Diplomatic
Diplomatic
Bangladesh invites Kuwaiti entrepreneurs to invest in economic zones
Staff Correspondent: Bangladesh has invited Kuwaiti entrepreneurs to invest in its special economic zones, with the Bangladesh Economic Zones Authority (BEZA) aiming to establish 100 zones by 2030 to attract foreign direct investment (FDI). The Bangladesh Ambassador to Kuwait, Major General (retd.) Md Ashikuzzaman extended this invitation during a reception…
Read More »South Africa eyes closer ties with Bangladesh
Special Correspondent: South Africa is set to deepen its engagement with Bangladesh across multiple sectors, as the African nation, a BRICS member, positions itself as a future economic giant, said Md Solaiman Alam Seth, Honorary Consul of South Africa in Bangladesh. In an interview commemorating South Africa’s Freedom Day, Seth…
Read More »Bangladesh, Qatar sign 5 agreements, 5 MoUs
Staff Correspondent: Bangladesh and Qatar yesterday signed five agreements and five memorandums of understanding (MoUs) to enhance mutual cooperation between the two countries.The agreements are: avoidance of double taxation and prevention of fiscal evasion with respect of taxes in income between Bangladesh and Qatar, cooperation in legal field between the…
Read More »Bangladesh eyes unexplored RMG markets in Brazil
Rafiqul Islam Azad : Bangladesh is seeking to tap into the untapped Readymade Garments (RMG) market in Brazil to reduce the widening trade gap between the two countries, according to sources.A senior official in the Ministry of Foreign Affairs informed this correspondent that during a recent meeting between Brazilian Foreign…
Read More »Bangladesh to trade by yuan with China
Mahfuz Emran : Bangladesh is going to start direct transactions with China to increase transactions in alternative currencies to the dollar. For this, Bangladesh Bank is opening an account in the country’s central bank People’s Bank of China. At the same time, initiatives have been taken to join China’s CIPS…
Read More »Renew Ganges treaty, sign Teesta treaty with guarantee clause: IFC
Staff Correspondent : The International Farakka Committee on Saturday urged Dhaka and Delhi to renew the Ganges Water Sharing Treaty and sign a treaty on the Teesta with guarantee and arbitration clauses. Announcing a joint statement issued by the IFC Prof Jasim Uddin Ahmed, President of the International Farakka Committee,…
Read More »Over 58,000 immigrants facing jail term in Saudi
Rumi Sayeed, Jeddah : The Saudi law enforcing agencies prosecuted 58,365 people, arrested during a month-long operation. Most of them are facing different terms in jails.Saudi Arabia’s law enforcement agencies have arrested more than 19,500 migrants for violating housing, labor and security laws in a week-long operation.On Sunday (February 25),…
Read More »Bangladesh-Kuwait trade set to surpass $1 billion annually: Ambassador
Special Correspondent: In a bid to diversify their export destinations, Bangladeshi exporters are urged to consider tapping into the Kuwaiti market, which has shown a growing appetite for finished products such as readymade garments (RMG), newsprints, pharmaceuticals, and ceramics. Ambassador of the State of Kuwait to Bangladesh, Faisal Mutlaq H…
Read More »Trade potentials between Pak-Bangladesh untapped
Zarif Mahmud : The bilateral trade between Bangladesh and Pakistan was only $543.90 million in the fiscal year 2021-22. Out of the total trade, Bangladesh exported $50.54 million worth of goods to Pakistan, while its imports from Pakistan totaled $493.36 million.Bangladesh and Pakistan together make up five percent of the…
Read More »Myanmar military rule benefits only China
Enayet Karim : When a country is united and strong, no one can use and control the country to their advantage. But if it becomes weak and divided like Myanmar, the country will be exploited. China’s actions in Myanmar since the coup clearly illustrate how superpowers exploit the political crises…
Read More »