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EU Parliamentary Team Meets Professor Yunus

A delegation from the European Parliament paid a courtesy visit to Nobel Peace Laureate Professor Muhammad Yunus at the latter's office at Yunus Centre yesterday. Ms. Jean Lambert, Chair of the South Asia Delegation of EU, Thomas Mann, Vice Chair of the South Asia Delegation, H.E. Mr. William Hanna, Ambassador and Head of the EU delegation and other EU Parliament Officials and EU Delegation Officials attended the meeting where they spoke about social business and microcredit in alleviating social problems.

During the meeting, H.E. Jean Lambert extended her gratitude to Professor Yunus for his assistance to the financial reforms through microcredit and social business and indicated EU's intention of closely cooperating with Professor Yunus through EU's technologies and funds. Professor Yunus also expressed strong expectations for EU's support in expanding social business by involving the youth in solving social ills. Professor Yunus elaborated the activities of Yunus Centre to the EU delegation, which is the hub of all social businesses, including microcredit, healthcare and environment.

Both sides exchanged views about the inclusion of social businesses in the development sector and discussed the initiative launched by the EU Commissioner Micheal Barnier, in consultation with Professor Yunus, for passing a law in the EU Parliament for introducing social business as an important component of EU's social policies and actions last year. They also inquired about the status of Grameen Bank and updates on other Grameen companies.