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Blue economy for sustainable development stressed

  • Diplomatic Correspondent
  • 22 July, 2022 12:00 AM
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State Minister for Planning Shamsul Alam emphasised the contribution of the blue economy to Bangladesh’s future sustainable development endeavors. 

 Addressing a hybrid seminar on "Blue Economy and Maritime Security: Bangladesh Perspective" organised by the Bangladesh Institute of International and Strategic Studies (BIISS) on Thursday, he also underscored two specific issues for the sustainable development and proper utilisation of the blue economy, resource exploration and resource exploitation.

  Shamsul Alam highlighted the importance of knowledge mobilisation and conducting research on the subject matter and proposed to establish a separate ministry for blue economy or a separate division under the Ministry of Science and Technology.

 Rear Admiral (Retd.) Md. Khurshed Alam, Secretary of Maritime Affairs Unit at the Ministry of Foreign Affairs, attended the seminar as special guest. Ambassador Kazi Imtiaz Hossain, Chairman of BIISS, presided over the inaugural session while BIISS Director General Major General Mohammad Maksudur Rahman delivered the welcome remarks.

 In his speech, Major General Mohammad Maksudur Rahman placed importance on creating a blue economy belt to utilise the huge untapped resources of the vast area of the sea.

Ambassador Kazi Imtiaz Hossain stressed ensuring maritime security and harnessing the potential of the blue economy.  Khurshed Alam highlighted the potential of marine resources in the country’s economy along with some of the challenges.

 In the working session, Prof Abul Kalam Azad of Jahangirnagar University, made a presentation on “Blue Economy and Ocean Governance: Bangladesh Perspective”. Prof Delwar Hossain of Dhaka University  presented a paper on “Maritime Security and Strategy in the Bay of Bengal”. 

Moutusi Islam, Research Fellow of BIISS, made a presentation on “Nexus between Maritime Security and Blue Economy: Implications for Bangladesh in Post-Covid Era”. Another presentation titled “Bangladesh’s Economic Prospect in the Bay of Bengal” was made by Mahfuz Kabir, Research Director of BIISS.    The working session was chaired by Ambassador M. Humayun Kabir, President of Bangladesh Enterprise Institute (BEI).

There was an open discussion session in the seminar. The session was attended by senior officials from different ministries, ambassadors and high commissioners, senior civil and military officials, media, academia, think tanks, business personalities, students and teachers from different universities.  

The speakers highlighted the importance of the blue economy and marine resources to the country’s economy and future development endeavors. They also discussed different issues of maritime security in the context of Bangladesh.