State Minister for Power, Energy and Mineral Resources Nasrul Hamid has said that Bangladesh is going to become a member of International Energy Charter (IEC) soon.
He said, "I hope that Bangladesh will become a member of the Energy Charter soon as we have completed all works to this end."
The minister said this while Energy Charter General Secretary Dr Urban Rusnak was paying a courtesy call on him at the inaugural function of the eighth conference of International Renewable Energy in Abu Dhabi.
Nasrul said there are more opportunities to invest in energy sector in Bangladesh and the investment in the sector is surely profitable, reports BSS.
Bangladesh will get many benefits, including investment, roadmap for business, energy savings and green funds from the Energy Charter if the country becomes a member of the organisation, the report said.
The IEC is a declaration of political intention aiming at strengthening energy cooperation among the signatory states which does not bear any legally binding obligation or financial commitment.
