City Desk :
The visiting Australian foreign minister Penny Wong on Tuesday said Canberra will provide additional financial support to Bangladesh in its graduate from the Least Developed Country (LDC) status to the middle-income country.
“We will provide additional economic assistance to support your (Bangladesh) economic reforms to support you graduation from least developing country status,” she told reporters after a bilateral meeting with foreign minister Dr Hasan Mahmud at the stare guest house Padma, reports BSS.
Her government, she said, would provide additional funding to AUS Trade and it would deliver deeper economic engagement.
“We will provide additional funds to help Bangladesh align its labor laws with requirements and aspirations that graduation,” she said.
The Australian foreign minister said Canberra will also provide additional funding to technical education training colleges of Bangladesh.
“We are very keen to deepen our cooperation, strengthen our cooperation with the Bangladesh government in this are particularly between our coast-guards,” she said.
The Australian foreign minister said her country is keen to work with Bangladesh and other friendly countries to ensure a peaceful, stable and prosperous indo-pacific region.
“We share a region, we share an ocean and we share future and we are determined to do all that we can to work with you and other partners to ensure the region that is peaceful, stable and prosperous,” she said.
The Australian foreign minister said the region has shared challenges and it cannot be dealt with by a single country. “It requires partnership and collaboration,” she added.