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Bangladesh recently discussed the possibility of cooperating with Australia to explore offshore gas and renewable energy sources as a part of the country’s effort to ensure energy security and address the challenges of climate change.
The two countries also exchanged views on the Indo-Pacific considering the growing interest in the region while reaffirming the importance of freedom of navigation for the shared prosperity and security of all within the area.
Bangladesh Foreign Minister AK Abdul Momen and his Australian counterpart Marise Payne shared this conviction at a bilateral meeting held on the sidelines of the Munich Security Conference-2022 in Munich, Germany on Sunday, the foreign ministry said in a statement.
They said both countries have the scope to further enhance and diversify their trade and economic cooperation, especially with the signing of the Trade and Investment Framework Arrangement last year.
In 2019-20, Bangladesh and Australia’s bilateral trade volume was worth more than $2.6 billion, which is set to grow in the coming days.
During the meeting, Momen urged Payne to jointly explore ways to increase the volume and content of bilateral trade.
The two ministers discussed the possibility of organising a visit by a business delegation, focusing on pharmaceutical exports from Bangladesh.
The Australian foreign minister expressed interest in exporting wool for Bangladesh’s apparel industry, the second-largest in the world.
Momen requested Australia to provide skills training to increase job creation in Bangladesh’s renewable energy sector.
He then reiterated his suggestion to introduce direct flights between the two countries, particularly for the convenience of Bangladesh expatriates living in Australia.
Momen urged Australia to continue working on finding durable solutions to the Rohingya humanitarian crisis.
Payne assured Momen of her country’s abiding commitment to this end.
(TDS)
