DIPLOMATIC CORRESPONDENT

Foreign Minister AK Abdul Momen has proposed that developing countries like Brazil, Bangladesh and other like-minded southern countries can form an organisation to better manage the supply chain and information sharing, and ensure shared economic development.

He floated the idea when the new Brazilian Ambassador to Bangladesh Paulo Fernando Dias Feres called on the minister at the foreign ministry yesterday.

Momen said at present, developing countries do not have any effective international forum for greater cooperation. But such an arrangement is essential, given the changing global scenario, especially after the pandemic and Russia-Ukraine war, which severely disrupted the global supply chain.

Ambassador Feres expressed his country’s keen interest to work with Bangladesh closely on the issues of mutual benefit.