values and cultural ties have strengthened this relationship. Through this, the relations between the people of the two countries will strengthen,” he added.

He said Bangladesh needs to increase the scope of economic cooperation. “The increase in trade with Algeria is a new area of potential,” he added.