Bangladesh needs preparation for sustainability in LDC graduation: Need to focus in...

Bangladesh needs preparation for sustainability in LDC graduation: Need to focus in Inequalities

Dhaka, 17 Feb 2018: In a national seminar on “LDC Graduation and Sustainable Development Approach
Bangladesh Perspective” held at CIRDAP auditorium Dhaka, civil societies recommended government to take preparation sustainable graduating from LDCs (Least Development Countries). They also urged to adopt appropriate measures in tackling the current inequality in this regard.

The seminar is organized by EquityBD and LDC Watch jointly and participated by, Rd. Quiz Khaliquzzaman Ahmed, Chairman PKSF as the Chair of the seminar, Dr. Shamsul Alam, Senior Secretary of GED and member of planning commission as special guest, Md. Anwar Hossain, Additional Secretary of ERD and Md. Hafizur Rahman, Deputy Secretary and Director of WTO Cell were in the panel of speakers. Mr. Gauri Pradhan of Nepal, the International Coordinator of LDC Watch was also present in the seminar. Rezaul Karim Chowdhury, the Chief Moderator of EquityBD has moderated the seminar while Syed Aminul Hoque presented the keynote paper.

In the keynote paper presented by the Deputy Director of COAST Trust, Syed Aminul Hoque raised the official recommendations of EquityBD and LDC Watch for Bangladesh including (1) Increase domestic resource mobilization through stopping of tax dodging and illicit financial outflow that would support the government to increase her own investment capacity. (2) Expedite pro-poor budgetary allocation for health and education to develop skilled human asset to face the challenges of LDC graduation. (3) Focus climate resilient critical infrastructure to save coastal people and asset. (4) Effective governance to improve development effectiveness.

In his speech Dr. Quazi Khaliquzzaman Ahmed said, the most important issue of this graduation is the dignity of our nation. We deserve this status and it is not anyone’s kindness for us. We have achieved this based on our hard work and performance. We might lose some facilities and advantages that LDCs enjoy in the world’s economic activities. But, we need to look ahead as we can do better by ourselves. Dr. Shamsul Alam, the Senior Secretary of Bangladesh Government said, Quality Education could be the key focus to face the upcoming challenge for Bangladesh while graduating the LDC status as the current way of Education is not meeting the need of Development challenges. We really are not looking for ODA anymore as an LDC when Bangladesh is expecting to be an investing country after this graduation.

Md. Hafizur Rahman, Director of the WTO cell under the Ministry of Commerce said, as a LDC we are not fully enjoying the Special and Differential Preference neither from the Developed Countries like USA, Russia etc. nor from some Developing Countries like India and China. We are looking forward to the greater opportunities as a middle income country.

Rezaul Karim Chowdhury, the Chief Moderator of EquityBD said, biggest challenge toward the sustainability in LDC graduation are climate disaster and inequalities, we need to develop climate resilient infrastructure.
Mr. Anwar Hossain, Additional Secretary of External Resource Division of Bangladesh Government said, while we will be graduating we might loss some LDC facilities but there are opportunities for us too, we have to develop our competitiveness through quality education.
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