BD is open to global, regional economic initiatives: Momen

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Staff Reporter :
Foreign Minister Dr A K Abdul Momen on Thursday said Bangladesh is open to any global and regional initiative which is economic in nature and helps economic development.
“There is enough evidence that increased intra-regional trade in our region can help sustain our individual country’s growth and support eradication of poverty … we need to have fair competition but not geo-strategic or political rivals,” he said while concluding three-day ‘Dhaka Global Dialogue’ at Hotel InterContinental in the city.
In today’s globalized world, Momen said, no single country can prosper alone. “What we need is to work closely – by drawing on each other’s strength, capabilities and endowments,” he observed.
“We must guard against the tendency to look at this region in respect of trade or security issues only,” he said, adding “We often look just in terms of the capacity of a few large economies or their needs.”
He suggested for addressing key concerns of smaller communities or relatively weaker economies also for making the world sustainable.
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