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Finance Minister desires global leaders to ease global crisis

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Finance Minister AHM Mustafa Kamal on Wednesday, 26 October urged global leaders to normalize the global economy for the sake of humanity. The minister said this while addressing virtually at the 7th Board of Governors meeting of the Asian Infrastructure Investment Bank (AIIB).

The Finance Minister said all the developing nations were already facing huge challenges amid their efforts to recover from the COVID-19 pandemic. But another blow of the Russia-Ukraine war has made their struggle more difficult.

The theme of the 2022 AIIB Annual Meeting is “Sustainable infrastructure toward a connected world”, which aims to reaffirm infrastructure’s crucial role in supporting recovery, growth and connectivity.

The annual meeting provides a diverse range of engaging sessions on topics and issues that impact sustainable economic development and the improvement of infrastructure connectivity in Asia and beyond.

It is the flagship event of the AIIB which provides a chance to report on the bank’s work and receive guidance from shareholders on the AIIB’s strategic direction and activities. It also gathers and facilitates discussions among senior official delegates from the AIIB Members, as well as partners, business leaders, civil society organizations, and experts from a range of fields.

The meeting was also addressed by – Kun Liu, Governor of China; Ken Ofori-Atta, Governor of Ghana, Nirmala Sitharaman, Governor of India; Sardar Ayaz Sadiq, Governor of Pakistan; Indrani Raja, Governor of Singapore; Jamshid Khodzaev, Governor, Uzbekistan; Samad Bashirli, temporary substitute Governor, Azerbaijan; Rudiger von Kleist, temporary substitute Governor, Germany; Nathalie Labuschagne, alternate interim governor of New Zealand and Leonardo Rodriguez Garcia, provisional Alternate Governor of Spain.

 

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Economy

FBCCI Urges Action Against Unscrupulous Traders

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FBCCI

The Market Monitoring Committee of FBCCI has urged the concerned market committees to be vigilant in preventing traders from engaging in dishonest practices to earn additional profits.

Md Amin Helaly, Senior Vice-President of FBCCI and Convener of the Market Monitoring Committee, issued this call during a meeting of FBCCI’s Market Monitoring Committee with local market committee leaders at Mohammadpur Town Hall Katcha Market in the capital on Wednesday.

Addressing the meeting as the chief guest, Helaly emphasized the importance of identifying and punishing dishonest businessmen and their associates.

He urged the collection of reports on dishonest traders and their submission to FBCCI, stating, “We will take stringent action against them in collaboration with the government.”

Helaly stated that FBCCI is closely monitoring the market to ensure stability during Ramadan, emphasizing the federation’s role in this regard as a representative of the private sector.

He remarked, “Our efforts will continue in coordination with various government agencies. However, consumers also need to adjust their purchasing habits. Market activities for a month should be more balanced than those on any single day.”

Directors of FBCCI and members of the Bazaar Monitoring Committee were also in attendance at the meeting.

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Economy

US Stresses Collaboration with Bangladesh on Key Issues: Blinken

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Blinken

US Secretary of State Antony Blinken extends congratulations to the people of Bangladesh on their Independence Day, March 26.

Blinken, on behalf of the United States, sends warm wishes to all Bangladeshis on this significant occasion.

In a statement, Blinken expresses the United States’ eagerness to bolster the partnership and people-to-people connections between the two nations in the coming year.

“The United States takes pride in collaborating with Bangladesh on various critical issues of today, including combating climate change, promoting economic development, addressing the Rohingya refugee crisis, supporting global peacekeeping efforts, and tackling global health challenges,” he remarks.

Highlighting the partnership’s role in ensuring a free, open, secure, and prosperous Indo-Pacific region, Blinken emphasizes its significance.

“As Bangladesh marks another year of independence, we reiterate our dedication to strengthening democratic governance and safeguarding human rights – endeavors crucial for Bangladesh’s continued prosperity,” he affirms.

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China-Bangladesh Friendship Strengthened, Notes President Xi Jinping

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Xi Jinping

Chinese President Xi Jinping has emphasized the robust and deep-rooted political trust between Bangladesh and China, along with their productive collaboration across various sectors, yielding tangible benefits for both nations.

Xi Jinping highlighted Bangladesh’s steadfast commitment to independence over the past 53 years, its efforts in economic development, and improvements in livelihoods, laying a strong foundation for the realization of the “Sonar Bangla” dream.

In celebration of Independence Day, Xi Jinping conveyed his congratulations to Bangladesh President Mohammed Shahabuddin through a letter.

He underscored the longstanding friendship between China and Bangladesh as traditional neighboring nations, noting its continual strengthening.

Xi Jinping expressed his keen interest in advancing the China-Bangladesh relationship and pledged cooperation with President Mohammed Shahabuddin to further enhance high-quality Belt and Road Cooperation and deepen the Strategic Partnership of Cooperation between the two countries.

Simultaneously, Chinese Premier of the State Council Li Qiang and Member of the Political Bureau of the CPC Central Committee and Foreign Minister Wang Yi extended separate congratulatory messages to Prime Minister Sheikh Hasina and Foreign Minister Hasan Mahmud respectively.

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