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Bangladesh and United Arab Emirates (UAE) have signed four Memoranda of Understanding (MoUs) to boost cooperation between the two countries.

The four instruments that have been signed are: MoU on Cooperation in Higher Education and Scientific Research between Bangladesh and UAE, MoU for cooperation between Bangladesh Institute of International and Strategic Studies (BIISS) and the Emirates Center for Strategic Studies and Research (ECSSR), MoU for cooperation between the foreign services academies of the two countries, and MoU on cooperation between Federation of Bangladesh Chambers of Commerce and Industries (FBCCI) and Dubai International Chamber.

The instruments were signed following a bilateral meeting between Bangladesh Prime Minister Sheikh Hasina and UAE Vice President and Prime Minister Sheikh Mohammed bin Rashid Al Maktoum, who is also the ruler of Dubai, at Dubai Exhibition Centre on Tuesday (local time).

Foreign Minister Dr AK Abdul Momen briefed reporters after the meeting.

The signed MoUs were exchanged between the two sides in presence of the two leaders.

Bangladesh and UAE foreign ministers signed the MoU on Cooperation in Higher Education and Scientific Research on behalf of their respective sides, while foreign secretaries of the two countries inked the MoU for cooperation between the foreign services academies.

Besides, the directors general of BIISS and ECSSR signed an MoU and the FBCCI president and the Dubai chamber's chief penned the paper of the other MoU on behalf of their respective parts.

Sheikh Hasina on Monday arrived here on a five-day official visit to the gulf country at the invitation of UAE Vice President and Prime Minister Sheikh Mohammed bin Rashid Al Maktoum.

 

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The Federation of Bangladesh Chambers of Commerce & Industries (FBCCI) is going to set up a trade centre in Dubai to boost trade and investment with the United Arab Emirates (UAE).

A memorandum of understanding (MoU) was signed between the Bangladesh Business Council (BBC) of Dubai and the FBCCI in this regard on Friday in Dubai, said a press release on Saturday.

According to the agreement, BBC-Dubai will cooperate in setting up the FBCCI trade centre in Dubai. The FBCCI will undertake activities of coordinating and promoting trade and investment and commerce between Bangladesh and UAE.

The FBCCI trade centre will work to strengthen business relations with other countries by using Dubai as a hub. The centre will also provide various assistance to UAE businessmen interested in investing in Bangladesh, the release added.

President of FBCCI Md Jashim Uddin and Founder President of BBC-Dubai Mohamed Mahtabur Rahman signed the Memorandum of Understanding on behalf of their organisations.

BSEC Chairman Professor Shibli Rubayat-Ul-Islam was present as the chief guest at the signing ceremony.

Among others, FBCCI Senior Vice President Mostofa Azad Chowdhury Babu, Vice President Md Habib Ullah Dawn, Director MGR Nasir Majumder, Mohammed Bazlur Rahman and Md Nizam Uddin were present at the event.



 

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Highlights
  • The 84-tonne equipment reached Dhaka on Sunday noon
  • Russia used to send the power plant cargoes by sea
  • Maritime curbs forced Moscow switching to airways
  • If situation does not ease up, cargo planes might continue the hauling

Amid sanctions by the USA and its allies on Russia in response to invasion of Ukraine, Moscow for the first time has shifted heavy nuclear power plant equipment to Bangladesh's Rooppur by air.

A special cargo flight landed at Hazrat Shahjalal International Airport on Sunday noon to offload the 84-tonne cargo, which is, according to the tag the consignment, the "Embedded Components of Fasteners of Passive Core Flooding System Hydro-Accumulator" of the nuke plant.

To fit in with the changed circumstances following the West's sanctions and restrictions that include maritime restrictions too, Russia has chosen the airways to send necessary equipment to the project site, said sources at Rooppur Power plant and Dhaka Airport.

The equipment later will be mobilised to the project site in Pabna's Ishurdi by road, said the officials.

Rosatom, the State Nuclear Energy Corporation of Russia, used to ship required equipment of Bangladesh's maiden nuclear power plant by sea.

Officials at Rooppur Power Plant said all the heavy equipment of the two units of the project have already shipped to Bangladesh, including steam generators and reactor pressure vessels.

If the sanctions by the West continue deterring Russia from using shipment by sea, Moscow then will continue the supply by air, said the sources.

The Rooppur NPP is designed and constructed by Rosatom. The plant will consist of two Generation III+ VVER-1200 reactor power units with an expected life cycle of 60 years and a provision extension for another 20 years.



Robert-Sorin Negoita, mayor of Bucharest's 3rd district, Romania, has expressed keen interest to recruit skilled and unskilled workers from Bangladesh.

The mayor made the remark during a meeting with the Mayor of Dhaka South City Corporation Barrister Sheikh Fazle Noor Taposh at the DSCC mayor's office in Nagar Bhaban, Sunday (13 March).

Among others, Farid Ahmad, chief executive officer of the corporation; Air Commodore Sitwat Naeem, chief waste management officer; Saleh Ahmed, chief engineer; Deputy Director of Bucharest Police Victor Neagu, Bucharest City Manager Marius-Daniel Ciobica, and Romania Bangladesh Chamber of Commerce Mohammad Rafiqul Islam were also present in the meeting.

Mayor Robert Negoita said there is a need for cleaners in Bucharest, including skilled and unskilled workers, and expressed interest in meeting part of that demand from Bangladesh.

Mayor Taposh thanked him and assured him that Bangladesh will cooperate in the regard.

Earlier in the day, the Romanian official and his team paid homage to Bangabandhu Sheikh Mujibur Rahman's portrait at Dhanmondi 32. The curator of the Bangabandhu museum Nazrul Islam Khan as well as a few DSCC officials were present there.

Later, the mayor of Romania visited Bangabandhu's house and he wrote his remarks in the visitors' book in memory of Bangabandhu.

Robert Negoita arrived in Bangladesh on a five-day official visit Saturday (12 March) at the invitation of DSCC Mayor Taposh.

He is set to return to Bucharest on 17 March. Negoita is scheduled to take part in several programmes with Dhaka South during his stay.

He will also sign a Memorandum of Understanding (MoU) with his Dhaka counterpart relating to Romania being Dhaka's "sister city".

Meetings with government agencies and business organisations, including Ministry of Foreign Affairs, FBCCI, and DCCI, are also scheduled to take place.


Switzerland has invested over 1.3 billion US dollars (CHF 1.2 billion) in development assistance in Bangladesh, with significant additional contributions channelled through international financial institutions, said Swiss President Ignazio Cassis in a message on Sunday.

He sent the message on the occasion of the 50th anniversary of diplomatic relations between the Swiss Confederation and Bangladesh, reads an official press release.

Switzerland and Bangladesh celebrate 50 years of friendship on Sunday (13 March 2022) as the day marks the 50th anniversary of diplomatic relations between the two countries.

On this day five decades ago, Switzerland officially recognised Bangladesh as an independent state.

To commemorate this very significant milestone, the President of the Swiss Confederation Ignazio Cassis, extended his greetings to the President of the People's Republic of Bangladesh Md. Abdul Hamid, and Prime Minister Sheikh Hasina.

In his congratulatory message, the President of Switzerland Ignazio Cassis emphasised the longstanding collaboration between the two countries in many domains as well as the continuous broadening and deepening of bilateral ties.

Highlighting the 'stronger than ever partnership' between the two countries, Ignazio Cassis underlined key areas of future collaboration, including Covid-19 recovery, peace and prosperity, climate change, and sustainable development.

Over the last five decades, Switzerland has been a reliable development and economic partner of the people and the government of Bangladesh.

Switzerland's development cooperation focuses on innovative projects benefitting the most vulnerable, he said.

Bilateral trade has increased rapidly and today, traded goods amount to over CHF 1.0 billion ($1.1 billion) per year, the Swiss President said adding that most of the Swiss multinational companies are present in the country and provide critical products, technologies, and services in various key socio-economic sectors.

"Being a candidate for a non-permanent seat on the UN Security Council, Switzerland aims at further broadening its engagement with Bangladesh also in multilateral fora to tackle global peace and security challenges."


The Bangladesh Bank asked all the scheduled banks to be cautious about opening letters of credit (LC) and to stop transactions through the SWIFT system with the Russian banks that have been sanctioned over the Ukraine invasion.

On Saturday, the western countries suspended a number of Russian and Belarussian banks from the Society for Worldwide Interbank Financial Telecommunication or SWIFT system.

In this context, the BB asked all banks to become cautious about opening letters of credit (LC) with them as well, to avoid any risk of facing secondary sanctions.

Md Serajul Islam, executive director and spokesperson of BB, said last night that the central bank has already asked commercial banks to stop all type transactions through SWIFT with sanctioned Russian banks.

Russia requested BB to stop all kinds of transactions with Russia related to the Roopur Nuclear Power Plant Project, as well as other projects, till they have worked out and settled on an alternative arrangement.

He also said the two governments have reached a general understanding that no additional charge or fine would be incurred considering the situation, Serajul said.

The BB also asked banks to make payments to Russian banks that are not facing sanctions through Singapore and Hong Kong.

Of the $600 million imports from Russia, usually around three-fourths (three quarters) or $450 million is paid via Singapore and the remaining $150 million is paid directly or through Hong Kong, the BB spokesperson added.

"Though there is no direct disruption to trade with Bangladesh for the sanctions on Russia, concern is growing over maritime vessel transportation on different sea routes," he said.


The national flagbearer, Biman Bangladesh Airlines, will start operating flights to Toronto, Canada from 26 March.

The activities of the direct flight from Dhaka to Toronto are in its last stage, said Md Mahbub Ali, state minister of Civil Aviation and Tourism.

The state minister for aviation made the remarks at the award distribution ceremony of "Biman Half-Marathon Competition 2022" held at Hatirjheel amphitheatre in the capital on Friday (11 March) morning.

Secretary of the Ministry of Civil Aviation and Tourism Md Mokammel Hossain, Member of the Board of Aviation Barrister Tanjib Ul Alam and senior officials of Biman Bangladesh Airlines were present on the occasion, reads a press release.

State Minister for Aviation Mahbub Ali said, "We have come a long way in launching Dhaka to New York flights. Also, everything has been finalised about launching the flight from Dhaka to Narita, Japan. Activities have been halted due to the pandemic only."

 
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Saudi Arabia is interested in expanding its investment in Bangladesh, setting up a special economic zone along with investing in port management, energy production and infrastructure development. During the Bangladesh visit of the Saudi foreign minister, priority will be given to improving political relations and investment.

The Saudi foreign minister Faisal Bin Farhan Al Saud will arrive on 15 March on a two-day visit to Bangladesh at the invitation of foreign minister AK Abdul Momen. On 16 March the foreign ministers of the two countries will hold political talks for the first time.

Speaking to Prothom Alo, the Saudi ambassador in Dhaka Essa Yousef Essa Al Duhailan said that the matter of strengthening political relations will feature in the political discussion. Priority will also be given to which areas investment can be increased in Bangladesh in order to consolidate economic ties between the two countries.
Saudi investors are interested in investing in various sectors of Bangladesh including ports, energy, oil refineries, petrochemicals, LNG terminals and more.

The Saudi ambassador said the Saudi port management company Red Sea Gateway was interested in investing 1.20 billion dollars (120 crore dollars) in Bangladesh. The Saudi firm Al Salam Aerospace has expressed interest in investing in aircraft maintenance and repair in Lalmonirhat. The energy production company Aqua Power has declared investment of 3.50 billion (350 crore dollars) in Bangladesh. They have already invested 600 million dollars (60 crore dollars) in a power plant. Another Saudi firm has announced a 1.80 billion dollar (180 crore dollar) investment in the engineering sector in Bangladesh.

Preparations are being made for a number of MOUs to be signed after the first ever political dialogue between Bangladesh and Saudi Arabia. However, the number of these MOUs has not been finalised as yet.
The foreign ministry's secretary (East) Mashfee Binte Shams told Prothom Alo, till now at least six MOUs have been finalised for signing during the Saudi foreign minister's visit to Dhaka. These include cooperation in the customs sector, cooperation between the foreign service academies of the two countries, cooperation in the information and technology sector, expanding and protecting bilateral investment, defence cooperation and exchanged of convicted persons.

Bangladesh and Saudi diplomats have said that in recent years importance has been placed on multidimensional relations in business, investment, defence and other spheres of cooperation.
Saudi Arabia feels that while Saudi investors are interested to invest in Bangladesh, this has not reached the expected volume. Investment has taken time due to the Covid-19 outbreak and also procedural problems.
An official of the foreign ministry, on condition of anonymity, told Prothom Alo that it is true that the investment is not be implemented as speedily as Saudi Arabia wants it. But it is not that everything is held up. However, geopolitical matters must be taken into consideration in the case of investment in infrastructure and mega projects.

While relations between the two countries have improved in recent years, problems have been created by at least 68 thousand Rohingyas going to Saudi Arabia with Bangladeshi passports. Saudi Arabia raises this issue at any level of discussions. Foreign ministry sources say that this issue may be raised during the Dhaka visit of the Saudi foreign minister. With this in mind, last month a high level meeting was held to review Bangladesh's steps taken to resolve the issue.

Former Bangladesh ambassador to Saudi Arabia, Golam Masih told Prothom Alo, in recent times Saudi Arabia's relations with Bangladesh have extended beyond cooperation in the labour sector. They are interested in investment here and that is why 23 Saudi companies are planning on investing in Bangladesh. In order to make most of this opportunity, projects must be implemented speedily and procedural problems must be resolved.


Bangladesh and the Kingdom of Saudi Arabia (KSA) are keen to strengthen their political and investment relations as Saudi foreign minister prince Faisal Bin Farhan Al Saud will arrive in Dhaka on Tuesday.
Foreign minister AK Abdul Momen will hold a close-door meeting with his Saudi counterpart at a city hotel on Wednesday morning which will be followed by bilateral "political consultation" between the two countries at the same venue, reports UNB.

In his less than 24-hour visit at the invitation of Momen, the Saudi foreign minister will also meet prime minister Sheikh Hasina, the official said.

Ahead of the visit, Saudi ambassador to Bangladesh Essa Yussef Essa Al Dulaihan said the "dynamic partnership" and long-standing relations between Bangladesh and Saudi Arabia will further flourish and reach to a new height.

Foreign minister Momen will receive his Saudi counterpart at Hazrat Shahjalal International Airport upon his arrival at around 5:00pm on Tuesday. He will host a dinner in honor of the Saudi foreign minister at a city hotel the same day.

On Wednesday, the Saudi foreign minister and Momen will join the foundation stone laying ceremony of the Arabic Language Institute after the "political consultation" between the two countries.

Prime minister's private industry and investment adviser Salman F Rahman will host lunch in honor of the Saudi foreign minister.

The Saudi foreign minister is scheduled to leave Dhaka on Wednesday afternoon wrapping up his visit that might see signing of a number of cooperation documents. Foreign minister Momen will see him off at the airport.

The Saudi government says Bangladesh is a "remarkable country" and appreciates prime minister Sheikh Hasina's leadership, noting that her capacity to make "swift decisions" is keeping the country's economy on track.

Saudi Ambassador to Bangladesh Essa Yussef Essa Al Dulaihan, during a recent media briefing, shared Saudi investors' desire to invest "extensively" in Bangladesh.

Engineering Dimensions, a Saudi Arabian Enterprise, has confirmed $1.8 billion investment in Bangladeshi, said the envoy.

Saudi Arabia is mulling establishing a special economic zone and considering scopes to invest in the construction of rail links connecting Dhaka and Payra port, including the development of Cox's Bazar as an international tourist destination.

The ambassador said Saudi ACWA Power has already announced to invest $ 600 million to build a 700 MW power plant and proposed a total $ 3.5 billion investment in Bangladesh.

He said Saudi Red Sea Gateway Terminal wants to invest $ 1.2 billion in Bangladesh, said the envoy.


 

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Bangladesh and Uzbekistan sat for their first Foreign Office Consultation Meeting at the Ministry of Foreign Affairs of Uzbekistan in Tashkent Monday.

The Bangladesh side was led by Foreign Secretary Masud Bin Momen while Uzbek side was headed by Uzbekistan Deputy Foreign Ministry Furkat Ahmedovich Sidikov.

Both sides laid emphasis on increasing bilateral relationship on economic, commercial, trade and other spheres between the two friendly countries, reads a press release.

Bangladesh side proposed to their Uzbek counterpart for creating good investment opportunities for Bangladeshi entrepreneurs in Uzbekistan.

Both sides also discussed direct flight between Dhaka and Tashkent, avoidance of double taxation, visa waiver agreement for official and diplomatic passport holders, exchange of visit in the field of general and education and etc.

Bangladesh side also requested to expedite the proposed MoUs and agreements pending with Uzbek side.

Foreign Secretary Masud Bin Momen requested his Uzbek counterpart to set up Uzbekistan Embassy in Dhaka.

At the end of the meeting, both sides agreed to sign a Programme of Cooperation for the year 2022-2023 between the two countries.

This Program of Cooperation will allow the Foreign Service Academy of Bangladesh Foreign Ministry and University of World Economy and Diplomacy to start cooperation in the field of education, sharing information and communication technology and consular consultation.

Bangladesh Ambassador to Uzbekistan Md Zahangir Alam, Director General (EE & CIS) S Bodiruzzaman, Minister of the Embassy Nripendra Chandra Debnath, Director of Foreign Secretary's Office Md Jubayed Hosen were present from Bangladesh side while Oybek Eshonov, Director General (Department for Cooperation with South Asia, Near, Middle East and African countries) and J Rajabov, Head of Division (Treaty-Law Department) were present from Uzbek side.

Both sides agreed to hold the next Foreign Office Consultation meeting in 2023 in Dhaka.


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Ambassador of Bangladesh to Nepal Salahuddin Noman Chowdhury called on Chief of Army Staff Prabhu Ram Sharma Wednesday.

During the meeting, the duo discussed wide range of bilateral cooperation, including defense cooperation.

Nepal and Bangladesh work closely on issues of common interests and share similar views at various regional and international forums, including SAARC, BIMSTEC and the United Nations.

 

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Saudi Foreign Minister Prince Faisal Bin Farhan Al Saud on Wednesday said they are extremely optimistic about the future of Bangladesh and the two countries will work together to expand their cooperation.

"I think there is a lot to be done," he told reporters after his meeting with Foreign Minister AK Abdul Momen at a Dhaka hotel, noting that the two countries have a clear target to work together to that end.

Responding to a question, the Saudi foreign minister said they are committed to a "stable" oil market and all indications say there is no concern regarding the oil supply.

He said that they are "very optimistic" about the future of this relationship with Bangladesh. "We just had an excellent political consultation."

Most importantly, he said they explored how they can expand the partnership as the two countries enjoy a historic strong relationship.

"We're committed to building up on this strong foundation to a much broader partnership. Saudi companies are very interested to invest here," he said.

Foreign Minister Momen said they are very proud to see this high-level political consultation for the first time.

He said some 20 Saudi companies have shown interest to invest in Bangladesh. Bangladesh has assured of providing required facilities in the economic zones, he said.

Momen said they also discussed food security issues noting that Prime Minister Sheikh Hasina has put a lot of emphasis on this.

He said the Saudi side assured of hassle-free clearance of visas for 100% hajj applicants.

The Saudi foreign minister arrived in Dhaka on a brief official visit on Tuesday evening.

He met Prime Minister Sheikh Hasina at Gonobhaban on Wednesday morning.

The Saudi FM left Dhaka on Wednesday afternoon wrapping up his less than 24-hour visit.


Visiting Saudi Foreign Minister Prince Faisal bin Farhan al Saud on Wednesday said many Saudi companies are keen to make investments in the energy sector of Bangladesh, particularly in renewable energy.

He said this during a courtesy call on Prime Minister Sheikh Hasina at her official residence Ganobhaban here.

The premier's Press Secretary Ihsanul Karim briefed reporters after the meeting.

The prime minister told the Saudi FM that her government is establishing 100 special economic zones across the country.

She hoped that the Saudi investors would avail the opportunities prevailing in Bangladesh.

"I welcome Saudi Arabia's investment in Bangladesh," she was quoted as saying.

Sheikh Hasina expressed her satisfaction over the bilateral relations with the Kingdom of Saudi Arabia (KSA).

"The bilateral cooperation has extended and consolidated in many areas that include economy, trade, commerce, investment, energy, education, culture and defence," she said.

The prime minister said Saudi Arabia has a special place in the hearts of the people of Bangladesh.

She conveyed her greetings to Saudi King Salman bin Abdulaziz Al Saud and Saudi Crown Prince Mohammed bin Salman Al Saud.

Hasina also appreciated the custodian of the two holy mosques, Saudi King Salman bin Abdulaziz Al Saud, for his contribution to the Muslim Ummah.

The visiting minister described the bilateral relation between Bangladesh and Saudi Arabia as a 'strong bond of friendship' and said, "This will grow from strength to strength in the days to come."

He said their priority is to enhance further economic cooperation by exploring new areas.

Prince Faisal hoped that Bangladesh and Saudi Arabia would work together on various global agendas.

He said many Bangladeshi workers are contributing to the global economy.

He commended the visionary leadership of Hasina and the commendable economic development of Bangladesh.

Foreign Minister AK Abdul Momen, prime minister's Ambassador-at-Large Mohammad Ziauddin, her Principal Secretary Dr Ahmad Kaikaus, Bangladesh Ambassador to Saudi Arabia Dr Mohammad Javed Patwary and Saudi Ambassador to Bangladesh Essa Yussef Essa Al Dulaihan were present at the meeting.


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Md Mosharraf Hossain Bhuiyan, ambassador of Bangladesh to Germany visited Kosovo during 13-16 March.

During the visit, he met Donika Gërvalla-Schwarz, second deputy prime minister and minister of foreign affairs and diaspora of Kosovo at her office, reads a press release.

The ambassador underlined that there are untapped areas of mutual cooperation where economic and public diplomacy could act as catalysts in taking the bilateral relations to a new height.

He emphasised on holding the first Foreign Office Consultations (FOC) at the ministerial level.

He also stressed on extension of consular activities at the Embassy of Kosovo in Dhaka to promote people-to-people ties, visits of businessmen of both sides, exchange of academics/researchers, joint research and cooperation in areas of mutual concerns between the think-tanks and the academia.

Mosharraf underscored on transforming the relations in bilateral and multi-lateral arena in the level of a strategic partnership.

The ambassador expressed his optimism that the existing relations between the countries will be further expanded in depths and dimensions, referring to the letter of invitation of addressed by Prime Minister Sheikh Hasina to her Kosovo counterpart, and stressed on the high-level visits from Kosovo at this year of celebration of Golden Jubilee of Independence.

The Kosovan Minister of Foreign Affairs and Diaspora thanked the government of Bangladesh for its continuous support in various multilateral fora, and requested to explore the possibilities of joint venture investments in Kosovo, and agreed on the importance of high-level visits to renew the bilateral relations, the release added.

The ambassador also met Dr Artane Rizvanolli, minister of economy, and Rozeta Hajdari, minister of industry, entrepreneurship and trade.

There were discussions for reviewing the potentials of deepening initiatives for economic cooperation which includes promotion of joint investments and trade links.

The potentials for further diversification of cooperation and exploration of possibilities of joint ventures in the sectors such as home-textiles, high-end RMG products, processed agro-products, frozen food, joint agricultural farming, pharmaceuticals, ICT & IOT, metals, mining etc. encompassed the focus of the meetings, the embassy release further stated.

In particular, they expressed the hope to commence new cooperation initiatives in the areas of formation of Joint Business and Economic Councils, signing agreements on avoidance of Double Taxation and promotion and protection of investments.

The Kosovan ministers exhibited interests particularly on investments from Bangladesh in Kosovo to enjoy low corporate tax- and duty-free access to the US, the EU (post LDC graduation grace period) and the Balkans.

The ambassador of Bangladesh also held a meeting with Rector of University of Pristina and discussed the possibilities of translation of the Unfinished Memoir of our Father of the Nation and proposed exchange of faculties and students of Pristina University and universities of Bangladesh on areas of mutual interests.

He delivered a speech on "Celebration of Golden Jubilee of Independence of Bangladesh: Perspectives of Bangladesh-Kosovo Relations and Ways Forward" to the students of Faculty of Philosophy.

Moreover, he also held a breakfast meeting with businessmen and industrialists of Kosovo Club of Manufacturers led by its CEO Astrit Panxha.

The Kosovan businessmen requested the ambassador for formation of a joint business council, facilitate exchange of visits, export of skilled manpower from Bangladesh as the country has acute shortage of skilled human resources in manufacturing industries due to a large diaspora in EU and exploration of joint ventures in both ends.


As the Malaysian market is opening to Bangladeshi workers after around three years, employers in Malaysia have applied to their government till 10 March for hiring around two lakh Bangladeshi workers.

Sector insiders expect that the number will increase in the coming days as the process of applying through the Foreign Workers Centralised Management System (FWCMS) of the Malaysian human resource ministry will continue till 25 March.

The Malaysian authorities are assessing the demand submitted by the country's employers. After the assessment, Malaysia will recruit workers for all sectors from Bangladesh including plantation, agriculture, manufacturing, services, mining, construction and household service, Malaysian Human Resources Minister M Saravanan told the Malaysian media on Thursday.

However, the process to recruit Bangladeshi workers has not been finalised as a debate over syndication in labour recruitment in Malaysia is swirling around, especially after Dhaka and Kuala Lumpur signed a memorandum of understanding (MoU) in this regard on 19 December 2021.

At the heart of the debate is a syndicate of 25 Bangladeshi agents and 250 sub-agents mentioned by Malaysian Human Resources Minister M Saravanan in a letter to Bangladesh Expatriates' Welfare and Overseas Employment Minister Imran Ahmad on 14 January this year.

In response to the letter, Minister Imran Ahmed proposed allowing all the legal Bangladeshi agencies to send workers.

Both the Bangladeshi and Malaysian recruiters have also opposed the proposal of syndication.

Explaining the Malaysian minister's comment, Ahmadul Kobir, a Bangladeshi journalist based in Kuala Lumpur, told TBS, "Earlier, the employers had to apply in FWCMS through agents in Malaysia for recruiting workers. But now the employers are bound to apply directly to FWCMS."

Malaysia is home to around eight lakh Bangladeshis, according to an unofficial estimate.

"We are waiting for a joint working group meeting to discuss the next steps for sending workers according to the signed MoU. We sent a letter in this regard, but we did not get any feedback yet from the Malaysian side," Dr Ahmed Munirus Saleheen, secretary of the expatriate welfare and overseas employment ministry, told TBS.

"We have sent a list of all the registered Bangladeshi recruiting agencies to Malaysia. Now, they will decide about the recruiters who will be involved," he added.

There are around 1,400 registered recruiting agencies in Bangladesh.

A system detailing how Malaysia will take people from the recruiters, how they will conduct medical tests for workers, whether they will give visa in Bangladesh or after the workers reach Malaysia will be finalised at a meeting of the Joint Working Group, Abul Bashar, former president of Bangladesh Association of International Recruiting Agencies (Baira), told TBS.

Malaysia suspended hiring Bangladeshi workers in September 2018 over allegations of malpractice in the recruitment process through a syndication of 10 agencies.

After a hiatus of over three years, Malaysia officially reopened its labour market in 2021 to Bangladeshi workers for five years until December 2026.

To meet the growing demand of workers following the Covid-19 pandemic, the Southeast Asian country has started hiring workers from potential countries, and as part of the move, the Malaysian cabinet on 10 December last year decided to resume the recruitment of Bangladeshi workers.

"Don't care for Malaysian market if there is syndicate"

The local manpower recruiters said a corrupt group of recruiting agents in Bangladesh and Malaysia has created a syndicate to exploit the workers.

Shameem Ahmed Chowdhury Noman, former secretary general of Baira, told TBS, "We have never accepted the syndication of recruiters. Our ministry is also in favor of allowing all the registered recruiters, not a selected few."

"Currently, we are sending more than one lakh workers per month to different countries, excluding Malaysia. So, if the Malaysian part continuously puts pressure on Bangladesh to follow the recruiters' syndication, we would not send workers there as we have available jobs in other destinations," he added.

In a statement on 4 December, the Federation of Malaysian Manufacturers (FMM) said the country needs over six lakh foreign workers by the next year for the industrial sector, especially the export-based companies, to overcome the current acute manpower shortage it is facing.

The association found a shortage of skilled general workers, technicians, mechanics and engineers in Malaysia.

The manufacturing sector and sub-sectors like food and beverages, chemical and chemical products, metal and rubber products have the highest demand for workers.

Malaysia has also identified Bangladesh as a second source country for migrant security guards based on an earlier MoU signed between the countries.


Middle Eastern country Iraq wants to buy mango, vegetables and potato from Bangladesh.

Abdulsalam Saddam Mohisen, chargé d'affaires of Iraq embassy in Dhaka, said this in a meeting with Agriculture Minister Muhammad Abdur Razzaque at the secretariat in Dhaka yesterday.

Besides, a memorandum of understanding (MoU) would be signed between Bangladesh and Iraq to enhance the cooperation in the agriculture sector, Razzaque said after the meeting.

To this end, a draft will be formulated soon, he said.

Razzaque said discussions have been held on how to enhance Iraq's bilateral relations with Bangladesh further.

He said Iraq usually import agricultural products from India and Turkey.

"The economic situation in Iraq is good now. They have expressed interest in signing a memorandum of understanding (MoU) for cooperation in the agricultural sector."

They (Iraq) want to take vegetables, mango and potato from Bangladesh.

"We can export potatoes," the minister said.

In the meeting, Mohisen lauded the success of agricultural development in Bangladesh, according to a press release of the ministry.


 
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The Army Chief General SM Shafiuddin Ahmed, SBP, OSP, NDU left for Doha on Sunday for a two-day state visit, an ISPR release said.

During his stay in Qatar, Shafiuddin Ahmed will attend the Doha International Maritime Defence Exhibition and Conference-2022 and the Middle East Naval Commanders Conference.


Chief of Naval Staff Admiral M Shaheen Iqbal on Sunday left Dhaka to attend the 7th Doha International Maritime Exhibition and Conference in Qatar, scheduled to be held from 21 March to 23 March.

Assistant navy chief (operations) and navy commander for Dhaka zone saw the navy chief off at the Hazrat Shahjalal International Airport in the capital, says an ISPR press release.

During the visit, Admiral Iqbal will pay a courtesy call on the chief of the Qatar Navy Force. Later, he will also visit Germany.

The navy chief will discuss different bilateral issues with his counterparts in the two countries to enhance cooperation.

He is expected to return home on 31 March, reads the release.


Air Chief Marshal Shaikh Abdul Hannan, chief of Air Staff of Bangladesh Air Force, along with his spouse and two entourages left Dhaka for Australia on Friday for an official visit.

During the visit, he will attend the "Air and Space Power Conference-2022" at the National Convention Center in Canberra, Australia, reads an ISPR press release.

Chiefs of Royal Air Force, US Pacific Air Force, Royal Canadian Air Force, Maldives National Defense Force, Sri Lankan Air Force, German Air Force, Indian Air Force, Thai Air Force, and Military Advisor of UN Peace Operations, high officials from the Air Force of Qatar, Malaysia and Italy will also attend the conference.

The theme of "Air and Space Power Conference-2022" is "Resilience and Innovation in Air and Space".

The event will focus on innovative approaches of air and space power for ensuring geo strategic security in the Indo-Pacific region amidst rapidly changing global security scenario.

Shaikh Abdul Hannan will also join the "Sir Richard Williams Foundation Conference" which is focused on exploring the force multiplying capability and increasingly complex requirements associated with the Unmanned Aerial System (UAS).

These two visits will offer an opportunity for the Bangladesh Air Force chief to exchange views with the Air Force delegations attending the conference.

It will surely enhance the knowledge for implementing effective methods and plans to deal with upcoming security threats by the Bangladesh Air Force. This visit is expected to further strengthen the bilateral relations between Royal Australian Air Force and Bangladesh Air Force.

 

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Colombian Ambassador to India (accredited to Bangladesh) Mariana Pacheco-Montes has agreed to work for increasing the volume of bilateral trade between Bangladesh and Colombia to $100 million by 2025 from $36 million presently.

The Colombian envoy made the promise during a meeting with Md Saiful Islam, president of the Metropolitan Chamber of Commerce and Industry (MCCI), at the Gulshan office of the trade body on Wednesday.

At the meeting, Saiful thanked the Colombian government for its support to the United Nations on the Rohingya issue.

The ambassador said the refugee crisis was common in Colombia too as they also had over two million refugees from Venezuela. She ensured Colombia's continuous support for this cause.

Meanwhile, the MCCI president also requested a transfer of know-how, especially in the agricultural sector.

According to the press statement, Colombia is renowned for its premium class coffee, so a transfer of knowledge here could help Bangladesh produce similar coffee.

The ambassador, meanwhile, appreciated how Bangladesh and Colombia had grown during the last few years.

She said Colombia could carry out value addition in Bangladesh for their fashion industry items. These goods could eventually find export markets covered by Colombia's free trade agreements. She also promised to arrange a business mission from Colombia to visit Bangladesh, especially from the fashion sector.

Uzbekistan has expressed its interest to invest in the oil and gas exploration sector of Bangladesh.

Uzbek energy minister's advisor Jumaev Jasur Khudaykulovich expressed his country's willingness to State Minister for Power, Energy and Mineral Resources Nasrul Hamid at the latter's office in the Power and Energy Ministry on Thursday.

The Uzbek energy minister's advisor, who is visiting Bangladesh with an 8-member delegation, said that his country has vast experience in working in the petrochemical and hydrocarbon sector. It has experience drilling wells to the depth of 700 metres in the underground.

He also noted that Uzbekistan has 75 drilling rigs now deployed across the world of which one is now working in Bangladesh as well.

The advisor expressed interest in construction of gas pipelines and in the renewable energy sector.

They want to work with Bangladesh Petroleum Exploration and Production Company (Bapex), the Uzbek envoy added.

Uzbekistan's energy minister A. Sultanov has sent a letter to Nasrul Hamid expressing increased cooperation between the two countries in the energy sector and invited him to visit the Central Asian country.

Nasrul Hamid appreciated the interest of Uzbekistan in energy sector cooperation and said Bangladesh can utilise the experience of the Central Asian nation in the hydrocarbon sector.

Uzbekistan can provide training to Bangladeshi engineers in this regard, he added.

Akhmedjanov Otabek Ulugbekovich, Gabov Evgeniy Hyich, Parkahoenko Alexander Nikolaevich, Minajitdinov Kuat Maratovich, Dusmukhamedov Erzhigit Daniyalovich, and Baisov Alisher Karabekovich were, among others, present in the meeting.


Himalayan Airlines, one of the private carriers of Nepal, is going to commence Kathmandu-Chattogram-Kathmandu direct flight from 3 April.

Chattogram Shah Amanat International Airport Director Wing Commander Farhad Hossain Khan told The Business Standard about the development.

Farhad Hossain Khan said, "Himalayan Airlines has received permission to operate direct passenger flights from Chattogram to Kathmandu. This is the first direct flight on the route."

The airline will operate two weekly flights on the route. At present, the Nepalese airline is operating seven weekly flights on Dhaka-Kathmandu route.

Until now, a good number of passengers from Chattogram had to go to Nepal via Dhaka's Hazrat Shahjalal International Airport. Now there will be an opportunity for them to go to Nepal directly from Chattogram, he added.

It takes one hour and 25 minutes to travel from Dhaka to Kathmandu by air. The fare is 45,383 Nepali rupees, which is Tk32,000. It is not yet known about the ticket price of the Chattogram-Kathmandu flight.

The airline has appointed SAir Air BD Ltd as its general sales agents.

 
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Russian ambassador Alexander Mantytskiy on Thursday said Bangladesh and Myanmar should resolve the Rohingya crisis through bilateral negotiations with no involvement of other countries and non-government organistaions.

He said this in reply to a question on the Russian position on repatriation of Rohingya people from Bangladesh to Myanmar. ‘We are not giving any advice.’

Raising questions about the involvement of non-government organisations in Rohingya services, Alexander Mantytskiy wondered, ‘what are they doing not only in Cox’s Bazar, but also in other parts of the country?’

The ambassador was speaking at a press conference on Ukraine issues.

At least 8,60,000 Rohingyas, mostly women, children and aged people, have entered Bangladesh fleeing unbridled murder, arson and rape during ‘security operations’ by the Myanmar military in Rakhine, what the United Nations has denounced as ethnic cleansing and genocide, beginning on August 25, 2017.

The latest Rohingya influx has taken the number of undocumented Myanmar nationals and registered refugees in Bangladesh to over 1.1 million, according to estimates by UN agencies and the Bangladesh foreign ministry.

Not a single Rohingya returned home to Rakhine state since the signing of instruments between Bangladesh and Myanmar in late 2018.

The Russian ambassador also said his country and Bangladesh were working out modalities to keep transactions and trade uninterrupted, avoiding SWIFT system following the Ukraine crisis.

He said that different options were being considered, including swap of national currencies and usage of third country’s banks but did not want to go into the details of this work.

The press conference titled ‘One month of the Russia’s special military operation in Ukraine: causes and results. The world of post-truth’ covered five key areas — the background of the Russia-Ukraine conflict, Russia’s diplomatic efforts aimed at avoiding the conflict, the results of the Russia’s special military operation, role of the West in the militarisation and Nazification of Ukraine, economic consequences of the conflict and Russia-Bangladesh relations in a new reality.

Responding to a question on Bangladesh’s voting at the UNGA on March 2, the Russian envoy said they highly appreciate Bangladesh’s ‘responsible and balanced’ attitude towards the resolution.

‘We express our gratitude to the Bangladeshi side for its neutral position taken despite the enormous external pressure during the said voting,’ he said.

The ambassador said Bangladesh foreign minister AK Abdul Momen very specifically defined the motives behind Bangladesh’s abstention. ‘So, I have nothing more to add.’

Responding to a question Mantytskiy said construction of the Rooppur NPP was on schedule and the project would be implemented in accordance with previously approved plans. ‘All operations are being carried out on schedule.’

In 2021, he said, the dome of the inner containment was assembled at Unit 1, the reactor vessel and reactor plant equipment were installed, in February of this year while welding of the reactor coolant pipeline was completed.

Deaerator has been installed in the machine room and installation of the polar crane was completed at Unit 2 in November 2021, said the ambassador, adding that the reactor vessel and steam generators were scheduled to be mounted by the end of the year.

Construction of a training centre for the operational personnel of the Rooppur NPP is at its final stage, he said.

Active work is currently underway on the installation of the key thermal and mechanical, electrical equipment and process pipelines, said the Russian envoy.

With respect to a question concerning possible disruption of Russia’s export of commodities such as natural gas and wheat, the ambassador said the Russian Federation as a responsible

party of different trade accords, including deals with Bangladesh, is committed to fully exercising its obligations under the agreements.

He said recently India announced its plan to buy more Russian oil despite threats, adopting pragmatic approach to ensure energy security.

Due to ‘politically motivated’ action many Western companies have chosen to quit the Russian market and left huge niche that can be filled by Bangladeshi companies and goods, said Mantytskiy.

‘For example, ready-made garment and medical and pharmaceutical products. Some of your agricultural crops are also welcome in Russia,’ he said.

As far as increasing energy prices and as a consequence of its price hike for commodities are concerned, the ambassador said they admit that this is inevitable process caused by those who impose ‘illegal sanctions’ against Russia, who disrupted logistics chain and caused great buzz on markets all over the world.

He said the latest sanctions imposed on Russia and Belarus sent global prices for fertiliser soaring to an all-time high.

Energy prices have been soaring amid EU plans to cut reliance on Russian oil and gas supplies and bans imposed by the US and a couple of other countries, said the Russian envoy.

Regarding recent missile attack on a Bangladeshi ship MV Banglar Samriddhi and subsequent killing of its third engineer Hadisur Rahman, the ambassador said they have not received any information about this accident as of now.

One of the reasons is that the Ukrainian nationalist battalions are still controlling the city of Nikolayev which hampers the establishment of circumstances of this tragedy, he said.

Moreover, there are reliable reports that inner anchorages of the Ukrainian sea ports, including Olvia, are heavily mined, said the ambassador.

The Russian envoy said this week United States president Joe Biden said the Russian president may be considering using biological or chemical weapons in Ukraine which is a’ blatant lie’ and attempt to manipulate public opinion.

‘Our country has destroyed all chemical weapons stockpiles, while the United States remains the only country party to the Chemical Weapons Convention of 13 January 1997, which still possesses and patents various inventions, associated with the use of full-fledged combat poisoning agents, including a nerve-paralytic effect,’ he said.


The Army Chief General SM Shafiuddin Ahmed, SBP, OSP, NDU left for Doha on Sunday for a two-day state visit, an ISPR release said.

During his stay in Qatar, Shafiuddin Ahmed will attend the Doha International Maritime Defence Exhibition and Conference-2022 and the Middle East Naval Commanders Conference.

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Saudi Arabian Investment Minister Khalid al-Falih will lead a delegation of 22 companies to explore the investment opportunities in Bangladesh.

The delegation, which includes Saudi state-owned major gas-producing company, Aramco, is expected to visit here after Ramadan.

Saudi Ambassador to Bangladesh, Essa Yussef Essa Al Dulaihan, said this at a press conference held at the embassy on the occasion of distributing food and dates on behalf of Saudi King Salman bin Abdulaziz Al Saud today.

Essa Yussef Essa Al Dulaihan said the bilateral relations between Bangladesh and Saudi Arabia have reached a new height in the last five years.

He mentioned that Saudi Transport Minister visited Bangladesh in December last year and Saudi Foreign Minister visited this month. After Ramadan, Saudi Investment Minister Khalid al-Falih is coming.

The Saudi envoy said Bangladesh is a new area of investment for Saudi investors. The areas of investment include infrastructure, shipbuilding, power plant, gas exploration, renewable energy, pharmaceuticals, petrochemicals and light engineering.

He stressed removing any and all barriers that hinder foreign investment.

When asked about Hajj, he said this ritual is still not open because of the coronavirus pandemic but will be open as the virus risk has come to an acceptable level.

Dulaihan said procedures of 50 percent of all visas for the Bangladeshis were completed in Bangladesh in 2019, and it is expected that visas for 100 percent of Bangladeshis will be completed in Bangladesh next time when the Hajj is reopened for them.


 

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Bangladesh and Sri Lanka have laid emphasis on early conclusion of the Preferential Trade Agreement (PTA) with a hope that it will "widen" the bilateral trade significantly between the two South Asian countries.

Foreign Minister AK Abdul Momen and his Sri Lankan counterpart Prof GL Peiris had a bilateral meeting on the sidelines of the 18th BIMSTEC ministerial meeting in Colombo on Tuesday.

They discussed areas of cooperation including diversification and expansion of the export basket.

The negotiations over the PTA are at an advanced stage, said Secretary (East) Mashfee Binte Shams, who attended the meeting.

Rector of Bangladesh Foreign Service Academy Asad Alam Siam and High Commissioner of Bangladesh to Sri Lanka Tareq Md Ariful Islam were also present.

The Sri Lankan foreign minister highly commended the great leadership of Prime Minister Sheikh Hasina for her policy against terrorism and violent extremism.

Foreign minister Momen stressed on initiating regular commercial shipping lines and cruise shipping for enhancement of trade and people to people contacts.

He also pointed out that the high price of air tickets is creating barriers to promoting tourism between the two countries.

The Sri Lankan foreign minister emphasized and echoed the position of Bangladesh leadership for better utilisation of Colombo port for transportation of Bangladeshi goods for the benefit of both the sides.

Both the foreign ministers agreed to work together in various regional and multilateral fora for common benefits.

Momen thanked his Sri Lankan counterpart for the warm hospitality and congratulated for hosting the BIMSTEC Summit preceded by the ministerial meeting and the senior officials meeting.

The Sri Lankan foreign minister recalled his visit to Dhaka last year in November and his meeting with prime minister Sheikh Hasina.



Foreign Minister Dr AK Abdul Momen has requested Thai Deputy Prime Minister and Foreign Minister Don Pramudwinai to include Bangladesh in the Trilateral Highway project being implemented among India, Myanmar and Thailand.

He also sought the Thai Government's support for Bangladesh's inclusion in the ASEAN Sectoral Partnership Dialogue while discussing bilateral issues during the meeting with his Thai counterpart on the sidelines of the 18th BIMSTEC Ministerial Meeting in Colombo Tuesday (29 March), reads a press release.

The two Foreign Ministers agreed to work together under the framework of BIMSTEC.

Momen thanked the Thai Foreign Minister for their decision to allow entry of tourists in Thailand from 1 April which would promote people to people contacts between the two countries.

The two Foreign Ministers enthusiastically agreed to hold a befitting program in celebration of the 50th anniversary of diplomatic relations between Bangladesh and Thailand.

Momen underscored the necessity to immediately hold the next meeting of the Bangladesh-Thailand Joint Commission to discuss and review the entire gamut of bilateral relations.

Given Bangladesh's growing capacity in the agriculture sector, the Foreign Minister of Thailand requested for export of fertilizers to Thailand, if a surplus is available. He also stressed the importance of concluding a bilateral FTA for benefit of the two countries.

They agreed to closely work for the enhancement of trade and investment. The two sides also committed to cooperating with each other in various regional and multilateral fora.

 

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Prime Minister Sheikh Hasina on Wednesday sought larger Saudi investment in Bangladesh particularly in the special economic zones and offered land there for Saudi investors.

The prime minister sought the investment when Saudi Arabia's Ambassador to Bangladesh Mohammed Essa Yousef Essa Alduhailan called on her at her Jatiya Sangsad Bhaban office.

Prime Minister's Press Secretary Ihsanul Karim briefed reporters.

Sheikh Hasina said that Bangladesh welcomes the Saudi Arabia's investors and they can choose lands in the special economic zones for the mutual benefits.

Stressing the need for unity among the Islamic countries, she said countries should not invite others to interfere; rather all the problems should be resolved through dialogue between two countries.

The prime minister said that Saudi Arabia has special place in the hearts of the people of Bangladesh.

Sheikh Hasina assured the Saudi Envoy of giving Bangladesh's support to Saudi Arabia's candidature for the International Expo-2030 following the request of the ambassador to support his country.

Mohammed Essa Yousef Essa Alduhailan hoped that the bilateral ties between the two countries would reach to a new height in the days ahead.

He said that over the years, the cooperation between Dhaka and Riyadh has been consolidated in trade, commerce, education, culture and defense sectors.

The Saudi envoy said that many Saudi companies are now keen to make investment in Bangladesh's energy sector particularly in the renewable energy.

During the meeting, Sheikh Hasina conveyed her greetings to Saudi King Salman bin Abdulaziz Al Saud and appreciated custodian of the two holy mosques for his contribution to the Muslim Ummah.

The press secretary said on behalf of the king, the Saudi ambassador handed over a part of Ghilaf (Kiswah) weighing 10 kilograms made of gold and silver with inscribing verses from the Holy Quran.

The Saudi king presented such kind of Ghilaf to any head of the government of Bangladesh for the first time, the press secretary added.

PM's principal secretary Dr Ahmad Kaikaus was present during the meeting.


Bangladesh and the United Kingdom have expressed their eagerness to promote the trade and commerce between the countries.

The keenness of the two countries was expressed when British lawmaker and trade envoy of the UK's Prime Minister Rushanara Ali, MP, paid a courtesy call on Prime Minister Sheikh Hasina in the parliament here this afternoon.

PM's Press Secretary Ihsanul Karim briefed newsmen after the meeting.

The prime minister has sought the British cooperation for the development of Bangladesh's railway.

Ali has expressed her country's desire to extend cooperation in the development of Bangladesh's private education sector in joint venture.

She informed the prime minister that many Bangladeshi universities want to work with the UK in joint collaboration.

Prime Minister's Principal Secretary Dr Ahmad Kaikaus and British High Commissioner in Dhaka Robert Chatterton Dickson were present during the meet.


 
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Sri Lanka is keen to attract investment from Bangladeshi entrepreneurs in the tourism and agriculture sectors, said the country's High Commissioner Sudharshan Seneviratne at a meeting on Sunday.

The high commissioner expressed this interest in a courtesy call on the Federation of Bangladesh Chambers of Commerce & Industries (FBCCI) President Md Jashim Uddin.

Addressing a meeting at the FBCCI office, the envoy said his country is offering lucrative incentives for foreign investors, including tax holidays. Bangladeshi entrepreneurs can benefit by investing in vast uncultivated land in Sri Lanka.

Seeking Bangladesh's cooperation in the development of tourism and shipping, ambassador Seneviratne said the Colombo port now has four harbours and is equipped with modern facilities. Therefore, he urged the Bangladeshi cargo ships to go through Colombo.

The FBCCI President Md Jashim Uddin said a free trade agreement between the two countries would make it easier to increase bilateral trade and investment.

Also urging to increase regional trade, the FBCCI chief said most of Bangladesh's trade is with the United States and the European Union. But it is more profitable to do business with neighbouring countries.

Referring to the huge volume of inter-trade in the North American Free Trade Agreement (Nafta) and Association of Southeast Asian Nations (Asean), the president said that if the South Asian Free Trade Area (Safta) was implemented, the development of South Asian Association for Regional Cooperation (Saarc) countries would have been accelerated.

The FBCCI president also emphasized the importance of cooperation in the energy sector among the Saarc countries.

During the meeting, FBCCI Director Priti Chakraborty called for joint initiatives on nursing training between Bangladesh and Sri Lanka.

FBCCI Vice President Habib Ullah Dawn, Director Shomi Kaiser, Director Nadia Binte Amin and Secretary-General Mohammad Mahfuzul Hoque were also present at the meeting.


Bangladesh and South Korea will work towards elevating bilateral ties to the next level in commemoration of the 50th anniversary of diplomatic relations between the two countries, govt officials said on Thursday.

They made the pledge during the Third Foreign Ministry Consultations held at State Guest House Padma in Dhaka, said a press statement.

The two parties also agreed to deepen cooperation in trade and investment, infrastructure development, human resources development, defence, agriculture, fisheries and biotechnology, and regional and global issues of common interest and concern, including global peace and security, climate change, etc.

Foreign Secretary Masud Bin Momen and First Vice-Minister of Foreign Affairs of South Korea Choi Jong Kun led their respective delegation at the meeting.

Lauding Bangladesh's development successes including graduation from LDC, Korean vice-minister Choi assured to continue their development cooperation to Bangladesh's priority sectors for rapid socio-economic advancements.

The S Korean official also agreed to extend cooperation in other areas, including capacity building in frontier technology and cyber security, technical and vocational education and training, shipbuilding, and clean energy.

Meanwhile, Foreign Secretary Momen assured to extend all necessary cooperation to further promote Korean investments in Bangladesh.

Both sides agreed to explore high political-level visits to mark the 50th anniversary of the establishment of bilateral relations between the two countries in 2023 along with organizing befitting complementary programmes in each other's capital.

The Bangladeshi delegation also appreciated the Korean government's humanitarian support for the Rohingyas temporarily sheltered in Bangladesh and urged the international community to contribute in bringing a peaceful resolution to the Rohingya crisis.

Besides, Bangladesh assured to continue strong support to all international measures for denuclearisation of the Korean Peninsula.

Both sides also agreed to deepen cooperation in UN peacekeeping and peacebuilding operations as well as green growth initiative, particularly in the development of clean energy and advancement of green technology.


 

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Bangladesh has resumed exporting agricultural products to the United Kingdom after a one-month stoppage due to the only quality checking scanner at Dhaka airport not working.

Hazrat Shahjalal International Airport sources said the UK only allows vegetables to cross its borders that are scanned by an Explosive Detection Scanner (EDS) it has authorised.

The export of agricultural products to the UK has been at a standstill since 9 March as the lone quality checking scanner at the airport went out of order.

According to exporters, the cargo bay at Dhaka airport had four EDSs and two X-ray scanners to send goods to European countries. Of those, two scanners at the airport are approved by the UK Department of Transport.

One of them has been dead for long, and the others have frequently broken down , causing a disruption in exports, they added.

SMA Zahangir Hossain, president of Bangladesh Fruits, Vegetables and Allied Products Exporters' Association, said it is difficult to send products to different countries of Europe given frequent scanner problems.

It was the fourth time in a span of just seven months that the scanner developed problems.

Exporters said Bangladesh risks losing the UK vegetable market with the scanner at Dhaka airport out of order and that the market for Bangladeshi produce is gradually going down due to the scanner problem.

If there is no continuity of exports, exporters from other countries automatically grab the market, they added.


The government today approved a proposal for appointing the joint venture (JV) of Korea Expressway Corporation (KEC) and the China Major Bridge Engineering Company Ltd (MBEC) for ensuring maintenance and realizing toll at the Padma Multipurpose Bridge for the next five years.

The approval came from the 12th meeting of the Cabinet Committee on Government Purchase (CCGP) in this year held today virtually with Finance Minister AHM Mustafa Kamal in the chair.

Briefing reporters after the meeting, the Finance Minister said that the day's CCGP meeting approved a total of 10 proposals out of 11 proposals as the ICT Division withdrew a proposal on Establishing Digital Connectivity (EDC) project.

Joining the briefing virtually, Cabinet Division additional secretary Md Zillur Rahman Chowdhury said that following a proposal from the Bridges Division, the Korean and Chinese joint venture would act as the service provider/operator for the Padma Bridge for the next five years at a cost of Taka 692.92 crore.

He said that Bangladesh Agricultural Development Corporation (BADC) under the Ministry of Agriculture would procure some 40,000 metric tons of DAP fertilizer from MAADEN, Saudi Arabia under the 2nd lot with around Taka 339.13 crore.

Zillur said that the CCGP meeting gave nod to three separate proposals from the Ministry of Industries for importing 30,000 metric tons bulk prield (optional) urea fertilizer, 10,000 metric tons of phosphoric acid and 30,000 metric tons of bagged granular urea fertilizer.

The Cabinet Division additional secretary said Bangladesh Chemical Industries Corporation (BCIC) will procure 30,000 metric tons of bulk prield (optional) urea fertilizer from Muntajat, Qatar under the 14th lot with around Taka 247.11 crore where the price for per ton of fertilizer would be $1,255.

The BCIC will procure 10,000 metric tons of phosphoric acid from M/S RK Enterprise, Dhaka (Chief Supplier: M/S Sun International FZE, UAE) with around Taka 83 crore where the price for per ton of phosphoric acid would be $963.90.

Besides, Zillur said the BCIC will procure another 30,000 metric tons of bagged granular urea fertilizer from KAFCO, Bangladesh under the 16th lot at a cost of around Taka 242 crore where the price for per ton of fertilizer would be $935.

The meeting approved a proposal from the Ministry of Water Resources under which the package number DR-01, Lot-E has been awarded to the joint venture of Aqua Marine Dredging Ltd and Nabarun Traders Ltd with around Taka 27.45 crore under the project for Protecting the structures in the left embankment from the erosion of River Padma at Charghat and Bagha upazilas in Rajshahi.

Zillur said that the meeting also approved a proposal from the Ministry of Shipping for appointing the joint venture of Kunhwa Engineering & Consulting Co Ltd, Korea and Daeyoung Engineering Co Ltd Korea as the international consultants with around Taka 126.50 crore for the PPP project for constructing Bay Terminal in Chattogram.

Apart from these, the day's CCGP meeting approved two cost variation proposals from the Road Transport and Highways Division and one proposal from the Ministry of Housing and Public Works.

Prior to the CCGP meeting, the 10th meeting on the Cabinet Committee on Economic Affairs (CCEA) in this year was held today virtually with Finance Minister AHM Mustafa Kamal in the chair.

The meeting approved a proposal in principle for signing a contract for importing some 6.60 lakh metric tons of urea fertilizer by the BCIC from SABIC Agri-nutrients Company, Saudi Arabia.


Bangladesh has urged Oman to invest in ICT, hi-tech parks, shipbuilding and tourism here and offered land in exclusive economic zones (EEZs).

Oman said an investment team from the country would visit Bangladesh to weigh the investment opportunities.

The issues were discussed at the second bilateral consultation between the foreign ministries of Bangladesh and Oman Thursday at the state guesthouse Padma.

Foreign secretary Masud Bin Momen and Sheikh Khalifa Alharthy, undersecretary for diplomatic affairs, led the Bangladesh and Oman delegations.

The two sides signed a mutual visa waiver agreement for diplomatic, official, special and service passport holders.

The discussions covered stock-taking of existing cooperation in manpower, bilateral trade and investment, agriculture, energy security and exchange of visits between trade bodies.

The new areas that came up in discussion included contract farming and food security, environment and climate change, ICT, blue economy, and shipbuilding industry.

The meeting took note of the need for establishing direct shipping links between the two countries' ports, increasing engagement of private sectors and business communities and agreed on business-to-business interactions and exchange of visits.

Both sides also agreed to form a Bangladesh-Oman Business Forum to augment bilateral trade and business.
They also showed interest in elevating bilateral ties to "comprehensive partnership" from "friendship and cooperation" and agreed to formulate a time-bound and target-based roadmap to achieve the goals of the partnership.

This was the second bilateral consultation held in Dhaka under the memorandum of understanding (MoU) on Foreign Office Consultations signed between Bangladesh and Oman in 2015.
After the consultation, the Oman undersecretary paid a courtesy call on the Bangladesh foreign minister where they discussed issues of mutual interests.


Bangladesh and the Republic of Korea also agreed to deepen cooperation in trade and investment, infrastructure development, human resources development, defence, agriculture, fisheries and biotechnology, and regional and global issues of common interest and concern, including global peace and security and climate change.

Foreign secretary Masud Bin Momen and first vice-minister of foreign affairs of the Republic of Korea Choi Jong Kun led their respective delegation at the consultations.
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Highly praising Bangladesh’s development successes including graduation from LDC under the astute leadership of prime minister Sheikh Hasina, Korean vice-minister assured to continue their development cooperation to Bangladesh’s priority sectors for rapid socio-economic advancements.

The Republic of Korea also agreed to extend cooperation in diverse areas, including capacity building in frontier technology and cyber security, Technical and Vocational Education and Training (TVET), shipbuilding, and clean energy.

 
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Despite the ongoing Russia-Ukraine war and exclusion of some Russian banks from using the Swift global payments system, Bangladesh's merchandise shipments to the Russian zone have retained growth, thanks to the use of alternative routes and payment channels, exporters say.

When the war started on 24 February, it was assumed that Bangladesh's shipments of export goods would dry up because of disruptions in supply chains and payment systems.

However, data from the Export Promotion Bureau (EPB) show that the country's export earnings saw about 29% growth to 223.01 million in the markets of Russia, Ukraine, Belarus and Poland year-on-year in March of FY22.

The earnings amounted to $173.12 million in the same month of the last fiscal year.

Faruque Hassan, president at the Bangladesh Garment Manufacturers and Exporters Association (BGMEA), said, "We are all trying to maintain this market growth through the collective efforts made by stakeholders."

The buyers are trying to receive goods for the Russian market through alternative destinations, and they are also using alternative payment methods, he added.

Some buyers have withheld orders made for the Russian market, while some others have shifted Russian orders to other destinations. The fashion brand LPP is one such brand that has already shipped some goods to Poland instead of Russia, he added.

Pradip Nath, assistant general manager (Compliance & HR) at Interstoff Apparels Ltd, an apparel exporter to the Russian market, said, "We export some products for the Russian market and our shipments are going on despite this war."

The firm is conducting business through the Swedish buyer H&M.

However, Team Group Managing Director Abdulla Hil Rakib said, "My Russian buyers have already cancelled $3 million worth of orders, which were supposed to be shipped in June-July this year."

Besides, some $1.7 million worth of shipments have been deferred to July from April due to the vessel crisis, he also said.

If the war is prolonged, it will adversely affect the European economy as it is mostly dependent on Russia, he added.

Export growth in Poland is normal as it is a growing market, thanks to a number of Polish buyers, who are witnessing their gradual growth in businesses across Europe.

Explaining further, he said the Polish buyer LPP is one of the growing brands. It owns six brands, such as the fashion brand Inditex.

Another polish buyer, PEPCO, was established in 2004. Today the brand has over 2,200 stores across Europe, noted Abdulla Hil Rakib, who is also a director of BGMEA.

TAD Group managing director Ashikur Rahman Tuhin said the impact of the war will be more visible after 3-4 months as it takes 4-5 months to complete shipments of goods under an order.

Russia is the second largest market for the Spanish buyer Inditex, which has already temporarily closed its outlets.

Considering the safety of its customers and employees, H&M, the Swedish fashion giant, has temporarily suspended all sales in Russia.

Not only H&M and Inditex, but a number of brands temporarily closed their stores in Russia, which was reflected in the exports, said Tuhin.

He also said Russian buyers are making payments through Turkey and China, while some others are making payments through Singapore, he added.

According to Export Promotion Bureau (EPB) data, Bangladesh's export earnings amounted to $4.76 billion last month, exceeding the $3.54 billion target set for the month. The country's export receipts were $3.07 billion in March last year.


Bangladesh continues to maintain very close relations with Russia and it is "very difficult" for the country to try to "adjust" the relationship, even if anyone would like it to amid the current situation in Ukraine.

Talking to a small group of reporters on Monday, Foreign Secretary Masud Bin Momen conveyed that Bangladesh has taken its positions on the successive UN resolutions in line with its "historical relations" with Russia.

Foreign Secretary Masud recently visited the United States and accompanied Foreign Minister Dr AK Abdul Momen at the bilateral meeting with US Secretary of State Antony Blinken at the US State Department on 4 April.

The foreign secretary also led the Bangladesh delegation at the 8th Bangladesh-US Security Dialogue held in Washington.

The Russia-Ukraine war was discussed in the regional and international contexts and Bangladesh conveyed its position to the United States (US), highlighting Bangladesh's relations with Russia which are still extensive and close.

The foreign secretary also said Bangladesh will continue to focus on its economic priorities like the Rooppur project, which Bangladesh wants to complete.

He reiterated that Bangladesh wants to have friendly and diversified relations with all countries.

 

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Exporters of the country are going to get direct shipping to two more European destinations – Rotterdam in the Netherlands and Barcelona in Spain – as three ships start operating from Chattogram port on 20 May.

The ships of Reliance Shipping and Logistics – the MV Spica, MV Andromeda J, and MV Music – will leave Chattogram every 15 days with export goods.

The Chattogram Port Authority (CPA) and exporters say this is good news for the country's exports. The sooner there is direct shipping to the United States and other European countries as well, the better it will be for the country's economy.

According to the CPA, direct shipping to Portugal, Slovenia, and the Middle East will also be launched soon.

Countries of the European Union use each other's territories and ports and there is scope for transporting goods from one country to another by road. As such, any cargo shipped to a European country from Chattogram port can be delivered to other European destinations by road.

On 7 February, the MV Songa Cheetah with 951 TEU (twenty-foot equivalent unit) containers set sail for the Italian port of Ravenna. Italian shipping company Kalypso Compagnia di Navigazione SPA Italy is transporting Bangladeshi exports by two container vessels: the Songa Cheetah and the Cape Flores – both operated by Reliance Shipping.

Reliance Shipping Chairman Mohammad Rashed said the ships will reach their destinations in 20 days from Chattogram.

Currently, Europe-based container ships from Chattogram pass through Singapore, Colombo, Tanjung Pelepas and some transshipment ports in China before reaching major European ports such as Rotterdam, Antwerp, and Hamburg.

As such, it takes about 40 days for goods to reach Europe via various transshipment ports. When the three ships start operating to the Netherlands and Spain, delivery time will be reduced to 20 days. The shipping sector is expected to reduce the cost of transporting goods by about 30-40%.

According to Marine Traffic, the German flagged ship, the MV Spica, has a container capacity of 749 TEUs, the Cyprus flag bearing MV Andromeda J can handle 850 TEUs, and the container capacity of the Portuguese flag carrier, the MV Music, is 803 TEUs.

CPA Secretary Omar Farooq said on Sunday that the chairman of the port authority had approved a ship to operate on European routes. The ship will operate directly from Chattogram Port to Rotterdam Port in the Netherlands and Barcelona Port in Spain.

Rear Admiral Mohammad Shahjahan, chairman of the CPA, in an exchange of views with journalists on the occasion of the 135th founding anniversary of the port, also spoke about direct shipping to European and other countries.

M Shahjahan said several countries have expressed interest in signing memorandums of understanding (MoUs) for direct shipping to Europe. These include Portugal, Slovenia, and various countries in the Middle East. He said direct container shipping to these destinations will begin soon and applications from organisations interested in launching direct shipping services are being considered on a priority basis.

He said the CPA will provide all out cooperation for direct cargo transportation to Europe which will benefit exporters as well as brighten the image of the country. Cargo will be able to reach foreign buyers in less time if direct shipping increases, reducing freight costs substantially, and also saving time in delivery of goods. This will help Bangladeshi products do good business in the world market.

According to the Bangladesh Garment Manufacturers and Exporters Association (BGMEA) and the Shipping Agents Association, about 82% of Bangladesh's total exports are garments. Notably, 51% of Bangladesh's exports go to Europe.

BGMEA Vice-President Rakibul Alam Chowdhury said new shipping with European countries has created great potential for the country's exports. This is a great achievement for Bangladesh and it must be ensured that this service is not disrupted.


Prime Minister Sheikh Hasina on Monday sought to continue procurement of LNG from Qatar for a long term period.

"Bangladesh is currently purchasing LNG from Qatar. We want it to continue for a long term period," she was quoted as saying.

The prime minister expressed the desire when newly appointed ambassador of Qatar to Bangladesh Seraya Ali Al-Qahtani paid a courtesy call on her at PM's official Ganobhaban residence here.

PM's Press Secretary Ihsanul Karim briefed reporters after the meeting.

In reply, the Qatar envoy hinted the existing 15-year deal on LNG procurement with Bangladesh could be extended for a longer term.

Welcoming the envoy of Qatar in Bangladesh, the PM hoped that the bilateral ties and cooperation between the two countries would further be consolidated in the days to come.

The envoy mentioned that Bangladeshi workers have been working efficiently to build stadiums in Qatar to host the upcoming Football World Cup-2022 scheduled to kick off November next.

The prime minister conveyed greetings to the Emir of Qatar and its prime minister.

The Qatar ambassador said the relation between Bangladesh and Qatar would be a historic one in future.

PMO Senior Secretary Md Tofazzal Hossain Miah was present at the meeting.

A process is on to sign several deals between the two countries on avoidance of double taxation, visa waiver and cultural affairs.


Bangladesh and Norway have expressed interest in broadening economic partnership through trade, investment and maritime sector cooperation.

The two countries also discussed in particular the potentials for investments in offshore renewable energy.

Foreign Minister Dr AK Abdul Momen has briefed his Norwegian counterpart Annekin Huitfeldt about measures taken in building safety and green production facilities in the RMG sector.

The Norwegian Minister showed interest in the ship breaking industry and enquired about Bangladesh's plans concerning ratifying the Hong Kong Convention.

Momen held the meeting with the visiting Norwegian Foreign Minister in Dhaka on Sunday.

The newly appointed Norwegian Foreign Minister is on a two-day visit to Bangladesh as both countries celebrate the 50th anniversary of diplomatic relations this year.

Foreign Minister Momen gave an overview of the humanitarian crisis involving Myanmar's forcibly displaced Rohingya.

Minister Huitfeldt appreciated Bangladesh's hospitality on humanitarian grounds and acknowledged the priority the Rohingya themselves attached to their safe and dignified repatriation to Myanmar.

Earlier in the day, the Norwegian Foreign Minister visited the Rohingya camps in Cox's Bazar.

The two Foreign Ministers touched upon preparations for the next general elections in Bangladesh.

They underscored the overriding priority for an effective ceasefire in Ukraine and expressed concern over the humanitarian situation.

The two Foreign Ministers later spoke at a reception hosted by the Norwegian Ambassador to Bangladesh on Sunday evening to mark the 50th anniversary of diplomatic relations.



The cooperation between Bangladesh and Denmark will be strengthened further in different sectors including technology and energy marking the 50 years of relations between the two countries.

Visiting Danish Crown Princess Mary Elizabeth and Danish Minister for Development and Cooperation Flemming Moller Mortensen paid a courtesy call on Prime Minister Sheikh Hasina at the latter's official residence Ganobhaban.

PM's press secretary Ihsanul Karim briefed reporters after the meeting.

"A new phase of cooperation has started and Danish entrepreneurs are interested in investing in Bangladesh," the Danish minister was quoted as saying.

In a separate development on Monday, Bangladesh Foreign Minister AK Abdul Momen and Danish Minister Flemming Moller Mortensen signed a Framework Document on Sustainable and Green Engagement.

The document focuses on climate change adaptation and mitigation, environmental damage and loss of biodiversity in the framework of the 2030 Agenda for Sustainable Development and the Paris Agreement on Climate Change, said a joint statement after the signing ceremony.

Noting that the Danish minister visited Bangladesh some 39 years ago, he said he now can see how the changes are taking place here. Bangladesh has become a role model (for development).

He said Bangladesh under the leadership of Sheikh Hasina has earned high-level respect in the international community.

They appreciated Bangladesh for the education of Rohingya children in different camps.

The Crown Princess informed the PM that they would visit Rohingya refugee camps in Cox's Bazar.

About the Rohingya issue, Sheikh Hasina said Bangladesh developed Bhashanchar (island) for life and livelihood of the Rohingya people and many steps were taken for the labour welfare there.

Besides, climate and women empowerment issues came up for discussion in the meeting.

Hasina said Bangladesh is a climate vulnerable country and the government formed a climate trust fund and took some special programmes to address the issue.

About empowerment of women, she said they are now working in every sector including games and sports in Bangladesh.

Princess Mary Elizabeth arrived in Dhaka on Monday morning on a three-day visit to Bangladesh. She will also meet the Rohingyas in the refugee camps and host community in Cox's Bazar.

Mary Elizabeth, the wife of Danish crown prince Frederik, will go to Satkhira to meet the climate vulnerable people and visit the multipurpose cyclone shelter centres there.


 

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The Preferential Trade Agreement (PTA) signed between Bangladesh and Bhutan will be effective from the next financial year, said officials privy to the matter.

The Bhutanese Ministry of Foreign Affairs has requested Bangladesh to make it effective from 1 July as all the processes including approval have been completed in the Bhutanese Parliament.

Dhaka signed the PTA with Thimphu on 6 December last year, which is Bangladesh's first bilateral trade agreement with any country.

The Ministry of Foreign Affairs has requested the Ministry of Commerce to take the necessary steps to make the agreement effective from 1 July, as proposed by Bhutan.

Under the PTA, 10 Bangladeshi products, including readymade garments, will get duty free access to the Bhutanese market, while 16 Bhutanese items will get the same preference in the Bangladesh market.

The two neighbouring countries can add more items to the list.

Bangladeshi products that will be covered under the PTA are baby clothes and clothing accessories, men's trousers and shorts, jackets and blazers, plywood, particleboard, mineral and carbonated water, green tea, orange juice, pineapple juice, and guava juice.

Bhutanese products that will get duty free access to the Bangladesh market include milk, natural honey, wheat or meslin flour, homogenised jam preparations, fruit jellies, marmalades, soybean food preparations, mineral water and carbonated water, wheat bran, quartzite, cement clinker, portland cement, soap, wooden particle boards, ferrosilicon, iron bars and rods, and non-alloy steel and wooden furniture.


Bangladesh and other LDC members will likely remain silent in Monday's meeting of the World Trade Organisation (WTO) General Council over Russia's communication in response to Western trade sanctions.

"Two groups [Russia and anti-Russia] of WTO members submitted communications against each other. The documents are circulated for discussion at the WTO General Council (GC). According to the latest notification provided by the GC for its meeting scheduled for 9 May, only the communication from the Russian Federation appears under agenda," said Md Al Amin Parmanik, economic minister at the Permanent Mission of Bangladesh in Geneva, in a letter to the foreign ministry on 4 May.

The WTO deals with trade policy issues but the submissions have political implications. As the agenda suggests, in the forthcoming GC meeting, it is most likely that many members will discuss the conflicting issues from politically sensitive angels, he also said.

The LDC group has been silent on these conflicting issues and no LDC member is making any intervention. Bangladesh may follow the LDC group and many other developing country delegations at the WTO and may remain silent without making any intervention on these issues, he pointed out.

In response to Russia's invasion of Ukraine on 24 February, 13 countries, including those in the European Union, the United States, Canada, Australia, Japan and South Korea, imposed trade and investment sanctions against Russia and Belarus.

Later, in support of the sanctions, the WTO issued a joint statement although it goes against its Most Favoured Nation policy, which is based on the idea that countries should treat all their trade partners equally and that no one country should be "more favoured".

Referring to the Russia's communication to the WTO, Russia in a letter to Bangladesh said, "It is unacceptable to restrict the rights and legitimate interests of the Russian Federation within the international trade system, therefore the Russian side calls on the Bangladeshi side to support communication, including through its permanent representative in the WTO."

Hafizur Rahman, director general at the commerce ministry's WTO cell, told The Business Standard on Sunday that Bangladesh will not take sides on Russia's communication in the WTO General Council's meeting. The LDC group might be neutral in this case as well.

In the letter to Bangladesh, Russia said there are voices proposing that Russia be "expelled" from the WTO or its membership rights be suspended against the WTO rules.

Unilateral unjustified withdrawal of the most favoured nation treatment for Russian goods and services or even public discussion about revocation of this treatment severely defies the fundamental WTO principle of non-discrimination, Russia said in the statement.

"Eventually, all members will be affected if we get into a vicious circle of introducing mutual retaliatory measures, thereby making the applicant of WTO agreements largely sporadic and, therefore, deficient," it noted.

Earlier, in the joint statement of the US, the United Kingdom, Norway, North Macedonia, New Zealand, Montenegro, Moldova, South Korea, Japan, Iceland, the EU, Canada and Australia, issued by the WTO on 15 March, the countries said, "We will take any action as WTO members that we consider necessary to protect our essential security interests. These may include actions in support of Ukraine, or actions to suspend concessions or other obligations with respect to Russia, such as the suspension of most-favoured-nation treatment to products and services of the Russian Federation."

The countries that have signed a joint statement against Russia in the WTO are Bangladesh's main export markets. The EU, the US, the UK, Canada and Japan account for more than 70% of Bangladesh's total export earnings. Bangladesh enjoys a duty-free export facility to all these countries except the US.

 

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At the height of the Cold War in 1981, Tanzanian President Julius Nyerere quoted an African proverb at the Commonwealth conference: “When elephants fight, it is the grass that suffers”, which was recently echoed by Singapore Prime Minister Lee Hsien Loong, who added that, “when they make love, the grass suffers also”. However, this conventional wisdom seems flawed in the case of the China-India rivalry for regional influence in Bangladesh. Instead of losing—Bangladesh boasting South Asia’s second-largest economy—is reaping the benefits so far.

During its early years, Bangladesh suffered through military coups and economic stagnation. These conditions kept Bangladesh isolated globally for decades. China, before launching its massive infrastructure connectivity program—the Belt and Road Initiative—had exhibited little interest in South Asia beyond its long-standing alliance with Pakistan. No other extra-regional powers showed serious geopolitical interest in Bangladesh either. The absence of major powers served to further strengthen India’s position in Bangladesh, in addition to its geographic proximity, as well as the role it played in helping Bangladesh gain independence from Pakistan. Bangladesh, however, had always intended to expand its engagement with other international actors, which did not materialize until China’s entry as a major player in South Asia.

Defence cooperation has been the main building block in the Sino-Bangladesh relationship. China's economic footprint in Bangladesh is a relatively new and an ever-expanding dimension of their bilateral relations. Since the early 1980s, the two armed forces have engaged in frequent high-level official visits and have held joint training and exercises to strengthen cooperation. China has become Bangladesh’s top source of military hardware. Dhaka, likewise, is China's second-largest arms export destination, behind only Pakistan. In the 2010–2019 period, China accounted for 72 percent of Bangladesh's total arms imports.

Greater momentum came in 2013, with the launch of China's Belt and Road Initiative (BRI). Dhaka formally joined the BRI during President Xi Jinping’s visit to Bangladesh in October 2016, when relations were upgraded to a strategic partnership. The visit also saw China pledging investments totaling $38.05 billion, roughly equal to 10 percent of Bangladesh's gross domestic product—the largest sum ever pledged to Bangladesh by a single country. China has become Bangladesh’s largest trading partner, direct foreign investor, trade importer, and military hardware supplier. In 2020, China also granted duty-free access to its market for 97 percent of Bangladeshi products.

This large amount of Chinese investment and increasing defence cooperation with Dhaka made New Delhi feel it was falling behind. In response, India has deployed a wide variety of tools—rather asymmetric but significant—to counter China’s influence. In 2017, India announced a $4.5 billion Line of Credit (LOC) for Bangladesh—the largest amount ever committed by India to Bangladesh—though the disbursement rate has been extremely slow. New Delhi also expressed interest in offering submarine training for the Bangladesh Navy. Besides offering incentives, India has also used other means to caution Bangladesh not to align itself to closely with Beijing. For instance, after Bangladesh purchased two Ming class Type 035G submarines from China in 2017, India responded by ‘gifting’ a submarine to Myanmar—a country that Bangladesh has traditionally had frosty relations with—in a move likely meant to signal New Delhi’s displeasure with Dhaka.

Being a fraction of China’s economic size, India is unable to compete with China on the economic and security front. Instead, India has been leveraging on its long-standing cultural and political ties with its neighbour. Relations between the two countries’ political, cultural, and civil society elites offer India unmatched access to all levels of Bangladeshi society. The Indian state of West Bengal in particular, shares the same culture and language as Bangladesh, and has played an instrumental role in improving bilateral relations. In recent years, India has revived historical ties, reinforced cultural linkages, and increased diplomatic exchanges at an unprecedented level. This has created a certain degree of leverage in New Delhi’s favour.

While China and India seek to expand their influence in the Bay of Bengal, Bangladesh is using both to make necessary improvements to its economy and military. As the China-India strategic rivalry intensifies, both countries are doubling down on their approach to bring strategically located Bangladesh into their own orbit.

China, along with increasing investment and defence support, may also open its economy to billions of dollars in imports from Bangladesh, which will help Dhaka to diversify its exports to new destinations beyond North America and Europe. India, for its part, has been ramping up its strategic cooperation with the United States and Japan under initiatives like the Free and Open Indo-Pacific Strategy and Quadrilateral Security Dialogue, which has helped to address some of India’s traditional shortfalls, such as a lack of capital. Japan, a traditional infrastructure investor, now increasingly collaborates with India in Bangladesh in an attempt to counter China’s regional influence.

However, Bangladesh has recognised that both India and China will be primarily self-serving in their investments. To avoid being a passive victim of this geopolitical competition in the Bay of Bengal, Bangladesh is using its geo-strategic position tactfully. Dhaka has pursued strategic ambiguity, maintaining good working relations with both China and India, which is crucial for its stability and development. In recent years, Dhaka has also reached out to Washington proactively as a “third-way-balancing” effort that aims to use US-Bangladesh ties as leverage to set better terms with both China and India, diffuse tension, and reduce dependency on both Asian powers.

Anu Anwar is a Fellow at the Faculty of Arts and Sciences, an associate in research at the Fairbank Center for Chinese Studies, Harvard University, and a Ph.D. student at the Johns Hopkins University School of Advanced International Studies.


 
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