Unity vital for SAARC prosperity - Bangladeshi Chief Advisor
Speech by Dr. Fakhruddin Ahmed, Chief Adviser of Bangladesh at the
Inaugural Session of the Fifteenth SAARC Summit on Saturday.
SAARC has crossed significant milestones in forging closer
cooperation among our nations. This Summit has rekindled the hope and
belief among our peoples regarding the delivery of progress and
prosperity that we had collectively promised ourselves some 23 years
ago.
We must not let ourselves down. Let this Summit be the turning point
in our endeavours for a more prosperous, peaceful and progressive South
Asia.
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Chief Adviser of Bangladesh Dr. Fakhruddin Ahmed |
Poverty Alleviation has been an over arching goal for SAARC.
Ironically South Asia is home to almost half of the world’s poor. Global
economic slowdown, soaring oil and food prices and growing threats of
climate change are driving the destitute people of the region even
further below the poverty line. We must redouble our efforts to attain
the SAARC Development Goals within the targeted timeline.
I believe national action on poverty alleviation should be
complemented by effective and robust regional initiatives to have a
penetrative impact on poverty reduction in South Asia. Ensuring
self-sufficiency in cereal production and attaining food security would
require greater attention to agricultural productivity and should be the
critical element in poverty reduction strategy.
Our goal in SAARC is to create new opportunities and to promote
linkages for attaining better standards of living for our people. The
steady GDP growth seen in all of our countries has led to increase in
the purchasing power of our population creating a vast middle class.
The Agreement on South Asian Free Trade Area (SAFTA) was conceived as
an instrument for enhancing regional trade leading to greater economic
integration.
We are happy to welcome Afghanistan into SAFTA which will formally
take place with the signing of the Protocol of Accession of Afghanistan
to SAFTA. This will complete full integration of Afghanistan into SAARC
process.
Despite SAFTA, non -tariff and para - tariff barriers, complicated
and cumbersome customs procedures stand in the way of greater
intra-regional trade. Similarly, long sensitive list closed to
preferential tariff and rigidities in other structural and policy
framework stand in the way of our desire to have a fully integrated
South Asia. Clearly there is a need to remove these hurdles to enhance
intra-regional trade.
Similarly, intra-regional investment flows are very small in South
Asia. Given right kind of environment and confidence, the potential for
increased intra-regional investment is huge. I feel that restrictive
investment regime is one of the inhibiting factors in attracting foreign
direct investment.
In this context, it is important that the Draft Agreement on
Promotion and Protection of Investments is finalised at the earliest.
The services sector has emerged as most dynamic with an average
annual growth rate of over eight percent. The thirteenth SAARC Summit in
Dhaka recognised the potential of this sector and had directed for early
finalisation of an agreement in this area.
I am happy to note that negotiation is about to commence on a
Framework Agreement on Trade in Services. This should pave the way for
the trade liberalisation. That will be a “win-win” situation for all of
us.
A number of inter-governmental mechanisms have been put in place to
move forward the agenda of deepening economic cooperation in the region.
However, the pace of trade liberalisation has been less than
satisfactory.
To move the process forward, it may be useful to set-up a
consultative mechanism, which could identify the bottlenecks and
recommend practical and effective ways to move the process of trade
Iiberalisation towards Customs Union, and finally to Economic Union in a
gradual and phased manner.
We are pleased that Charter of the SAARC Development Fund is to be
signed at this Summit. The Fund will be an important instrument at our
disposal to implement regional projects that would accord visible,
tangible and concrete benefits to the member states.
Similarly, the establishment of South Asian Regional Standards
Organization (SARSO) would be an important step towards trade
facilitation and greater economic integration in the region.
It is heartening that we are also about to sign the Agreement
establishing SARSO during this Summit. Over the years, SAARC has evolved
in many ways. The purpose and success of this regional mechanism largely
depend on remaining actively engaged on contemporary issues.
Security dimension in the region and beyond has thus taken a centre
stage in our deliberations. Organized crimes like smuggling, drug and
illegal arms trafficking are matters of great concern for us. The deadly
fangs of terrorism are spreading across the region. They threaten to
disrupt peace and stability.
We must combat the menace of terrorism across the broadest possible
spectrum. I would like to reiterate that Bangladesh stands firm in her
resolve to deal with these issues , forcefully and effectively. Let me
announce unequivocally that Bangladesh is against terrorism in all its
forms and manifestations. Terrorists have perpetrated brutal acts in
every part of the world.
We condemn the heinous terrorist attacks in Afghanistan, India and
Pakistan in recent times which caused unnecessary loss of valuable
lives.
Bangladesh, as a signatory to international conventions against
terrorism, both globally and regionally, is in the process of enacting
and modifying relevant domestic laws for their effective implementation
at the national level. I am pleased to note the SAARC Convention on
Mutual Assistance in Criminal Matters has been finalized and ready for
signature at this Summit.
I believe this legal instrument would be an important tool at our
disposal for effective and meaningful cooperation in our fight against
all serious and organized crimes. The recent price hike of food globally
creating a situation close to food crisis has led us all to reflect
deeply on how to ensure our collective food security.
This requires our immediate attention to ensure constant and steady
supply of food for our people. We need to develop strategies, not only
to address short-term supply-side shocks but also to strengthen
cooperation to increase agricultural productivity. This is a must to
prevent hunger and malnutrition - one of the key priorities of the
Millennium Development Goals.
I would stress upon early ratification and operationalization of SMRC
Food Bank to address this situation. Following the path of high growth
in the region, we are witnessing tremendous rise in demand for energy.
It hardly needs any reiteration that energy plays a vital role in the
economic, social and human development, including in poverty
alleviation.
We must therefore explore all avenues including bilateral,
sub-regional and regional cooperation for addressing the supply
side-constraints of energy in the region, including capacity building,
technology transfer and infrastructure development.
The ongoing cooperation in this sector must be intensified. In the
wake of sky-rocketing price of fossil fuel, we must harness renewable
sources of energy such as hydro-power, solar, bio-fuel and wind to
address the energy crisis in the region. We should strive to develop
conventional as well as alternate sources of energy to ensure its steady
supply at affordable cost.
At the same time, we also need to accord greater emphasis on energy
conservation and energy efficiency. Achieving energy security is a must
if we are to realise our development potentials.
At the core of our efforts is the vision of people’s SMRC. People are
at the centre of our collective efforts. It is through connecting hearts
and minds of South Asians can we hope to build the bridges of trust and
confidence that would lead us to a better future.
The First SAARC Youth Camp in Dhaka last December was a successful
effort in bringing young people from across the region more closer, and
affording them a unique opportunity to forge bonds of lasting friendship
and amity.
Greater interactions among members of civil society, students,
teachers, intelligentsia and journalists would create greater standing
and sense of togetherness in the region.
At the 14th Summit, we had decided to establish the South Asian
University in New Delhi. I am told the work on the Main Campus of the
University is progressing well. Bangladesh is considering establishment
of Dhaka Campus of the South Asian University soon.
Tourism is an effective mean to develop greater “people to people
contact”. It is important that concerted efforts are taken to implement
the comprehensive Plan of Action adopted by the SAARC Tourism Ministers
at Cox’s Bazaar in 2006.
The SAARC Agenda for Culture launched last year is an important step
in persevering and protecting the South Asian cultural heritage and
buttressing cultural linkages of the region.
We must pursue the Agenda whole-heartedly. I believe, these are some
of the important elements that will contribute to greater connectivity
in the region. Climate change has become a major cause of concern for
us.
South Asia is acutely vulnerable to global warming and climate
change. The melting of Himalayan glaciers, rising sea level, drought and
desertification, increasing salinity in our rivers are most visible
manifestations of the changing climate.
In South Asia, global warming is rendering natural disasters frequent
and more intense, causing greater damages and devastation to lives and
livelihood.
I am happy that South Asia is responding to the call of the hour.
Last month, Environment Ministers from eight SAARC countries met at
Dhaka and adopted an Action Plan on Climate Change. This is the first
step in the right direction. It would be important that the Action Plan
is implemented and followed through to address climate change issue in
the region.
We have a long way to go. We must bear in mind that it is our
collective responsibility to save our planet for the present and
futurity.
At the Council of Minister’s Meeting on 31 July 2008, Bangladesh
suggested a methodology for structured contacts between our Armed
Forces. Already at bilateral levels such links exist.
Together we provide a huge majority of the world’s peacekeepers. I
believe it may be worthwhile to devise such a system that can
periodically bring the senior officers of our military forces together
to determine how best we can advance our mutual interests. We may also
share training facilities under this scheme.
Another point that I wish to raise is with regard to the vast number
of workers that SAARC region provides to other parts of the world. We
should collaborate to strengthen our capacity to negotiate better terms
and conditions of work for them to promote their welfare and to protect
their rights.
In this interdependent world, we can only prosper if we act in
unison. It is incumbent upon us who have gathered here today to clearly
chart out the road map for SAARC for the greater prosperity and welfare
of the peoples of South Asia.
Our vision is to promote this through accelerated economic growth and
social progress across the region. I believe there is a clear political
will and commitment to realise this goal.
Bangladesh remains deeply committed to making this happen. We shall
continue to play our part and take every possible initiative in building
the future of our ‘South Asian home’ as a harmonious abode of peace,
progress and prosperity for all our peoples. |