President Abdul Hamid in the region of Monday said formulation of effective maritime policies at national, sub-regional and regional levels is important for greater than before economic loan of the Indian Ocean region.
He plus emphasised the showing off for a united initiative to overcome the adverse impact of climate fine-say and dealing later than the natural disasters.
"Formulation and functioning implementation of 'blue economy' is a demand of the period for economic capably-instinctive of the region, which can be achieved by efficient use of sea resources," he told the opening ceremony of the 5th biennial assembly of the Indian Ocean Naval Symposium (IONS) 2016 in Dhaka.
"I sanction that we would be fresh to formulate required policies pertaining to all important issues using IONS as a dialogue platform," the president said.
Officials from 33 countries including the chiefs of navies from 13 countries are attending the three-daylight symposium.
The Indian Ocean Naval Symposium (IONS) is a voluntary initiative that seeks to lump maritime co-operation along amid navies of the littoral states of the Indian Ocean Region by providing an retrieve and inclusive forum for exposure of regionally relevant maritime issues.
While the geographical borders divide the countries, president Hamid said goodwill across the ocean can merge the nations.
"IONS is not by yourself a ray of perspective for the Indian Ocean Region but then a forum of massive importance for the Asia-Pacific and the bearing in mind-door to oceans, he said.
The Indian Ocean carries big prospect and potentials both from geo-strategic and geo-economic reduction of view to assist maritime trade and commerce, economic prosperity and use maltreat and exploration of the ocean resources, he said.
"Proper running of this vast region and its successful utilisation is not attainable by single nation alone. In this regard, we shall have to function together as a single entity consequently that all potential could be utilised for the greater benefit of the mankind, " the president unconventional.
He said Bangladesh has set a glaring example to the world by amicably resolving its long-standing maritime boundary disputes considering both its neighbours -- India and Myanmar.
Outgoing chairman of IONS and chief of Australian navy Vice-Admiral Tim Barrett and toting going on chairman of IONS and chief of naval staff of Bangladesh Navy Vice-Admiral M Farid Habib with spoke.
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