Bangladesh and the Kingdom of Saudi Arabia (KSA) have agreed to form a joint task force to enhance energy cooperation between the two countries.
The two countries also decided to strengthen further their bilateral cooperation in several fields of shared interests to achieve the directives of the two leaderships and the goals of their two brotherly peoples, reports BSS.
The two sides also signed two Memorandum of Understanding (MoUs) on the establishment of a joint business council between the Federation of Saudi Chambers and the Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) and an MoU on the mutual recognition of seafarers' certificates.
Bangladesh Ambassador to Saudi Arabia Dr Mohammed Javed Patwary and Deputy of Saudi Maritime Transport Abdul Rahman M Al-Thunayan signed the two MoUs.
The developments came from the two-day 14th Joint Commission meeting between the two countries held on October 30-31 at Crown Plaza Hotel in Riyadh.
Economic Relations Division (ERD) Secretary Sharifa Khan led the Bangladesh delegation while Saudi Vice Minister for Human Resources and Social Development Dr Abdullah Abuthnain led the Saudi side.
The two countries would hold the meeting of the task force on regular basis on energy cooperation at their convenient time.
Besides, following a request from Bangladesh, Saudi Arabia assured of investing in the commercial supply of LNG on an urgent basis and in the Eastern Refinery Unit 2 project.
The meeting also discussed the establishment of a 1,000 MW solar power plant by Saudi Akwa Power and another 730 MW gas-fired power plant.
Bd-pratidin English/Golam Rosul