Bangladesh calls for cooperation among southern nations | The Daily Star
12:00 AM, April 18, 2014 / LAST MODIFIED: 01:53 AM, March 08, 2015

Bangladesh calls for cooperation among southern nations

Bangladesh calls for cooperation among southern nations

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Bangladesh has made a strong call for better sharing of ideas and information on development successes among the developing nations at the first high level meeting of a global partnership that ended in Mexico on Wednesday.
Finance Minister AMA Muhith, who led the Bangladesh delegation, highlighted the benefits that South-South Cooperation can bring in the field of trade, investment, labour migration and knowledge sharing, according to a press release.
Governments, businesses, private foundations and civil societies came up with a joint communiqué and 28 new initiatives at the meeting to push forward effective development cooperation worldwide.
Muhith also made a strong case for domestic resource mobilisation for development.
Showcasing an example from Bangladesh, he said the tax/GDP ratio in Bangladesh went up from 10.5 percent in 2009 to 13.5 percent in 2014.
Earlier on Tuesday, the minister held a bilateral meeting with UNDP Administrator Helen Clark where they discussed the Bangladesh government's plan to establish an “International Institute on Southern Innovation” in Dhaka.
Cabinet Secretary M Musharraf Hossain Bhuiyan and Economic Relations Division Secretary Mohammad Mejbahuddin also spoke at the meet.

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