Update April 21, 2018

Dhaka 1-37 am, 06-August, 2020

PM suggests making CW high-level group more representative

Mirajul Moin Joy

21 April 2018, Nirapad news: Seeking inclusion of representative from Asia in the High Level Group to review the Commonwealth Secretariat’s Governance, Prime Minister Sheikh Hasina yesterday suggested making the Group more representative with inclusion of member states of different regions.

“We value the knowledge and expertise of the Secretariat for furthering work of the Commonwealth. However, we believe that views of the member states through appropriate representation, is equally important,” she said.

With that in view, she said, the Group should be more representative with inclusion of member states of different regions of Commonwealth.

Sheikh Hasina said this while sharing her thoughts on various mutual and global issues with Commonwealth leaders at CHOGM retreat at Windsor Castle here yesterday.

Extension of High Level Group, Financing and Governance of the Commonwealth Secretariat and other important issues of global context were discussed during the day-long retreat, PM’s press secretary Ihsanul Karim said.

British Prime Minister Theresa May chaired the retreat session while Commonwealth Heads of Government were present.

Sheikh Hasina said there should be a mechanism for wider consultation with member states through open ended discussions with the Board of Governors.

Group may focus particularly on different financing mechanisms and options including innovative financing, she said adding that “this is important at a time when CFTC fund is shrinking and other flows of funding are drying up.”

Sheikh Hasina said International partnership arrangements may be explored for low-interest investment credit in financing development programmes from multilateral banks under sovereign guarantee. Private sector partnership and programme co-financing could be another option, she added.

She recalled the words of Father of the Nation Bangabandhu Sheikh Mujibur Rahman said in 1972, “Let us not fritter away our national resources but use them to lift the standard of living of our people.”

Sheikh Hasina welcomed the draft Declaration on Connectivity saying we are happy to see the issue of connectivity finding its place in Commonwealth.

The Prime Minister said we want to cooperate with all concerned for creating an area of peace in South Asia where we could live side by side as good neighbours and pursue constructive policies for the benefit of our peoples. “We approach connectivity in a wider context. We believe in connecting ideas, knowledge, technology, culture, people, road-rail-air, movement of goods, services and investment,” she said.

Trade, investment and connectivity are keys for a more prosperous future, she said adding that trade connectivity through a rules-based, transparent, inclusive and fair multilateral trade regime is crucial.

Sheikh Hasina said Bangladesh, within its neighbourhood, has been working for the implementation of Bangladesh-Bhutan-India-Nepal (BBIN) sub regional connectivity project.

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