Renewing MoU: Friedrich-Ebert-Stiftung strengthening cooperation with Bangladesh

The Friedrich-Ebert-Stiftung, Federal Republic of Germany concluded a cooperation agreement with the Ministry of Foreign Affairs, the People’s Republic of Bangladesh. Mr. Masud Bin Momen, Senior Secretary of the Foreign Ministry, and Mr. Martin Schulz, President of Friedrich-Ebert-Stiftung, signed the Memorandum of Understanding on cooperative engagements in an exchange of letters.

The Friedrich-Ebert-Stiftung is the first German political foundation that entered into an agreement of this kind with the Ministry of Foreign Affairs of Bangladesh in 2016.

Several development activities especially on small and medium enterprises (SMEs) and discourse mapping through transformative change making, and the Economy of Tomorrow were implemented successfully in the last five years under the previous MoU.

In a spirit of mutual trust and confidence, both parties agreed to renew the MoU and expand the areas of cooperation for another five years based on these successes.

The broad areas of engagement for mutual collaboration and discourse will include economic aspects, geo-economics and development of SMEs which are significant for Bangladesh’s long-term growth and development; advancement of regional and sub-regional trade relations and cooperation within and beyond South Asia; and aspects relating to reaching the Sustainable Development Goals in Bangladesh.

A handover event was held on Tuesday, 18 January 2022 at the meeting room of MOFA, where Mr. Faiyaz Murshid Kazi DG (West Europe & EU) and Mr. Felix Kolbitz, Resident Representative, Friedrich-Ebert-Stiftung, Bangladesh were present.