Brazil has proposed signing an umbrella agreement with Bangladesh for cooperation in various potential sectors, including agriculture, health, education and sports.

Ambassador Maria Edileuza Fontenele Reis, Under-Secretary General for Political Affairs II of Brazilian Ministry of External Relations told diplomatic correspondents at Brazil Embassy in the city yesterday.

She also expressed willingness to strengthen political and economic cooperation with Bangladesh, saying that Bangladesh is a good destination for overseas investment.

Reis arrived here on June 12 on a three-day visit.

Reis said cooperation can take place in transport sector in making buses and trucks and in civil engineering for construction of infrastructure as they do it in China, Russia, India, Middle East, EU and USA.

She said Brazil can import pharmaceutical products from Bangladesh. A trade mission will visit Bangladesh to explore the new avenues of trade and investment to reduce the trade gap between the two countries, she added.

She hoped that Bangladesh would also establish its mission in Brazil shortly. Foreign Secretary Mijarul Quayes will visit Brazil at end of July or early August in this respect.