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Int’l Relation

Dhaka refutes Indian press note on Delhi protest

Bangladesh today categorically rejected an Indian press note on the reported demonstration near its High Commission in New Delhi, questioning how protesters accessed a highly secured diplomatic zone and citing serious security lapses.

“Regarding the Indian press note, we completely reject it, entirely reject it. The issue has been presented as if it were very simple, whereas in reality it is not. Our mission is located deep inside the diplomatic area, not at the periphery,” foreign affairs adviser Touhid Hossain told reporters at the foreign ministry here this afternoon.

Yen loans backfire as Japan’s currency turns volatile

Bangladesh's strategy of borrowing in Japanese yen to avoid paying high dollar-based interest rates has started backfiring due to the currency volatility and rising interest rates in Japan.

The South Asian country has, for instance, ended up losing $13 million to exchange rate differences on a recent $600 million budget support loan from the Asian Development Bank, taken entirely in yen, according to a report in Bangladesh’s Business Standard newspaper.
Last year, too, the government t...

$1b Soybean deal strengthens US-BD agro trade

A consortium of Bangladesh’s top three soy crushing companies—Meghna Group, City Group, and Delta Agro—committed to the purchase of $1 billion of U.S. soybeans over the following twelve months.

The landmark agreement with the U.S. Soybean Export Council (USSEC), a trade association representing the interests of U.S. soybean farmers abroad, signals a growing export market for high-quality U.S. agricultural products in Bangladesh.
U.S. Chargé d’Affaires Tracey Jacobson welcomed the agreement, underscoring Ban...

Netherlands visa center in Dhaka launched

The Netherlands Embassy in Dhaka and VFS Global have launched a new, state-of-the-art Netherlands Visa Application Centre in Banani to enhance visa services for Bangladeshi travellers. [caption id="attachment_34421" align="alignleft" width="1599"] The Netherlands Embassy in Dhaka and VFS Global have launched a Netherlands Visa Application Centre in Dhaka. Photo: Collected[/caption] Netherlands ambassador to Bangladesh Joris van Bommel today inaugurated the centre that will facilitate sho...

China wishes stability, nat’l election in Bangladesh

Chinese Ambassador to Bangladesh Yao Wen today said that China sincerely wishes Bangladesh a smooth general election, social stability, and improved livelihoods for its people, reaffirming Beijing’s readiness to work closely with Dhaka in advancing shared development and modernisation goals.

“China sincerely wishes Bangladesh a smooth general election, social stability, and improved livelihoods for its people,” the envoy said while speaking at a seminar hosted by the Association of Former Ambassadors (AOFA) at the Foreign Service Academy in Dhaka. “China stands ready to work with Bangladesh to uphold a people-centred development philosophy, carry forward the spirit of independence and self-reliance, and jointly explore a path to modernisation that suits our respective natio...

Dhaka maintains balanced relations with US, China: Touhid

Foreign Affairs Adviser Md Touhid Hossain today reaffirmed that Bangladesh continues to pursue a balanced and pragmatic foreign policy, maintaining close ties with both the United States and China while safeguarding its national interests.

"There is nothing for anyone to worry about," Hossain told reporters at the Ministry of Foreign Affairs when asked about concerns expressed by the US regarding Bangladesh's growing engagement with China. "We have deep relations with the United States and extensive economic relations with China. I don't think there is any reason for concern, since we have maintained a balance," he said.
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