Saudi Arabia had assure cooperation if Bangladesh request for commercial LNG supply and investment in Eastern Refinery Unit-2 project. This news was inform in a circular from the Economic Relation Department (ERD) on Tuesday (November1).

Prince Mohammed bin Salman of Saudi Arabia will visit Bangladesh in early 2023. ERD believes that it will play a unique role in increasing the relations between the two countries.

Two MoUs were signed between Bangladesh and Saudi Arabia

ERD Secretary Sharif Khan, led the Bangladesh delegation in the meeting, and Saudi Arabia was led by the Vice Minister of the Ministry of Human Resources and Social Development.

Abdullah bin Nasser bin Mohammad Abuthnain. In the meet, it was decided form a joint task force. To increase energy cooperation between Saudi Arabia and Bangladesh. The Task force is said to hold regular meet on cooperation in the energy sector.

Two Memorandum understanding were signe between Bangladesh and Saudi Arabia in the joint commission meet.

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A memorandum of understanding was signing, between the Ministry of Shipping of Bangladesh, and the Ministry of Communication of Saudi Arabia. Increase mutual cooperation in all possible field including recruitment, training and other maritime professional of the two country.

With the aim of increase  trade between the two countries. FBCCI Bangladesh, and Federation of Saudi Chambers and Commerce signed a memorandum of understanding to form a joint business council.

In the opening speech of the Joint Commission. The Secretary of the Economic Relation Department, Sharif Khan, referred to Saudi Arabia.

As a genuine brotherly and friendly country of Bangladesh and said that the Joint Commission is an important platform for periodically reviewing our bilateral relations.

It allows us to explore areas of cooperation, identify new possibilities for cooperation and reach a consensus to achieve our common goals.

Incidentally, Bangladesh Embassy in Riyadh on October 31 requested this assistance in the 14th meeting of the Joint Economic Commission between the two country.

According to the notification, Bangladesh wants to buy LNG from Saudi Arabia. Saudi Arabia has expressed interest in LNG supplies.

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