Investment, trade, manpower export to feature PM's talks with G-20 leaders in India
PM Hasina will meet heads of government of India, Argentina, Canada, Korea, UAE, and Saudi Arabia.
Prime Minister Sheikh Hasina will engage in bilateral talks with the heads of government of several countries including India, Argentina, Canada, Korea, the United Arab Emirates, and Saudi Arabia on the sidelines of the upcoming G-20 Summit in India slated for 9-10 September where she will lay emphasis on enhancing economic relations with these nations.
The talks will encompass a wide range of issues, including investment, export, manpower export, food, fuel, fertiliser, tourism and culture, women-led development, and technological transformation, according to sources within the foreign ministry and the Economic Relations Division (ERD).
The G-20 Summit will be held with the participation of the world's top 20 countries where Prime Minister Sheikh Hasina will attend at the special invitation from India.
Foreign ministry sources told The Business Standard that Premier Sheikh Hasina will meet her Indian counterpart Narendra Modi on 8 September.
The meeting is likely to cover various issues, including the contentious matter of equitable water distribution of common rivers such as the Teesta, payment of fuel oil prices in Indian currency, setting quotas on the import of food products from India, and easing terms and conditions for financing projects under the Indian Lines of Credit (LoCs), the said.
ACWA Power Company from Saudi Arabia has announced an investment of $430 million in the construction of a 300MW solar power plant in Rampal, Bagerhat – the largest solar power project in Bangladesh. Additionally, several other Saudi companies over the past 6-7 years have expressed interest in investing over $30 billion in Bangladesh. However, these investments remain unconfirmed due to various complications.
Given this scenario, the issue of investment will be a key point of discussion during the prime minister's meeting with Saudi Arabian representatives at the G-20 summit. Foreign ministry officials who are well-versed in the matter also mentioned that the meeting will encompass topics such as manpower exports to Saudi Arabia, fuel oil procurement, and the facilitation of Hajj management.
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