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Dhaka, Hanoi sign investment accord

UNB, Hanoi
Bangladesh and Vietnam yesterday agreed to cooperate with each other in all potential sectors, especially investment, trade, tourism and agriculture, for mutual benefits of the two nations.
Dhaka and Hanoi also signed an agreement to promote investment in the two countries. The agreement came during official talks between Prime Minister Khaleda Zia and her Vietnam counterpart Phan Van Khai, who led their respective sides.
Formation of a joint commission between the two countries to formulate guidelines for promoting bilateral cooperation in all sectors also came up in the more than an hourlong talks held at the Government Office of Vietnam.
Briefing reporters on the outcome of the talks, Foreign Secretary Hemayetuddin said the two sides also agreed to the formation of joint working group for expanding cooperation in agriculture.
The joint working group will be
finalised through further discussions at the foreign ministry and ambassador levels.
Following the official talks, Bangladesh State Minister for Agriculture Mirza Fakhrul Alamgir and Vietnamese Foreign Minister Nguyen Dy Nien signed the agreement on promotion and protection of investment between the two countries.
Both prime ministers witnessed the signing ceremony.
"What is critical now is to have working groups and a commis-sion...to implement the two prime ministers' agreements," Khai told reporters after the meeting.
"I believe that the visit by the Bangladesh prime minister will help strengthen our cooperation in many fields," he said.
Hemayetuddin said the official talks covered the entire range of bilateral relations and ways to promote cooperation in trade, commerce and investment.
Describing previous visit of Vietnamese President Tran Duc Luong to Dhaka and the return visit of Khaleda Zia to Hanoi as very significant, he said this would further advance the bilateral ties and cooperation.
The foreign secretary said the political and diplomatic relations between the two countries are excellent which should help uplift economy and bolster trade relations.
At the talks Khaleda Zia was assisted by State Minister for Agriculture Mirza Fakhrul Islam Alamgir, Foreign Affairs Adviser Reaz Rahman, Foreign Secretary Hemayetuddin while Phan Van Khai was aided by his Foreign Minister Nguyen Dy Nien, other ministers and high officials.
Khaleda Zia, who arrived in Vietnam Tuesday for a three-day visit, was scheduled to meet President Tran Duc Luong and Communist Party General Secretary Nong Duc Manh later on the day before returning home Thursday.