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Bangladesh in talks with UAE on seaport operations, direct shipping line: Foreign Minister

By Binsal Abdulkader

ABU DHABI, 13th February, 2022 (WAM) — Bangladesh is keen to establish a direct shipping line with the UAE, which will reduce the existing navigation time by two thirds and pave the way for exponential growth in bilateral trade, a top Bangladeshi diplomat told the Emirates News Agency (WAM).

AK Abdul Momen, Foreign Minister of Bangladesh, who is on a four-day official visit to the UAE, added that Bangladesh is keen to utilise the UAE’s expertise in port management for the operation of major seaports in the country.

In an exclusive interview with WAM at the Bangladeshi Embassy in Abu Dhabi, Momen said, "We always look for better connectivity in South Asia and with other parts of the world because connectivity means productivity."

Two-third less navigation time

He pointed out that ship traffic between Bangladesh and the UAE is currently routed through ports in Singapore and Ceylon, Sri Lanka, which takes around 40 to 42 days. A direct shipping line will help reduce it by two thirds to around 14 days, resulting in a leap in bilateral trade volumes.

The bilateral trade between two countries in 2021 stood at US$1.8 billion, he revealed, saying that a direct shipping line would help multiply it several times.

The balance of trade was in favour of the UAE as the exports from the UAE to Bangladesh were to the tune of US$1.3 billion and imports from the UAE to Bangladesh were worth US$500 million, the minister explained.

As Bangladesh has started exporting its excess production of foods, especially rice and vegetables, the UAE, as an export destination through the direct shipping line, would benefit both countries, Momen said.

Operation of Bangladeshi seaports

The UAE has achieved a lot of technological progress and we can learn from it, the top diplomat pointed out.

"The UAE is very good in the management of ports. We have plenty of ports and long coastline. The UAE can share their expertise and experience with us. We are working on that," Momen said.

Bangladesh has three large seaports in Chittagong, Payra and Mongla, and many other small ports. Bangladeshi government is open to deals with UAE-based companies, who have global reputation in professional port management, to operate those ports, he added.

"Talks are going on in this regard between both countries based on a Memorandum of Understanding (MoU)."

Prime minister’s upcoming visit

Bangladesh and the UAE had signed four MoUs during Bangladesh’s Prime Minister Sheikh Hasina’s visit to the UAE in February 2019 on establishing a port, industrial park, supply and setting up a liquefied natural gas (LNG), terminal, power plants and a special economic zone in Bangladesh

The Bangladeshi Foreign Minister revealed that the prime minister is likely to visit the UAE next month.

Bangladesh is also keen to share the experience of its pharmaceutical industry with the UAE. "We have two major sources – water and human resources. Emiratis are good at business. They are welcome to invest in Bangladesh and utilise our resources."

700,000 Bangladeshis in UAE

An estimated 700,000 Bangladeshis in the UAE are actively contributing to the development of both countries through their dedication and hard work in almost all sectors in the country, he said. "I am here to tell them that we value their contribution."

Bangladeshis are the third largest expatriate community in the UAE after Indians and Pakistanis.

Condemning Houthi terrorist attacks, international cooperation

The foreign minister strongly condemned the recent terrorist attacks by Houthi militia on civilian facilities in the UAE. "This is really sad, and we condemn these attacks. All issues can be resolved through dialogue and discussion. This [action] should be stopped immediately."

Bangladesh and the UAE are working together in many international forums for regional and global peace and prosperity.

The Indian Ocean Rim Association (IORA), an inter-governmental organisation of 23 member states and 10 dialogue partners in Indian Ocean region, is one of the platforms where the two countries work closely. The UAE was IORA chair in 2020 and Bangladesh assumed that role in 2021.

"So, I think in this area we can discuss a lot. Global climate action is another crucial area of cooperation."

Hopes on UAE’s climate leadership

As the UAE is hosting the 28th session of the Conference of the Parties (COP 28) to the United Nations Framework Convention on Climate Change (UNFCCC) in Abu Dhabi in 2023, Bangladesh pins high hopes on the conference.

"UAE is taking is a leadership role in this area," he said.

As the chair of Climate Vulnerable Forum, a platform convening more than 50 climate vulnerable nations across the globe, "we expect some real tangible outcome in this area because we must save this planet for our future generation."

Bangladesh is seeking the UAE’s cooperation to increase the share of renewables in its energy mix as well, which will help reduce carbon emissions, the top Bangladeshi diplomat added.

WAM/ Ibrahim Shukralla

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Emirates

Dubai Police warns against Leaving Children Unattended in Vehicles

36 children have been rescued since January 2022

 The Dubai Police General Command has issued an advisory to parents and motorists on the deadly consequences of leaving children unattended inside vehicles, especially during hot weather, when temperatures can reach 70°C in parked vehicles.

The Land Rescue Teams at the General Department of Transport and Rescue confirmed that since the beginning of the current year (2022), 36 children had been rescued from locked vehicles which had posed a severe threat to their lives.

The Dubai Police urged parents and children guardians never to leave children alone unattended inside cars either by mistake or to run errands, even for a short period, noting that failing to protect and ensure children’s safety is punishable by the Federal Law No. 3 of 2016 on Child Rights.

Butti Al Falasi, Director of the Security Awareness Department at Dubai Police, confirmed that Dubai Police works tirelessly to analyze and tackle all safety and security-related issues all year round.

“We’ve spotted, on several occasions, parental negligence that thoughtlessly leaves children unattended inside cars either by mistake or to run errands unaware of the grave danger,” he added.

“Moreover, we urge parents and guardians not to leave their vehicles easily accessible and unlocked for children, so they do not climb into and lock themselves inside,” he continued.

It is worth noting that leaving children unattended inside vehicles could lead to suffocation, loss of consciousness and even death because of extreme heat and lack of oxygen.

 

 

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Emirates

Do you know the man in the picture?

Dubai Police are seeking the public’s assistance in identifying the man in the picture.

The man, who was found dead in the jurisdiction area of Al Raffa Police Station, had no identification documents on him, and no one has reported him missing yet.

The body is currently at the General Department of Forensic Science and Criminology to determine the cause of death.

Any information to help identify the deceased can be forwarded to the Dubai Police Call Centre (04)901.

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Emirates

Mohammed bin Rashid: UAE’s non-oil foreign trade rises to more than AED one trillion in the first half of 2022

UAE- Abu Dhabi – 22 August 2022- His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai affirmed that the UAE’s non-oil trade achieved a breakthrough during the first half of 2022, as it exceeded AED one trillion, recording a growth rate of 17% over the last half of the year 2021.

His Highness said: “For the first time, the UAE Non-oil foreign trade exceeds AED one trillion in just half a year.. We reached one trillion and 53 billion dirhams, recording an increase of 17% over the previous half year.

 

 Our economic growth is progressive, our trade environment and infrastructure are the best and our economic approach is stable, fair and open to everyone… The growth of our economy will continue its strong pace in the coming year.”

 

The UAE’s non-oil foreign trade recorded a new achievement in the first half of this year, amounting to one trillion and 53 billion dirhams, for the first time in its history. This number reflects a growth rate of 17% compared to the first half of 2021, and an increase of 25% and 35% compared to the same period in the years of 2020 and 2019 respectively.

These numbers reaffirm the success of the UAE’s strategic directions and visions in accelerating a full recovery after the overcome of the negative repercussions of the spread of the Covid-19 pandemic on international trade.

H.E. Abdulla Bin Touq Al Marri, the UAE Minister of Economy, said that UAE is working nonstop to enhance its regional and global leadership and its position at the heart of the global trade networks by adopting commercial and economic openness and strengthening its infrastructure and legislative framework.

Bin Touq added that this outcome marks the beginning of an unprecedented phase of economic development in the history of the country, and it is the result of the integrated efforts and initiatives announced by the UAE government as part of the “Projects of the 50.”

 

 

 

 

H.E. Dr. Thani bin Ahmed Al Zeyoudi, Minister of State for Foreign Trade, said: “The unprecedented performance demonstrated by the non-oil foreign trade can be attributed to the forward-looking vision of the wise leadership, which aims to expand the UAE’s trade with the world and position it as a major contributor to the doubling of the national economy by 2030.”

H.E. also explained that this achievement came as a result of the forward-looking plans and various initiatives undertaken by the UAE to develop and diversify its exports had a significant impact in achieving this record growth in trade performance in just six months.

During the first half of 2022, the UAE’s non-oil exports, achieved about AED 180 billion for the first time in its history. Recording a growth rate of 8% compared to the same period in 2021, an increase of 53% compared to the first half of 2020, 50 % compared to the same period in 2019, and a growth rate of 69% with the same period of 2018. It nearly doubled compared to what it had recorded during the same period in 2017.

In terms of re-export, the UAE recorded unprecedented achievement during the first half of 2022. It approached the barrier of AED 300 billion for the first time in its history. The results showed a high growth rates compared to previous years, as they increased by 20%, 51%, 16% and 23% compared to same periods in 2021 2020, 2019, and 2018, respectively.

Also, the UAE’s imports increased by approaching the barrier of AED 580 billion during the first half of 2022, for the first time in its history as well. It recorded a growth of 19% compared to the same period in 2021, 49% compared to the same period of 2020, 24% compared to the first half of 2019, and 25% compared to the same period in 2018.

On the other hand, the contribution of imports from the UAE’s non-oil trade, has decreased to 55%, while the share of non-oil exports became 17%. In addition, the share of re-exports reached 28%.

These results reveal that national exports have achieved great growth and remarkable activity, which increased its contribution to the country’s non-oil trade.

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