EIB, CICA greet Sheikh Hasina on re-election


FE Team | Published: January 20, 2024 22:34:00


EIB, CICA greet Sheikh Hasina on re-election


European Investment Bank (EIB) and Conference on Interaction and Confidence Building Measures in Asia (CICA) have congratulated Sheikh Hasina on her re-election as Prime Minister of Bangladesh, reports UNB.
"On behalf of the European Investment Bank, and on my own behalf, I extend congratulations to you on your election for a fifth term as Prime Minister of Bangladesh," EIB President Nadia Calvino said in a letter to Bangladesh Prime Minister.
The EIB President said that the Bank is looking forward to continuing its support to the longstanding EU-Bangladesh relations as they move into the implementation phase of the renewable energy operation and explore opportunities to deepen our existing cooperation in sectors such as railways and water and sanitation.
"It has been a privilege to accompany, with investments amounting to EUR 1 billion, the rapid progress that your country has made in the economic and social sectors over the past several years and to see our ties continually strengthening."
In this connection, she mentioned that the recent signature in Brussels of a EUR 350 million EIB framework loan for green energy generation, complemented by an European EUR 45 million grant, is a fitting example of a growing partnership based on shared climate action objectives.
In another letter, CICA Secretary General Kairat Sarybay said that Bangladesh has been an active member of CICA, continuously supporting the CICA process and contributing to confidence building measures for the benefit of all CICA countries.
He expressed his gratefulness for the latest decision of Bangladesh government to sign and ratify the 2010 Convention on the Privileges and Immunities of the Secretariat, which is remarkable and timely achievement amidst the ongoing transformation of CICA into a full-fledged international organisation.

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