Dhaka, Nov. 5 -- Business representatives from Bangladesh and Russia on Thursday called for removing existing trade barriers to take investment and bilateral economic ties to a new level, stressing the need for a simpler payment framework to tap the untapped potential.

The call was made at the "Bangladesh-Russia Business Dialogue," held at the FBCCI office in Motijheel.

The Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) and the Russia-Bangladesh Business Council jointly organised the event, chaired by FBCCI Administrator Fazlul Hoque.

In his welcome address, Fazlul Hoque said the current global context offers both countries significant scope to expand trade.

"There are hardly any major obstacles to trade and invest...