With the energy crisis that is currently affecting not just Bangladesh, but the entire world, it has been imperative for us to be able to source energy to meet our demands.
To that end, it is good to learn that Saudi Arabia has assured its assistance in the commercial supply of Liquefied Natural Gas (LNG) to Bangladesh on an emergency basis.
In addition, two memorandums of understanding (MoUs) have also been signed between the two countries on mutual cooperation in recruitment, training of naval professionals, and increasing trade.
Particularly, discussions regarding the construction of a 1,000MW solar power and 730MW gas power plant in Bangladesh by Saudi ACWA Power is very encouraging, telling us that the authorities concerned are indeed pro-active when it comes to finding long-term solutions for Bangladesh's growing energy needs.
Saudi Arabia has also long been a favoured destination for our migrant workers, and the remittance sent year on year has been one of the foundations upon which the Bangladesh economy has grown to be what it is today.
It is therefore important for Bangladesh to continue strengthening the relationship it has with Saudi Arabia, and indeed with other Gulf nations as well. Nevertheless, this strengthened relationship must also include better working conditions for our migrant workers, together with exploring more avenues for cooperation for the benefit of all parties.
Bangladesh's historic foreign policy principle, as coined by Bangabandhu Sheikh Mujibur Rahman, of “friendship to all and malice towards none” is more relevant today than ever before, as Bangladesh navigates an increasingly volatile global climate while harbouring extremely ambitious goals.
Bangladesh must continue fostering stronger relationships with other economies so that it does not fall short of its ambitions.
