Dhaka, Bangladesh (BBN)- Bangladesh and South Korea have agreed to strengthen the existing trade and commerce through technology transfer and sharing trade-related information.
A memorandum of understanding to this effect was signed between the Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) and the Korean Importers Association in the capital Dhaka on Wednesday.
FBCCI acting president Jashim Uddin and KOIMA chairman Ju Tae Lee signed the MoU on behalf of their respective sides, an announcement said.
Under the MoU, the two countries will cooperate with each other for exchanging trade related training programs, besides transferring technology.
Bangladesh exported goods worth $140.28 million to South Korea and imported $837.01 million during the fiscal year 2009-10.
BBN/SSR/ANS-30Sept10-10:34 am (BST)