�Bangladesh needs to start vigorous economic development�
UNB
Observing that Bangladesh is on the right track in its development drive, South Korea has said Bangladesh needs to grow its size of the development pie further to enter an advanced society maintaining social stability, reports UNB. First of all, youll have to make the size of your pie bigger. In order to do that social stability is the most important thing. In a very stable society, you can achieve everything, Korean Ambassador in Dhaka AHN Seong-doo told the news agency in an interview.
Grow the pie is an expression used in macroeconomics to refer to the assertion that growing the economy of a nation as a whole creates more availability of wealth and work opportunities than does redistribution of wealth.
The diplomat, who earlier served as the Ambassador to Afghanistan and consul-general to Dubai, said Bangladesh needs to start its economic development very vigorously before it becomes too late.
I see the bright future in your society. Your population is very healthy and young. That is an advantage and asset for you. You need to invest more in youths to enter an advanced society. We are with you in this journey with support, Seong-doo said in his first interview to media after his arrival.
On current political situation, the Korean envoy said each and every country has its own unique and peculiar culture and since independence Bangladesh has gone through some kind of political turmoil. Thereve been ups and downs. But, I think, the overall Bangladesh is on the right track.
Appreciating Prime Minister Sheikh Hasinas leadership role, Seong-doo said the Bangladesh Prime Minister is guiding Bangladesh on a right track and she brought so many achievements for the country in terms of economic development and social stabilization.
On recently held municipal polls, the Korean envoy said it was a very successful and peaceful one except some claims about irregularities.
Responding to a question, the diplomat said the current security threats it is not a unique one in Bangladesh rather it is common in all over the world.
The envoy said his government will continue to cooperate with Bangladesh government and its people for the further development of Bangladesh society.
Citing Korea-Bangladeshs very successful story in the readymade garment industry, the Korean diplomat said the Information and Communications Technology (ICT) will be a crucial factor for economic growth and development in Bangladesh. On Bangladeshs development targets, the Korean Ambassador confidently said Bangladesh will achieve its 2021 goal of becoming a middle-income country well ahead of the target.
