European Union
European countries stand by Bangladesh for Rohingya repatriation: Foreign minister
The European Union and West European countries are on the side of Bangladesh to repatriate Rohingya refugees to their own country, said Foreign Minister Dr Hasan Mahmud on Thursday (May 2).
PM seeks Irish support to enjoy GSP in EU till 2032
Prime Minister Sheikh Hasina today (March 18) sought Ireland's support to extend transition period of GSP for Bangladesh in the European Union (EU) market till 2032 instead of 2029 to consolidate its economic growth momentum during the LDC post-graduation period.
Dhaka against EU's proposal to 'forcibly' rescue of MV Abdullah
The European Union Naval Force proposed a forceful rescue of Bangladeshi-flagged ship MV Abdullah and its crew members from Somali pirates. However, Bangladesh opted against any armed intervention.
PM Hasina portrays Bangladesh as proactive in development
Prime Minister Sheikh Hasina's participation in the 60th Munich Security Conference was of utmost importance in the current global context. Held in Germany, one of Europe's most powerful nations for the past 60 years, this conference has been a significant fixture. The journey of this conference began in 1963, with its early editions largely focused on the Western world, especially amidst the backdrop of the Cold War. The issues of security between the United States and the Soviet Union were paramount in the initial years of the conference. Following the conclusion of the Cold War, the Munich Security Conference saw an increase in participation from various countries. Security issues from different nations were discussed extensively. Russian President Vladimir Putin has participated in this conference multiple times, emphasizing the development of relations between Russia and the European Union as a crucial agenda.
Bangladesh needs to expand export markets beyond traditional routes
Another constraint on Bangladesh's export trade is its overreliance on a limited number of countries. Specifically, Bangladesh's export market has become heavily dependent on the United States and the European Union. However, there exist numerous other countries and regions to which Bangladesh could expand its exports with concerted effort. There are promising opportunities to export Bangladeshi products to Eastern European countries, as well as to Muslim-majority nations in the Middle East, and Russia, Japan, Malaysia, and Singapore. To tap into these markets, proactive initiatives are essential. Bangladeshi embassies situated abroad can play a pivotal role in identifying potential export markets. Encouragingly, there are signs of improvement in exports to new destinations, including Japan.
Regulation is needed to protect professional journalists: Arafat
Referring to France’s regulatory bodies to check misinformation and disinformation, State Minister for Information and Broadcasting Mohammad Ali Arafat today said though regulation can impede freedom of speech and media, but it’s needed for protecting professional journalists.
PM suggests common currency like EU’s euro for Muslim countries
Prime Minister Sheikh Hasina has suggested that the Muslim countries introduce a like the euro of the European Union to facilitate trade and commerce among them.
BGMEA demands tax waiver on recycled fibre
Bangladesh Garment Manufacturers and Exporters Association (BGMEA) has requested that the 7.5% Vat on the collection of raw materials and 15% VAT on supplying products to local spinning mills on locally recycled fibre be waived to attract more foreign investment.
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