Thursday, May 23, 2019 | ePaper

BD eyes energy sector coop with Brunei

  • Print
UNB, Bandar Seri Begawan :
Bangladesh and Brunei have agreed to explore the possibility of comprehensive collaboration in the energy sector amid the growing demand for energy in Bangladesh to support the rapid economic growth.
Prime Minister Sheikh Hasina and Brunei's Sultan Haji Hassanal Bolkiah also agreed to encourage the relevant agencies from both sides to continue discussions to identify specific areas and modalities of cooperation in this sector, according to a joint statement issued on Tuesday.
The 20-point joint statement was issued as the Prime Minister wrapped her three-day visit to Southeast Asian country exploring ways to strengthen their cooperation to elevate the relationship to a newer height.
The two countries are looking for comprehensive collaboration in the energy sector via a Government-to-Government (G2G) arrangement, including liquefied natural gas (LNG) supply to Bangladesh as well as the participation of both public and private sectors; covering areas such as investments and trade in petro-chemicals, offshore oil and gas exploration, technical collaboration, and capacity building.
The two countries agreed to further deepen cooperation in the regional and international fora, including the United Nations; the Organisation of Islamic Cooperation (OIC); the Commonwealth and the Asean Regional Forum on issues of common interests and concerns, including extremism, terrorism, environmental protection; and sustainable development.
Both sides agreed to work together to promote a rules-based framework, peace, stability, and prosperity of the region and the world.
The two leaders recognised the potentials for investments and will encourage the promotion of reciprocal investments between the two countries in their mutual interest, particularly in sectors such as food processing, energy, ICT, shipbuilding, manufacturing, tourism infrastructure, blue economy and the jute industry.
Brunei Darussalam acknowledged Bangladesh's humanitarian assistance and repatriation initiatives for 1.1 million people displaced from the Rakhine State, temporarily sheltered in Bangladesh.
It commended Bangladesh humanitarian gesture and generous assistance as well as the efforts towards their safe, dignified, voluntary, and sustainable repatriation.
Bangladesh appreciated the continued invaluable support and contribution of Brunei, including financial assistance and provision of critical medical and health assistance, to the field hospital in Cox's Bazar.
Brunei Darussalam acknowledged the success of Bangladesh in the food and agricultural sector and welcomed collaboration with Bangladesh in agriculture, aquaculture, fisheries, and livestock sectors.
Both countries will explore potential bilateral trade in agricultural and food products and collaboration in farming and agro-processing taking into account respective national development priorities.
The two leaders will actively consider the possibility of a preferential trade arrangement under appropriate mechanism and to conduct a joint feasibility study to this effect.
Brunei Darussalam expressed interest to explore participation in the global halal food market by taking advantage of the special economic zones of Bangladesh and the proven expertise of Brunei in halal food industry.
Both sides will, subject to mutual agreement and capacity requirement, further strengthen cooperation in the health sector such as training and recruitment of healthcare professionals, manufacturing and trade in pharmaceuticals, as well as collaboration in specialised healthcare services.

More News For this Category

BB asks banks to follow HC directive

Staff Reporter :The central bank has asked all the commercial banks not to implement its latest policy on loan rescheduling, citing a court order in this regard.The Banking Regulation

Six killed after election riots erupt in Jakarta

Six killed after election riots erupt in Jakarta

AFP  :At least six people were killed as Indonesia's capital erupted in violence on Wednesday when police clashed with protesters opposed to the re-election of President Joko Widodo.Dozens were

Second Gumti, Meghna bridges to be opened May 25

UNB, Cumilla :The second Gumti and Meghna bridges will be opened to traffic to mitigate the suffering of commuters.Prime Minister Sheikh Hasina is scheduled to inaugurate them through video

Number of tigers in Sundarbans rises to 114

bdnews24.com :The number of Royal Bengal tigers in the Sundarbans, the world's largest mangrove forest, has increased marginally, with around 114 found in the Bangladeshi part in 2018, says

UN to honour 12 BD peacekeepers

UNB, Dhaka :Twelve fallen peacekeepers from Bangladesh will be honoured by the United Nations on Friday when it will observe the International Day of UN Peacekeepers.Secretary-General Antonio Guterres will

8 more killed in road crashes

Staff Reporter  :At least eight persons were killed and 20 others seriously injured in separate road crashes across the country on Wednesday.In Narsingdi, at least two people were killed

Nigerian bandits kill at least 20

AFP, Kano, Nigeria :Bandit gunmen have killed at least 20 people in separate attacks in northwestern Nigeria, police said Wednesday, the latest violence in the restive region of Katsina.Armed

4,14,784 families to get 40 kg rice monthly

UNB, Dhaka :The government will provide 40 kilograms of rice monthly to each of 4,14,784 fishermen's families in 42 upazilas of 12 coastal districts during a 65-day ban (from

Algeria's army chief says he has no pol ambitions

Algeria's army chief says he has no pol ambitions

Reuters, Algiers :Algeria's army chief of staff said on Wednesday he had no political ambitions in response to democracy activists who say that he intends to copy the authoritarian

Canada announces $100m for those hit by Rohingya crisis

UNB, Dhaka :Canada on Wednesday announced around $100 million in humanitarian and development initiatives to help those seriously affected by Rohingya crisis in Bangladesh.This includes $32.15 million in humanitarian