First treaty with the US inked | The Daily Star
12:00 AM, May 30, 2020 / LAST MODIFIED: 12:00 AM, May 30, 2020

First year of Bangladesh Bangabandhu’s nation-building challenges

First treaty with the US inked

May 30, 1972

JUTE EXPORT NATIONALISED

The government has taken a decision to nationalise export of jute, informs Commerce Minister MR Siddiqi today at a meeting organised by the Bangladesh Jute Association. A Jute Export Corporation will be set up soon, he adds, which will handle all the exports of jute abroad. It will also explore new markets for Bangladeshi jute products. Existing jute exporters can work as agents of the Corporation. The main reason behind this government move, says the minister, is to check corruption in the jute sector and ensure fair price for jute producers.

TK 66 CR AMERICAN AID FOR BANGLADESH

Donald G MacDonald, deputy director of USAID, today informs that the US will provide Tk 66 crore as aid to Bangladesh. The two countries have already signed a treaty in this regard, he adds, which is the first of its kind since the US recognised Bangladesh. The fund can be used for procuring cotton and fertiliser, building dams in coastal areas and repairing roads, bridges and electricity distribution lines. The US will also provide food aid worth Tk 77 crore through the UN food aid programme, says the USAID official. Welcoming American assistance, Bangladeshi Foreign Minister Abdus Samad Azad says that it will help strengthen ties between the two countries.

CHATTOGRAM AND CHALNA PORT FULLY OPERATIONAL NOW 

Communication Minister M Mansur Ali declares today that Chattogram and Chalna ports are fully activated now. Container handling capacity of the two ports has now reached pre-war levels, he adds.  The Soviet salvage team has successfully removed mines from the port channels and made those accessible for incoming ships. They have also salvaged several sunken ships from the Chittagong Port area.

100 FRENCH TRUCKS FOR BANGLADESH

To improve the relief distribution system and strengthen transportation facilities in Bangladesh the French government will provide 100 trucks, shares the French Ambassador to Bangladesh Pierre Millet.  The trucks will reach Bangladesh in July, 1972.

SOURCE: May 31, 1972 issue of Dainik Bangla.                                                                                                                                        

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