Germany pledges to give €285.3m for dev in Bangladesh

Germany has pledged to give €285.3 million for development in Bangladesh, reaching the overall amount to €3 billion since 1972.

The European country also announced €29 million assistance for Rohingya and host communities.

Bangladesh and Germany have completed their development cooperation negotiations 2018 in the capital with the new commitments, according to the German Embassy in Dhaka.

Md Khalilur Rahman Khan, Additional Secretary, Europe Wing of Economic Relations Division under the Ministry of Finance, led the delegation of Bangladesh.

Dr Wolfram Klein, Head of South Asia Division in the German Federal Ministry for Economic Cooperation and Development, led the delegation of the Federal Republic of Germany, reports UNB.

Peter Fahrenholtz, Ambassador of Germany to Bangladesh, and Mahmuda Begum, Secretary-in-Charge, Economic Relations Division (ERD) also spoke at the meeting.

The bilateral negotiations on development cooperation took place in a friendly atmosphere of constructive cooperation, said the Embassy on Thursday.

The two delegations had an open and fruitful exchange of views on ongoing projects and programmes in the field of Financial and Technical Cooperation (FC and TC) as well as on future development cooperation.

As a result of the negotiations, commitments for the following sectors of Bangladesh-German mutual Cooperation were made - renewable energy and energy efficiency, rule of law and good governance, adaptation to climate change in urban areas.

In addition, support to the management of the Sundarbans Mangrove Forests was agreed.