Dhaka, Bangladesh (BBN)– The country’s apex trade body on Saturday hailed Prime Minister Sheikh Hasina and her government for the landmark victory at the International Tribunal for the Law of the Sea (ITLOS) over maritime boundary dispute with Myanmar.
“With the verdict, the 38-year-old dispute with Myanmar over maritime boundary came to an end. The FBCCI president and its governing body greet the Prime Minister and her government for the landmark victory,” the Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) said in a statement.
“We believe, proper exploration of oil, gas and mineral resources, and huge fish resources through a long-term planning will help bring about desired socioeconomic development in the country,” it noted.
On Wednesday, Bangladesh won the landmark verdict at the International Tribunal for the Law of the Sea, which sustained its claim to 200-nautical-mile exclusive economic and territorial rights in the Bay of Bengal rejecting the claims of Myanmar.
BBN/SSR/AD-17Mar12-10:20 am (BST)
