War in Ukraine, sanctions have disrupted supply chains and sparked inflation: Prime Minister of Bangladesh


Bangladeshi Prime Minister Sheikh Hasina joined forces on Friday against the use of economic sanctions because she said they did no good for any nation.

Hasina blamed the Russian-Ukrainian war and subsequent economic sanctions and counter-sanctions for disrupting supply chains that led to exorbitant price hikes for fuel, food and consumer goods.

“It has put an economy like ours under enormous pressure. Inflation has increased. (And) we are taking various initiatives to overcome this situation,” Hasina told the 77th session of the United Nations General Assembly in New York.

She said Bangladesh believed that “antagonism like war or economic sanctions, counter-sanctions can never bring any good to any nation”.

“Mutual dialogue is the best way to resolve crises and disputes,” she added.

Russia launched a war on Ukraine in February, forcing millions of Ukrainians from their homes, leaving thousands dead and injured while property and infrastructure worth billions was destroyed. It has also affected energy supplies, as massive sanctions aimed at punishing Moscow for the war have restricted the flow of oil and gas supplies from Russia to the world.

On the most persecuted community in the world, the Bangladeshi Prime Minister says the prolonged presence of the Rohingya in the South Asian nation “has caused serious ramifications on the economy, environment, security and socio-political stability in Bangladesh. “.

“Despite our bilateral engagements with Myanmar, our discussions with our partners in the trilateral format, and our engagements with the UN and other partners, not a single Rohingya has been repatriated to their ancestral homes in Myanmar,” he said. she declared.

Bangladesh is home to more than a million Rohingyas who were forced out of their native Burma after government forces inflicted inhumane treatment on the mostly Muslim community.

Hasina said political unrest and armed conflict in Myanmar, a Buddhist-majority nation in the southeast, “has made the repatriation of displaced Rohingya even more difficult”.

Urging the UN to play an “effective role in the repatriation of Rohingyas, Hasina said: “Uncertainty over repatriation has led to widespread frustration.”

“Organized cross-border crime, including human and drug trafficking, is on the rise,” she said. “This situation has the potential to fuel radicalization. If the problem persists, it could affect the security and stability of the entire region, and beyond.

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