Bangladesh to overcome next stage of development: Mahmood Ali

Remote Affairs Minister Abul Hassan Mahmood Ali yesterday said Bangladesh will conquer the following phase of improvement and in addition keep on going forward. 

"Bangladesh is one of two nations which accomplished all the three criteria - Gross National Income (GNI), Human Asset Index (HAI) and Economic Vulnerability Index (EVI) - for moving on from the Least Developed Countries (LDCs). I figure the nation will conquer the following phase of advancement too keep on going forward as we are in good shape under the dynamic authority of Prime Minister Sheik Hasina," he said. 

The clergyman was tending to the inaugural capacity of a course titled 'Bangladesh's Graduation from LDCs: Opportunities, Challenges and Imperatives' at Bangladesh Institute of International and Strategic Studies (BIISS) in the city. BIISS composed the class as a team with the Ministry of Foreign Affairs. 

Talking about the difficulties that Bangladesh would need to look in future because of its graduation from the LDCs, Mahmood said the nation would lose in regards to USD 2.7 billion on its aggregate fares as extra levy on the fares will be forced by 6.7 for each penny. 

Furthermore, alluding to various accomplishments, incorporating into wellbeing and training parts, of the nation he said "I figure we will have the capacity to beat the subsequent stage of improvement as the nation is walking ahead under the authority of Father of the Nation Bangabandhu Sheik Mujibur Rahman's little girl Sheik Hasina". 

Managed by Chairman of BIISS Board of Governors Ambassador Munshi Faiz Ahmad, the inaugural capacity was tended to by Under-Secretary General of the UN and the High Representative of UN-OHRLLS Fekitamoeloa Katoa 'Utoikamanu as the unique visitor. 

BIISS Director General Major General AKM Abdur Rahman and WFP Country Director and UN Resident Coordinator in Bangladesh Christa Rader conveyed welcome discourse in the capacity. 

Prior, a narrative saluting Prime Minister Sheik Hasina was screened in the capacity for the immense accomplishment. 

Afterward, Distinguished Fellow of Center for Policy Dialog (CPD) Professor Mustafizur Rahman conveyed a keynote paper on the subject in the working session with Foreign Affairs Secretary Md Shahidul Haque in the seat. 

In his keynote paper, Professor Mustafiz said Bangladesh will lose a few open doors like obligation free market access for all items in every single created nation aside from the clothing fares to the United States (US) and the chance of getting advances in low loan fee because of its graduation from LDCs. 

"In any case, we imagine that the nation will have the capacity to confront the difficulties that will come ahead because of its graduation from LDCs as it is currently remaining on a solid financial establishment," he included. 

Official Director of Policy Research Institute of Bangladesh Dr Ahsan M Mansur, BIISS acting Research Director Dr Mahfuz Kabir, Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) President Md Shafiul Islam and Head of Delegation of the European Union to Bangladesh Rensje Teerink tended to the working session.