The European Union (EU) has started preparing its next development cooperation program for the period of 2014-2020.
The EU and the Economic Relations Division (ERD) organized an inter-ministerial consultation in Dhaka to discuss further the proposed intervention on Monday.
To align with the development priorities of the government of Bangladesh, the EU has selected three strategic areas from Vision 2021, the Sixth Five-Year Plan and relevant national strategies.
The future program will support democratic government and human rights, food security and nutrition, and education and skill development programs.
It aims to contribute to Bangladesh's inclusive growth, poverty reduction and resilience focusing on the poorest and most vulnerable portion of the population, while at the same time promoting people's potentials, particularly that of women.
“I’m delighted that we’re going to focus our future cooperation with Bangladesh on a few key areas which can make a difference to the lives of people, especially the poorest,” said Ambassador William Hanna, the Head of the European Union Delegation to Bangladesh.
The EU Delegation is also consulting with civil society, international organizations, private sector, Parliament and EU Member States to refine its proposed interventions.
Before the end of 2013, the EU will design a Multi-annual Indicative Program (MIP) for 2014-2020. In 2014, the programs' identification and preparation will start.