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Bangladesh, Germany complete development cooperation negotiations


Published : 19 Nov 2020 11:38 PM | Updated : 20 Nov 2020 07:27 AM

Bangladesh and Germany have completed the negotiation for the development cooperation of the year 2020 with new commitments of Euro 339.54 million.

The German embassy said on Thursday due to the COVID 19 pandemic situation the negotiations were held virtually recently.

Dr. Gauranga Chandra Mohanta, Additional Secretary of the Economic Relations Division, led the Bangladesh side while Dr. Ute Heinbuch, Head of Division Policy Issues of Cooperation with Asia, South Asia led the German side.

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

For the government of Bangladesh, Fatima Yasmin, Secretary, ERD, 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.

It is to be noted that Germany provides further assistance for forcibly displaced Myanmar National (Rohingya refugees) camps and surrounding host communities with the amount of 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 (FC and TC) as well as on future development cooperation.

As a result of the negotiations, commitments for the following areas of interventions of German-Bangladesh mutual Cooperation were made: Renewable Energy and Energy Efficiency, Sustainable urban development, Good Governance, Displacement and migration, and Sustainable supply chains in the textile sector.

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

Since 1972, the overall cooperation of Germany has reached Euro 3.03 billion.