Sunday, 03 Jul, 2022


PM Hasina places 5 proposals to strengthen regional cooperation 

News Desk |
Update: 2022-05-23 12:31:35
PM Hasina places 5 proposals to strengthen regional cooperation 

Calling for enhancing financial cooperation to improve regional crisis management, Prime Minister Sheikh Hasina on Monday placed five proposals to strengthen the regional cooperation against the backdrop of the Covid-19 pandemic and Russia-Ukraine conflict.

She said: "I would like to propose (five) steps that ESCAP may take into account as the Russia-Ukraine war must be stopped immediately and joint actions are needed to tackle the situation."

The premier made the remarks in a video message broadcast in the seventy-eighth session of the Economic and Social Commission for Asia and the Pacific (ESCAP) of the United Nations.

The session is being held in a hybrid modality from 23 to 27 May at the United Nations Conference Centre in Bangkok and online on 75th anniversary of ESCAP.

Sheikh Hasina spelled out her suggestions, calling for requesting for International Support Measures to the graduating countries in a more pragmatic way along with enhancing regional financial cooperation to improve regional crisis management capacity.

In her proposals, she also advocated for taking action-oriented steps to facilitate collaboration in pursuit of knowledge and innovation and assisting member states to get united to pursue sufficient allocation of funds and technology for climate change victim countries.

The prime minister in her another proposal said, "Leveraging ICT for employment generation and growth of IT, and it enabled services to cope with the 4th IR (Industrial Revolution)."

Sheikh Hasina said when the world is struggling to recover the impacts of the Covid-19 pandemic, the Russian-Ukrainian conflict came as a huge blow to the global economic and social stability.

Bangladesh has been recommended to graduate from the LDC status in 2026, she mentioned.

"It is the global recognition of our planned development journey that we have been following for the last thirteen years," she said.

The prime minister said her government has been working with the aim to transform Bangladesh into a knowledge based developed and prosperous country by 2041.

While many countries in South Asia experienced negative or nominal GDP growth, Bangladesh maintained a commendable growth during the pandemic, Sheikh Hasina said.

"We are expecting over 7 % GDP growth in 2021-22," she said.

The premier said her government has already brought almost all targeted population under vaccination.

As the Chair of Climate Vulnerable Forum-CVF, she said Bangladesh has drafted the 'Mujib Climate Prosperity Plan,' with a vision of achieving energy independence, and setting Bangladesh's trajectory from vulnerability to resilience to prosperity.

BDST: 1228 HRS, MAY 23, 2022

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