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Marine resources need to be explored methodically

Experts tell BUSS seminar

UNB, Dhaka
Experts at a seminar on marine resources management yesterday stressed exploring enormous marine resources professionally and methodically to help Bangladesh reach the newer stage of development.
They also advocated for conducting a detailed study to identify the resources to explore those perfectly.
The Bangladesh Institute of International and Strategic Studies (BUSS) arranged the seminar titled "Marine Resources Management of Bangladesh in the Context of Newly Demarcated Boundary" at its auditorium in the capital with Chairman, Board of Governors of BUSS, Munshi Faiz Ahmad in the chair.
State Minister for Foreign Affairs M Shahriar Alam at the seminar said the state assumes primary responsibility in
sustainable management of marine resources indeed, but the private sector would continue to play a key role in blue growth across range of sectors. "We believe safe and secure ocean which is a pre-requisite to economic development, and sustainable marine resource management is one of the key elements for that development, ” said Shahriar.
He observed that lack of skilled human resource, institutions and technology are key challenges for Bangladesh to effectively utilise the marine resources.
"Now we're in dearth of modern technology, finance and logistic to
further expand and enhance our common sectors like fisheries, tourism, maritime transport and ship building and ship recycling," he said.
Shahriar said the Bay of Bengal could determine Bangladesh's future development and economic growth through expansion of international trade, use of marine mineral resources for long term energy security, proper management of marine fish resources and protection of biodiversity and marine environment.
Metropolitan Chamber of Commerce and Industry President Syed Nasim Manzur said Bangladesh needs Foreign
Direct Investment (FDI) from countries like South Korea and Canada to help explore the marine resources properly. The government must continue investment in this sector, he added.
Director of Hydrography, Naval Headquarters Captain Mir Imadul Haque in his presentation said they need to look at all the sectors in a combined way instead of looking at individual issue. "Bangladesh needs serious preparations to explore the potentials," he added.
BUSS Director General AKM Abdur Rahman, Myanmar Ambassador in Dhaka Myo MyintThan also spoke.