Bangladesh, Portugal to collaborate on climate action, blue economy

Bangladesh and Portugal have agreed on increasing cooperation in the areas of renewable energy, green transition, and a blue economy. The verbal agreement was made when on a visit to Portugal, Bangladesh State Minister for Foreign Affairs, Md Shahriar Alam, paid a courtesy call to Portuguese Minister of Economy and Sea, Antonio Costa Silva, on Thursday (26 May), said a press release on Friday. In an extensive conversation, State Minister Shahriar Alam briefed the Portuguese minister on Bangladesh's recent, rapid advancement in economic and social development. Antonio Costa Silva acknowledged Bangladesh's dynamic development in recent years and attributed this success to the existing political stability under the leadership of Prime Minister Sheikh Hasina. Recognising that there remains considerable potential for cooperation between the two countries, he reiterated that Portugal stands ready to expand collaboration in diverse areas spanning renewable energy, green transition, marine technology, ocean economy, and more. State Minister Shahriar Alam agreed to advance cooperation in these areas and sought Portugal's support for regional hydropower. Antonio Costa acknowledged that both Bangladesh and Portugal are coastal countries and face common existential threats from climate change and rising sea levels, which makes it necessary to foster further climate cooperation. In response, Shahriar Alam apprised him of Bangladesh's leading role in the Indian Ocean Rim Association and the International Seabed Authority and agreed to take the Bangladesh-Portugal partnership forward in this regard. He also called for greater knowledge sharing and partnership in the areas of oceanography and maritime affairs.

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