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Talks with Russia on trade in own currency: Foreign Minister

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Foreign Minister Hasan Mahmud said that talks are going on with Russia to start trading in its own currency. He said this to reporters after a discussion with the Russian ambassador Alexander Mantitsky at the Ministry of Foreign Affairs on Wednesday afternoon.

Foreign Minister Hasan Mahmud said, ‘Discussions are ongoing with many countries regarding trade in their own currencies. We have started somewhat with India. The Russian ambassador discussed with me the exchange of rubles. If we can do this with different countries then our dependence on any particular currency will be reduced. It will definitely help our economy.’

The foreign minister urged the Russian ambassador to increase investment in Bangladesh. He said, ‘Russia imports various products including ready-made garments and jute from Bangladesh. Bangladesh also imports various products including wheat, fertilizer from Russia. Detailed discussions were held with the Russian Ambassador on further expanding the ‘trade basket’ of the two countries. The two countries also discussed the signing of an MoU on information technology.

The foreign minister said, ‘Bangladesh has very good and multi-dimensional relations with Russia. We have built Rooppur nuclear power plant with Russian funding and technological support. It is going into production very soon. We were able to emerge as a nuclear nation with their help.’

At this time, the foreign minister highlighted Russia’s great contribution in the liberation war and post-war reconstruction in Bangladesh.

In response to a question from journalists, the foreign minister said that 80 diplomats including the ambassadors of India, America, Russia, UK, EU, China, France and Germany were present in the first session of the 12th National Parliament last Tuesday.


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