German Official Due Tomorrow

Talks to focus on economy

Diplomatic Correspondent
Development of economic and political framework conditions will dominate talks with government leaders and high officials during a three-day visit by German Federal Foreign Office State Secretary Martin Johannes Biesel beginning tomorrow. Biesel, one of the three state secretaries of Germany, accompanied by an eight-member business delegation, will hold talks with Commerce Minister Faruk Khan and Foreign Secretary Mijarul Quayes. He will also meet other government representatives and take part in discussions with business leaders in Bangladesh. According to a press release of the German embassy in Dhaka, the visit is taking place following Foreign Minister Dipu Moni's visit to Germany early September. “The visit will provide an opportunity to deepen bilateral cooperation as it comes amid signs of growing interest of German business in Bangladesh as a trade and investment partner,” the press release said. Talks will focus on the development of economic and political framework conditions, it added. As per the programme schedule, Biesel will deliver a speech on the bilateral economic and political relations at a luncheon of the Bangladesh German Chamber of Commerce and Industry tomorrow at the Westin Hotel in the city. Board of Investment Chairman Dr Syed A Samad is expected to deliver a speech on the occasion. On November 26, Biesel will attend a ceremony in Chittagong marking the delivery of two container ships built by Western Marine Shipyard of Bangladesh to Grona Shipping GmbH of Germany. He will witness the signing of a memorandum of understanding (MoU) between the Geothe Institute and a new partner school, Mastermind International School in Chittagong, under the German PASCH-programme. He will also visit organisations of German development cooperation. Since 1972, Germany has provided more than Euro 4.4 billion as direct bilateral assistance and indirect multilateral contributions to support Bangladesh in eliminating poverty, protecting human rights and achieving economic success. Germany is Bangladesh's second largest market for export. Trade with Germany provides Bangladesh with an annual trade surplus of more than Euro 1.9 billion. In 2009, the bilateral trade volume reached Euro 2.3 billion, increasing by more than 15%. Germany is an open market with free access for Bangladesh goods without any import tariffs.