European Union
How realistic is Bangladesh’s qualification for LDC graduation
Bangladesh’s export trade depends heavily on the EU and the US. Over 80 percent of total export earnings come from these two regions.
Favourable environment necessary to attract foreign investment
Economic development at the desired level is not possible in any way without investment. Even if a country is rich in natural resources, investment is needed to achieve prosperity through the use of those resources. Natural resources must be transformed and continuously modified to enhance economic utility. There are many countries in the world that are rich in natural resources, but due to lack of financial capacity to use those resources, they have to lease them to foreign companies. Foreign companies loot the natural resources of the country. Such situations have been observed in many African countries. Therefore, no dignified country wants to hand over its natural resources to the custody of another country.
Before signing an agreement with China, its preconditions must be verified
The Chief Adviser of the Interim Government, Dr. Mohammad Yunus, is scheduled to visit China on a four-day state visit on March 26. This will be Dr. Mohammad Yunus' first bilateral state visit to China since taking over the responsibility of state administration. While there are various reasons why Dr. Yunus' visit to China is significant, the most important aspect is strengthening bilateral economic relations. The visit is also politically significant, but it is expected that economic issues will take precedence. China's economic influence worldwide cannot be denied. At present, China is one of the largest financial aid providers globally. China has been generously providing financial assistance to various countries, including Sri Lanka and Bangladesh.
Public reaps rewards from Chittagong Port
Rear Admiral S M Moniruzzaman, OSP, NDC, NCC, PSC, is the Chairman of the Chittagong Port Authority. Over his extensive and diverse career, he has served in various important positions in the Bangladesh Navy, aboard ships, institutions, and naval headquarters. Since taking on the role of Chairman of Chittagong Port Authority, he has discussed various issues related to the port, including its challenges, potential, and plans. On behalf of Views Bangladesh, Anwar Hossain conducted an interview with him.
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.