Bangladesh and Bulgaria have signed a deal on Foreign Office Consultations (FOC) to establish institutional cooperation between the two countries.
Bangladesh Ambassador to Turkey Zulfiqur Rahman, also envoy to Bulgaria, and Deputy Foreign Minister of Bulgaria Angel Velitchkov signed the Memorandum of Understanding on behalf of their respective governments in Sofia on July 30.
This is the first step taken between these two countries to initiate institutional cooperation, said a foreign ministry press release yesterday.
It would now allow regular consultations between Bangladesh and Bulgarian governments in all areas of cooperation, it added.
Speaking at the signing ceremony, Velitchkov said the two countries should work on in areas of trade, economic cooperation, cultural and technological cooperation including in the field of agriculture.
Praising Bangladesh's sustained economic growth at over six percent in the last few years, the Bulgarian deputy foreign minister said it is only natural for his country, as an EU member, to establish economic and commercial cooperation with a rising economy like Bangladesh.