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Bangladesh: Needs a separate ministry to unlock full potentials of blue economy October 04,2021   |  Source: Dhaka Tribune

Bangladesh should urgently create a new ministry to lead and oversee coordinated efforts in unlocking the full potentials of the blue economy ranging from the sustainable development of marine fisheries to sea and coastal tourism, experts working on this field said. They suggested the formation of a separate ministry on blue economy noting that the existing Blue Economy Cell under the Energy and Mineral Resources Division has failed to make any breakthrough to exploit the potentials in the Bay of Bengal. In interviews with UNB over the past week, the experts observed that the government has taken various measures aimed at exploiting the vast marine resources since settling the maritime boundary disputes with neighbouring India and Myanmar nearly a decade ago.

But these have mostly been related to fishing, establishing disciplines in different universities, marine institutes and academies and formulating different laws in this field, according to experts from different universities. There is still no adequate allocation for research, no attention to developing the value chain and market of seaweed, no visible initiative to assess the stocks of non-living marine resources including mineral resources, they said. Dr Md Kawser Ahmed, Professor of Oceanography Department in Dhaka

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