Dhaka, Berlin identify 5 areas of cooperation

Bangladesh and Germany have identified five areas of cooperation, including renewable energy and energy efficiency, between the two countries.

The other four areas of interventions of German-Bangladesh mutual cooperation are sustainable urban development, good governance, displacement and migration, and sustainable supply chains in the textile sector.

These were identified at the Bangladesh-German Development Cooperation Negotiations 2020 that completed recently with new commitments of Euro 339.54 million.

The overall amount since 1972 reaches Euro 3.03 billion, said the German Embassy in Dhaka on Thursday.

Due to the COVID-19 pandemic situation, the negotiations were held virtually recently.

The delegation of Bangladesh was headed by Dr Gauranga Chandra Mohantandc, Additional Secretary and Wing Chief, Europe Wing, Economic Relations Division, Ministry of Finance.

The delegation of the Federal Republic of Germany was headed by Dr Ute Heinbuch, Head of Division “Policy Issues of Cooperation with Asia, South Asia” in the German Federal Ministry for Economic Cooperation and Development (BMZ).

Hammerschmidt, Commissioner for Asia, German Federal Ministry for Economic Cooperation and Development delivered the welcome address.

For the Government of Bangladesh, Fatima Yasmin, Secretary, Economic Relations Division (ERD), Ministry of Finance, made the opening remarks.

The negotiations took place in a friendly atmosphere of constructive cooperation.

Both parties discussed issues of development cooperation including environment, climate change, human rights and good governance.

Germany provides further assistance for forcibly displaced Myanmar Nationals (Rohingya refugees) camps and surrounding host communities with Euro 19 million.

The two delegations had an open and fruitful exchange of views on ongoing projects and programmes in the field of Financial and Technical Cooperation as well as on future development cooperation.

In addition, support to integrated management of the Sundarbans mangroves and the marine protected area ‘Swatch of No Ground’ was agreed.

Source: United News of Bangladesh