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Two accords signed: JC soon

Dhaka, Lima for closer economic cooperation

By Staff Correspondent
Bangladesh and Peru have agreed to foster closer bilateral economic co-operation and learn from each others experiences in the days ahead.
The understanding was reached at the formal talks between the countries held here yesterday.
Prime Minister Sheikh Hasina and visiting Peruvian President Alberto Fujimori led their respective sides in the hour-long talks held at the International Conference Centre (ICC) in the morning.
After the talks, the two sides signed a 'Basic Agreement on Technical and Scientific Cooperation' while the chamber bod-ie^.o^ the two countries also signed a 'Protocol of Cooperation.' Foreign Secretary Farooq Sobhan, who was present in the talks said, briefing newsmen.
After the brief signing cere-
mony at 12:45 pm the Bangladesh Prime Minister and the President of Peru shook hands and exchanged the agreed documents.
At the talks. President Fujimori and Prime Minister Sheikh Hasina and President Fujimori agreed that the two countries had many things in common and vast scope to learn
and gain from each other's experience. Both the sides also agreed to give scope to the private sectors to take initiatives for promoting economic cooperation for mutual benefit. They underscored the need for fortifying the South-South cooperation. the foreign secretary
President Fujimori mentioned his interest in microcredit. He said that in some parts of Peru, micro-credit programmes were launched but. he was eager to take advantage of Grameen Bank's experience in further expanding his country’s micro-credit programmes.
Prior to the official talks, the Peruvian President paid a courtesy call on Prime Minister Sheikh Hasina. He also visited a Grameen Bank project and bought some 'Grameen Check.
He referred that his visit was in response to Sheikh Hasina’s invitation on the sideline of the Washington Micro-Credit Summit early this year. Fujimori also extended an invitation to Sheikh Hasina to visit his country and the Bangladesh Prime Minister accepted the invitation. Farooq Sobhan said.
President Fujimori praised Bangladesh's success in various fields, particularly in the agriculture sector. He said, though
Peru is 10 times bigger in size, it firoduces six million MT of oodgrains compared to
Bangladesh's 20 million MT.
Sneikh Hasina said in the talks that she had written letters to leaders of G-7 countries seeking duty free entry of products of Least Developed Countries (LDCs) and debt relief for them. The G-7 summit is due' in Colorado on June 19.
Letters have been sent to Presidents of USA. France, Italy, Prime Ministers of UK. Canada . Japan, and Chancellor of Germany.
Sheikh Hasina told Fujimori that her government was commitment to good governance. flourishing of democracy and freedom of press. She also mentioned investment opportunities offered by Bangladesh, formation of the SAFTA by year 2001 and Bangladesh's "pragmatic relations" with India.
Prime Minister Sheikh Hasina appreciated the rapid economic growth that Peru achieved over the last 7 years since Fujimori took over. She also offered to export manpower to Peru. Farooq Sobhan said.
Foreign Minister Abdus Samad Azad. Education Minister ASHK Sadek, State Minister for Foreign Affairs Abul Hasan Chowdhury. State Minister for Planning Mohiuddin Khan Alamgir, Principal Secretary to Prime Minister, Foreign Secretary. Science and Technology Secretary and FBCCI President, were, among others in the Bangladesh side. Fujimori was assisted in the talks by his daughter and First Lady Keiko Sofia Fujimori, others officials
and leaders of his country's chamber body.
Under the agreement on technical and scientific cooperation. the two countries will form a Joint Commission' which will meet periodically for exchange of experts and scientific ana technical information and undertaking joint ventures. specially in the field of fishing industry and canned fish. The agreement was signed by Fazlur Rahman, Secretary. Ministry of Science and Technology. and Victory Aritomy. Peru's Ambassador to Japan.
TTie 'Protocol of Cooperation' between the Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) and the Lima Chamber of Commerce (LCC) was signed by FBCCI President Yusuf Abdullah Harun and his Peruvian counterpart Juan A Forsyth. Under the agreement, the chamber bodies will exchange market information and trade missions foster economic and industrial cooperation, organise meetings of their representatives. inform each other about national and international fairs and specialised exhibitions and promote their participation in those events.
Farooq Sobhan said that the Protocol of Cooperation' between the chamber bodies is expected to lead to launching of joint ventures in near future.