Argentina seeks Bangladesh's cooperation to launch microfinance

, National

Staff Correspondent, Barta24.com, Dhaka | 2025-01-19 17:46:40

Argentina's Ambassador to Dhaka, Marcelo Siza, has sought Bangladesh's cooperation to launch microfinance in Argentina.

The Argentine Ambassador sought this cooperation during a meeting with the Chief Adviser at the State Guest House Jamuna on Sunday (January 19).

He told the Chief Adviser, "We can utilize the passion we have for football for the benefit of both countries. There are many unexplored areas of cooperation between Argentina and Bangladesh, which can create significant potential for both countries."

At this time, Marcelo Siza also requested to consider opening a Bangladesh embassy in Buenos Aires, Argentina.

The Argentine Ambassador also said that currently Argentina's trade of about 700 million US dollars is in their favor and they want to balance this relationship by increasing imports from Bangladesh.

At this time, Chief Advisor Dr. Muhammad Yunus also called for increasing bilateral cooperation in various fields, including trade, based on Bangladesh's passionate football relationship with Argentina.

Referring to the overwhelming support of the people of Bangladesh for the Argentine football team, the Chief Adviser said, "We have a passionate relationship. We can build on that. The ground is ready, we can take it to other fields."

He also asked the Ambassador to explore opportunities for full ownership or joint ventures for trade and investment related to Bangladesh and to explore the possibility of energy cooperation.

Argentina currently exports various products including soybeans, wheat, corn and raw cotton to Bangladesh and imports about 22 million dollars worth of garments from Bangladesh annually.

During his talks with the Chief Adviser, Ambassador Marcelo Siza emphasized on working more closely on cotton, joint ventures, pharmaceuticals, textiles, football cooperation (including women), microfinance, trade delegations, LNG, rice diseases, etc.

At the time, he also praised Bangladesh's commitment to preventing enforced disappearances by signing the International Convention for the Protection of All Persons from Enforced Disappearances (ICPPED), which Argentina actively adopted on August 29, 2024. 

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