ZCZC
BSS-39
BANGLADESH-UN-CFC
Bangladesh new Head of UN-CFC
DHAKA, Dec 9, 2019 (BSS) – Bangladesh secured the post of Managing
Director of the UN Common Fund for Commodities (CFC) on winning the election
among 6 candidates, held at the 31st CFC Governing Council meeting in
Amsterdam on Wednesday.
Bangladesh Ambassador to the Netherlands Sheikh Mohammed Belal,
therefore, became the next managing director of the Common Fund for
Commodities (CFC), an autonomous intergovernmental financial institution
established within the framework of the United Nations, for the next four
years.
The CFC is mandated to enhance the socio-economic development of
commodity producers and contribute to the development of society as a whole
through projects financed from its own resources.
Presently, 101 states including Bangladesh, the Netherlands, the UK,
Russia, China, Germany, Italy, Brazil, Argentina, India, Pakistan, Saudi
Arabia, the UAE, Egypt, Indonesia, Malaysia and 9 organizations including the
European Union and African Union are the members of CFC, and it is now
headquartered in Amsterdam, the Netherlands.
In the past, Bangladesh received funding support from the CFC for the
projects in dairy, bamboo, tea, jute, fishery, sugarcane, meat, rubber-wood,
medicinal plants, herbs, kenaf and other sectors.
For the next four years, Ambassador Belal will serve as managing
director of the CFC, based in Amsterdam, the Netherlands after completing his
tenure as Bangladesh ambassador to the Netherlands, Croatia and Bosnia and
Herzegovina.
BSS/pr/MKD/BZC/1936HRS