British International Investment (BII) has embarked on an ambitious plan of lending $450 million to Bangladesh over the next five years, finding that the country has a stable government and policy support for private sector development.
Bangladesh will seek to avail the GSP Plus facility, which will provide trade privileges after the country graduates from LDC status, during the 10th EU-Bangladesh Joint Commission meeting beginning in Brussels today.
US Ambassador at Large for International Religious Freedom Rashad Hussain travelled to Bangladesh on April 17-20. He visited the Rohingya camps in Cox’s Bazar, met government officials, civil society and youth groups in Dhaka. In a written email interview on May 5, he shared with The Daily Star the purpose of his visit and the message he left here or will communicate to Washington.
Bangladesh and Denmark have recently signed Sustainable and Green Framework Engagement to strengthen the partnership on climate and green transition. It happened in Dhaka during the three-day visit of Denmark’s Crown Princess Mary and Danish Minister for Development Flemming Moller Mortensen. Before leaving Dhaka on April 27, Mortensen shared his views on future cooperation between the two countries with The Daily Star.
After over two years of pause, Dhaka and Washington engaged in a series of dialogues early April when the two countries celebrated half a century of diplomatic relationship -- both promising to deepen the bond in the next 50 years.
Crown Princess Mary of Denmark will make a three-day visit to Bangladesh beginning April 25 as the two countries seek to deepen cooperation on climate change, especially regarding renewable energy, and blue economy.
When it comes to US-Bangladesh relationship, one naturally points to the global superpower’s pro-Pakistani role during the Liberation War in 1971. Then comes the infamous tag “basket case” for Bangladesh by the then Secretary of State Henry Kissinger.
Bangladesh should abandon the mentality of having a duty-free regime, cheap loans or foreign aid and focus instead on making products competitive by improving management efficiency, logistics and business environment as the country approaches graduation from the grouping of the least-developed countries (LDCs) in 2026.