PM URGES PROMOTION OF SOUTH-SOUTH AND TRIANGULAR CORPORATION


PM URGES PROMOTION OF SOUTH-SOUTH AND TRIANGULAR CORPORATION

SHEIKH HASINA 098

To ensure shared prosperity, sustainable development and a life of dignity for all promoting South-South and triangular cooperation is extremely important.

The statement has been made by Prime Minister Shiekh Hasina while delivering her speech at the High-Level Roundtable on South-South Cooperation held at the conference room of the UN Headquarters in New York on Saturday.

“Let’s commit ourselves to promote South-South and triangular cooperation to ensure shared prosperity, sustainable development and a life of dignity for all,” she said.

Sheikh Hasina emphasized on the South-South cooperation for fostering durable peace and security. “Indeed, the volatile global security situation, particularly violent extremism, continues to pose significant challenge to sustainable development in the South,” she said.

She said the concept of South-South cooperation is premised on solidarity and compassion. “Our countries may differ in size, strength or level of development, but we generally share similar development visions. We can thus exchange, disseminate and scale up successful development solutions with one another.”

HASINA CHINA PREMIERE 2015With this in mind, she said, Bangladesh hosted a High-level Meeting on South-South Cooperation and Development in Dhaka earlier this year. The meeting focused on financing South-South initiatives and technology transfer within the South.

“We’re moving in the right direction. New patterns of trade, investment and other economic activities have emerged among countries of the South,” she said.

Sheikh Hasina, however, said the range and quantum of South-South cooperation have expanded in the last decade or so. “But, it is also a reality that South-South Cooperation cannot substitute North-South Cooperation.”

Chinese President Xi Jinping and UN Secretary General Ban Ki-moon co-chaired the round-table attended by heads of state and government of 18 countries, including Bangladesh, Egypt, Indonesia, Malaysia, Saudi Arabia, Nepal, Pakistan and South Africa. The leaders of these countries took part in the round-table.

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SEPTEMBER 26, 2015

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About Ehsan Abdullah

An aware citizen..
This entry was posted in ACHIEVEMENTS - SUCCESS, CHALLENGES, CURRENT ISSUES, ECONOMY, FOREIGN RELATIONS & POLICY, GLOBAL INDICATORS & BENCHMARK, GROWTH & TARGET, INDUSTRIES, REGIONAL COOPERATION, Regional Policy, STRATEGY & POLICY, UNITED NATIONS. Bookmark the permalink.

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