Bangladesh launches symposium on economic diplomacy in Turkey

The Bangladesh embassy in Turkey has launched the three-day ‘First Economic Diplomacy Symposium’ at the Bijoy 71 Auditorium of the chancery complex. Earlier, Bangladesh ambassador Mosud Mannan inaugurated a photography exhibition on Bangladesh’s development activities, highlighting the mega projects at the Bijoy 71 Foyer. During the inauguration, D-8 secretary general ambassador Isiaka Abdulqadir Imam and members of the Bangladesh community were present. At the beginning of the symposium, minister and deputy chief of mission Shahnaz Gazi welcomed the guests. Ambassador Mosud Mannan gave his welcome speech and expressed his gratitude to the dignitaries for their participation. ‘Economic diplomacy is functional at four levels – bilateral, regional, multilateral and cultural. Bilateral economic diplomacy plays a major role in economic relations. It includes bilateral trade and treaty, agreements on investment, employment or avoidance of double taxation, and a range of formal and informal economic issues between two countries,’ he said. ‘Bilateral free trade agreements have been the order of the day, being implemented by many countries around the world. The main task of economic diplomacy is to achieve optimum benefits, from the viewpoint of serving national interests, focusing on a country’s economic potential and geo-economic position. To ensure maximum outcomes cultural diplomacy can be applied to attract foreign countries and their people to the products of Bangladesh,’ he said. Isiaka Abdulqadir and president of OSTIM Orhan Aydin delivered their addresses welcoming this new initiative of the Bangladesh embassy followed by the keynote speaker Güven Sak, managing director of TEPAV.

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