Bangladesh–Nigeria relations

Bangladesh-Nigeria relations

Bangladesh
Nigeria

Bangladesh–Nigeria relations refer to the bilateral relations between Bangladesh and Nigeria. Both Bangladesh and Nigeria are members of international organizations like Organisation of Islamic Cooperation, Developing 8 Countries etc.

High level visits

In 2010, Prime Minister of Bangladesh Sheikh Hasina paid an official visit to Abuja.[1]

Cooperations

Trade and investment, agriculture and tourism are chief areas for cooperation between the two countries.[2]

Economic relations

Bangladesh and Nigeria have expressed mutual interest to expand the bilateral trade and investment.[3] Bangladeshi pharmaceuticals, knitwear, cement, jute and jute goods, ceramics, ocean-going vessels, light engineering, leather and plastic goods have been identified as products with huge potential in the Nigerian market.[4] Nigeria has urged Bangladeshi businessmen to invest in the agriculture, food-processing, pharmaceuticals, medical equipments, ICT and education sectors of Nigeria. Trade between the two countries stood at 14 million USD in 2012.[5] In 2014, Bangladesh Tariff Commission prepared a feasibility study for the benefits of signing new Free/Preferential trade agreements with African states and recommended that Nigeria along with Mali are the most promising countries for signing such agreements.[6]

References

  1. ↑ "President for increasing cooperation with Nigeria, west African countries". Bangladesh Sangbad Sangstha. Retrieved 12 June 2014.
  2. ↑ "President urges Nigeria to recruit Bangladeshi experts". UNB Connect. Retrieved 12 June 2014.
  3. ↑ "Nigerian envoy calls on President". The Financial Express. Retrieved 12 June 2014.
  4. ↑ "DCCI urges Nigeria to import Bangladesh products". New Age. Retrieved 12 June 2014.
  5. ↑ "Nigerian businessmen urged to invest in Bangladesh". Daily Sun. Retrieved 12 June 2014.
  6. ↑ "Bangladesh plans trade deals with Nigeria and Mali". Dhaka Tribune. Retrieved 12 June 2014.
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