S-S Cooperation: Coordination real problem, says Muhith

Noting that the South-South cooperation has advanced a great deal in the planning process, Finance Minister AMA Muhith has said the development partners can contribute richly in overcoming the real problem of coordination among the concerned countries to have a successful South-South cooperation. “The real problem of South-South cooperation is of course coordination… I believe that the development partners can contribute richly in this regard. I think that’s where we should look forward for further cooperation and effective management,” the Finance Minister said while addressing the inaugural session of the National Consultation Workshop on Effective South-South Triangular Cooperation and Knowledge Sharing on Sunday. Held at the NEC conference room in city’s Sher-e-Bangla Nagar it was addressed among others by State Minister for Finance MA Mannan and UNDP country director Pauline Tamesis. Muhith observed that necessary political will for advancement of the development policy is essential as without it none could move anywhere. He said: “The South-South cooperation today is an accepted phenomenon as there is no hesitation from the part of the development partners to this end.” The South-South cooperation, he said, has advanced a great deal in the planning process in working out plans for any particular sector while the multilateral banks have contributed quite substantially in triangular cooperation. Underscoring the need for forging partnership, he said it is now universally accepted that to achieve successes nationwide, there is a need to involve every parties including private sector and civil society, according to UNB.