PM calls for effective south-south cooperation

Prime Minister Sheikh Hasina has laid importance on close networks to share information, knowledge, experience and technology among countries to achieve the post-2015 development goals through effective south-south cooperation.

The prime minister said this while inaugurating a high-level meeting on "South-South and Triangular Cooperation in the Post-2015 Development Agenda: Financing for Development in the South and Technology Transfer."

The prime minister said she feels highly encouraged watching the momentum generated on the South-South Cooperation, which has great potential to grow among the countries in the global south.

As the current president of the United Nations General Assembly High Level Committee on South-South Cooperation, she said, Bangladesh is strongly committed to the critical and innovative mode of development cooperation.

Economic Relations Division, Ministry of Finance in partnership with UN Office for South-South Cooperation (UNOSSC) and UNDP organised the two-day meeting at Pan Pacific Sonargoan Hotel in the city.

The event brought together ministers, senior officials and practitioners both from the South and the North for discussions on how South-South and triangular cooperation could be better oriented towards the attainment of internationally agreed upon post-2015 development goals.

Prime Minister Sheikh Hasina said the Post-2015 development agenda will be adopted this year as the guiding global policy to ensure the sustainable development of all nations of our planet.

South-South Cooperation is ever expanding, and with the passage of time, it encompasses new areas of cooperation, she said, hoping that the Dhaka meeting would contribute to shaping the post-2015 development agenda, through which both the South and the North would come together for mutual benefit.

Messages of the UN Secretary General Ban Ki-moon and president of UN General Assembly Sam Kutesa were read out in the meeting.

Referring to her participation in the Asian-African Summit in Indonesia last month, Sheikh Hasina said the Summit was aimed at strengthening the partnerships amongst Asian and African nations and sharing experiences in enhancing economic development of both regions.

This high level meeting is another step towards promotion of South-South and triangular cooperation as an effective mechanism of development cooperation across the world which bridges both the South and the North, she said.

The prime minister said the global south is emerging as an economic power adding new force to the aspirations of the countries in overcoming common perennial challenges like poverty, hunger and obsolete technologies.

The countries are also successfully dealing with low productivity in agriculture and industry, tariff and non-tariff trade barriers, poor connectivity and ineffective mutual and regional cooperation, she said.