Confident B’desh seeks global partnership to realize development dreams: FM

Publish: 8:08 PM, March 10, 2022 | Update: 8:08 PM, March 10, 2022

Bangladesh has sought global partnership to take its “steady growth trajectory” to another height for graduating to a developing country by 2024 and a developed nation by 2041.

“The message must be loud and clear – we add value – we are ready – partner with us,” said Foreign Minister AK Abdul Momen while addressing at the Bangladesh Economic Forum 2022 in Dubai on Thursday.

Momen mentioned key areas of potential partnership – food, finance, design, connectivity, ports, power, energy and human resources, according to message received in Dhaka.

He said they have established a new wing – the international trade, investment and technology wing – to deal and coordinate all trade and investment issues for supporting all relevant national authorities and ministries, including BIDA, BEZA, BSEC and High-Tech Park Authority and to closely work with them as “One-Government”.

PM’s Adviser Salman Fazlur Rahman, Chairman of Bangladesh Economic Zone Authority Sheikh Yousuf Harun, FBCCI President Md Jashim Uddin, representatives from the public and private sectors of both Bangladesh and the United Arab Emirates were present at the event.

  1. foreign inister said it is time they start creating the narratives which allow Bangladesh platforms to become global incubators for innovation and entrepreneurship.

He said their sub-regional growth circle across South Asia, East Asia and South-East Asia are expanding. “Now, we must do all that we can to strengthen our global connections and for finding win-win enterprises.”

Momen said Bangladesh will become the 25th largest economy of this world before 2035. “We have a demonstrably huge potential to become an international hub for business and manufacturing.”

More interestingly, he said, Bangladesh’s capabilities and competencies – particularly in the ICT and in the ITES domains – make the country profitable partners for any such “space” anywhere in the world.

During the next few years, he said, they expect to gain an equitable market access; expansion of export basket; significant amount of FDI inflow; transfer of critical technologies and employment of professionals and workers in foreign countries. “I call it our Economic Diplomacy Package”.