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Eminent lawyer Dr. Kamal Hossain attended the Dinner Reception at Rajendrapur as the Guest of Honour

Biological Resources in Asia
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sharing with local and indigenous communities. The issues of partnership and consent were also highlighted. The participants particularly stressed the need for sustainable use and management of biological resources through fair and equitable terms and conditions for which a set of guidelines should be developed with support from relevant international and intergovernmental organisations.

Reaping the WTO-TRIPs Benefits
Local and international experts recommend a biodiversity strategy

A comprehensive national strategy and systematic documentation of traditional knowledge about bio-diversity will enable Bangladesh to utilise the potential benefits originating from the WTO Ministerial Declaration on Trade Related Aspects of Intellectual


Property Rights (TRIPs). To this end, a national body on TRIPs should be formed and the country's patent system should be modernized.
Experts put forward these views at an international dialogue on Trade, Biological Resources and Intellectual Property Rights organised by CPD in collaboration with ICTSD, QUNO and BELA. The dialogue was held at the CIRDAP Auditorium, Dhaka on April 18, 2002.
Presided over by CPD Chairman Professor Rehman Sobhan the dialogue was attended, among others, by Mr. M. Morshed Khan MP, the Foreign Minister of Bangladesh, as the Chief Guest and Ambassadors Eduardo Perez Motta and Dr. Toufiq Ali, Permanent Representatives of Mexico and Bangladesh respectively, in Geneva as the Special Guests. CPD Executive Director Dr. Debapriya Bhattacharya, Mr. Mahfuz Ullah of Centre for Sustainable Development, Ms. Rizwana Hasan of BELA also took part in the discussion.


Particapants of the Dialogue on TRIPs : (From left) Permanent Representative of Bangladesh in Geneva Ambassador Dr. Toufiq Ali, Chairman of WTO-TRIPs Council Ambassador Eduardo Perez Motta, Foreign Minister Mr. M. Morshed Khan MP, CPD Chairman Professor Rehman Sobhan and ICTSD Executive Director Mr. Ricardo Melendez Ortiz

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Budget Sets Ambitious Targets,
but a Road Map is Missing
CPD ED briefs the Press

In a post-budget press briefing, the CPD Executive Director Dr. Debapriya Bhattacharya observed that the proposed budget for fiscal year 2002-03 sets high targets but does not contain a package of transparent and time-bound reform measures to achieve those targets.
Dr. Bhattacharya noted that though the Finance Minister mentioned about a mid-term (three-year) framework in his budget speech, no mid-term targets were set. Dr. Bhattacharya maintained that whilst the Finance Minister modestly succeeded in bringing fiscal balance, issues related to acceleration of investment have remained more or less unaddressed. "If the crisis arising out of depressed investment and savings rate is not properly addressed, the country is not likely to come out of the recession and subsequently, fiscal balance and balance of payment situation will further deteriorate" - he added.
Referring to the provision of making black money white through investment, Dr. Bhattacharya said, "It is very unethical, counter-productive and against equality which has not boosted investment elsewhere."
Dr. Bhattacharya felt that increase of import duty on some goods like computer, powder milk, sugar and cement clinker would also create a negative reaction among the people.

CPD Quarterly
April-June 2002