Country Report Bangladesh January 1996 Main report

Political scene: The Iranian head of state visits Bangladesh

In October the president of Iran, Ali Akbar Hashemi Rafsanjani, paid the first-ever official visit by an Iranian head of state to Bangladesh. The president had visited India in April, and he followed his visit to Bangladesh by continuing to Vietnam and the Philippines. A memorandum of understanding between Iranian officials and their Bangladeshi counterparts signed at the end of the four-day stay contained pledges by the Iranians to build an oil refinery, liquefied petroleum gas plant and cement factory. The pledges represent investment of about $1bn, and the plants are planned to be in operation by mid-1999.

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