Industry

Dhaka seeks collective efforts for early recovery from economic devastations

Foreign Minister Dr AK Abdul Momen has said they need collective efforts for early recovery from "economic devastations" caused by the COVID-19 pandemic and supply chain disruptions due to the ongoing conflicts in the Europe.

"Bangladesh has made a strong recovery from the COVID-19 pandemic, however, the volatility of markets following the Ukraine conflict is a cause for concern," he said.

Momen said need collective collaborative efforts to sustain economic growth and maintain peace, security and stability in the region.

He made the remarks while delivering his opening remarks at the 7th Joint Consultative Commission (JCC) held between between Bangladesh and India in New Delhi on Sunday.

Momen and his Indian counterpart Dr S Jaishankar co-chaired the 7th JCC meeting.

The year 2021 was a momentous one for Bangladesh and India as the two countries jointly celebrated three epochal events – birth centenary of the Father of the Nation Bangabandhu Sheikh Mujibur Rahman, Golden Jubilee of Bangladesh’s Independence and 50th anniversary of establishment of Bangladesh-India diplomatic relations.

During the last twelve years, under the leadership of Bangabandhu’s daughter Prime Minister Sheikh Hasina, Momen said the government has taken bold steps towards strengthening relations with India in depth and dimensions.

"We have attained tangible results in many areas, such as, settling land and maritime boundary demarcation, security, connectivity, development cooperation, cultural exchange, power and energy, trade and commerce, blue economy, defence and so on," he said.

Source: United News of Bangladesh