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Wednesday, May 21, 2014, Jyaistha 7, 1421, Rajab 21, 1435 Hijri


Dhaka to utilise CICA membership to promote trade
Special Correspondent
Publish Date : 2014-05-21,  Publish Time : 00:00,  View Count : 215
Aspirant Bangladesh on Tuesday received the coveted "full membership" of an exclusive Asian forum that is committed to enhancing cooperation for peace, security and stability in the region.
Foreign Ministry officials said Bangladesh will try to promote trade and investment relations with the Conference on Interaction and Confidence Building Measures in Asia (CICA) member states.
Foreign ministry sources said all 25 members had
"unanimously" decided to accept Bangladesh as a "full member" of the CICA and that would be formalised on the eve of the fourth CICA summit in Shanghai. Bangladesh was an observer of the forum since 2010. Foreign Minister Abul Hassan Mahmood Ali signed an accession document in Shanghai, China and became member of the CICA.
The CICA conference was inaugurated by China's President Xi Jinping on Tuesday and was participated by member-states of the CICA, a multi-national forum for enhancing cooperation towards promoting peace, security and stability in Asia. The fourth CICA summit held in Sanghai has drawn 11 heads of state, one head of government and 10 chiefs of international organisations.
The dignitaries include Russian President Vladimir Putin, Iranian President Hassan Rouhani, Kazakhstan President Nursultan Nazarbayev and United Nations Secretary-General Ban Ki-moon. The foreign ministry earlier said it considers the membership "strategically important" for Bangladesh.
It said, being one of the largest political entities in Asia, the forum had the potential "to create impact upon the politics of this continent." CICA can also facilitate trade expansion among the member states, particularly with Central Asian countries. As understood, CICA pursues multilateral cooperation on the issues of peace, security and stability in Asia. CICA can also facilitate trade expansion among the member states, particularly with Central Asian countries, sources said.
The forum is based on the belief that there is close link between peace, security and stability in Asia and in the rest of the world, the official added.




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