Govt to boost trade benefits thru deals with other countries: Tipu

Govt to boost trade benefits thru deals with other countries: Tipu

Commerce minister Tipu Munshi. — File photo. Commerce minister Tipu Munshi on Thursday said that the government was trying to increase benefits by signing agreements, like free trade agreement or preferential trade agreement, with various countries to move ahead in competitive trade after least-developed country graduation. ‘Bangladesh signed the first PTA with Bhutan, which came […]

Restoring nature could depend on how countries help farmers

Restoring nature could depend on how countries help farmers

DOMESTIC POLITICS One of the attractions of subsidy reform for governments is that it involves repurposing existing funds rather than having to come up with new money at a time when budgets are stretched. But these subsidies are complex, consisting of various tools such as payments based on agricultural production, minimum price guarantees for goods, […]

Envoy: US doesn’t force countries to choose sides over China

US Ambassador in Dhaka Peter Haas on Monday said Washington does not force countries to choose sides over relations with Beijing as “we don’t expect every country to have the same exact assessment of China as we do”. “Let me be clear. This is not about forcing countries to choose. It’s about giving them a […]

COP27: Rich to Fund Climate Loss/Damage for Poorer Countries

COP27 demonstration

SHARM el-SHEIKH, Egypt, November 20, 2022 (ENS) – The UN Climate Change Conference COP27 closed today in Egypt with a breakthrough agreement to provide “loss and damage” funding for vulnerable countries hit hard by climate disasters. Creating a specific fund for loss and damage marked an important point of progress, with the issue added to […]

EU agrees to loss and damage fund to help poor countries recover climate disasters

EU agrees to loss and damage fund to help poor countries recover climate disasters

A breakthrough looked possible in the deadlocked global climate talks on Friday as the European Union made a dramatic intervention to agree to key developing world demands on financial help for poor countries. In the early hours of Friday at the Cop27 UN climate summit in Egypt, the European Commission vice-president, Frans Timmermans, launched a […]

COP27: Rich countries couldn’t agree yet on loss, damage funding for vulnerable nations

Countries attending this year’s Climate Change Conference of the Parties (COP27) are yet to decide on some important issues, including financing for vulnerable countries under the “Loss and Damage” program. Talking to UNB, Ziaul Haque, a representative of Bangladesh at the conference, said that the developed countries have set 2024 for finalizing a structure of […]

U.S. Feed the Future program expands in 8 African countries

Graphic listing Feed the Future program's eight new target countries in Africa (State Dept./M. Gregory. Photos: USAID; Karin Bridger/USAID)

Mboga na Matunda agronomist Zakaria Mwaisaka (right) trains local government extension officer Salome Ulimboka on plant fertilization methods in Tanzania. The country is one of eight African nations included in a Feed the Future initiative. (© Likati Thomas/Feed the Future Tanzania Mboga na Matunda) Justine Konde wanted to remove pests from her small farm in […]

COP27: No decision yet on compensation for climate vulnerable countries

COP27: No decision yet on compensation for climate vulnerable countries

No decision has been made yet over getting compensation for climate vulnerable countries, said Environment, Forest and Climate Change Minister Shahab Uddin. “No decision has been made yet regarding the compensation to the vulnerable countries including Bangladesh, though Bangladesh and other countries are still hopeful that a decision about financial assistance from the developing countries […]

Climate change a threat to millions, vulnerable countries must be taken into account: FM

Climate change a threat to millions, vulnerable countries must be taken into account: FM

Foreign Minister Dr AK Abdul Momen has said climate change drives migration and displacement. “The global community must recall that the Paris Agreement acknowledged that climate change is a threat to millions of people, and vulnerable countries must be taken into account,” he said. While strong global action is needed to meet the Paris Agreement’s […]