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Dhaka, Colombo exploring possibility of FTA

As bilateral trade jumped by 67%, Sri Lanka and Bangladesh have begun exploring the possibility of a historic Free Trade Agreement (FTA). And while it would be the first ever FTA for Bangladesh, for Sri Lanka, it is no less than a single entry-point for a huge regional economic corridor. “There are so many sectors where both countries have their own comparative advantages-in some Sri Lanka is strong, in some others, Bangladesh is strong. I bd-Lankahope that this Free Trade Agreement-at least, the possibility of signing it, will bring the two co...

Bangladesh NDC team arrives in Sri Lanka

A delegation of 32 service personnel from Bangladesh National Defence College (NDC), headed by Rear Admiral Muhammad Anwarul Islam currently in Sri Lanka on a familiarization tour as part of their curriculum, called on Major General Sumedha Perera, Director General General Staff at the Army Headquarters, Colombo on Friday (12). Sri Lanka Air Force (SLAF) has extended the invitation for this visit as a token of goodwill and bilateral relations. NDC SLThe delegation on arrival at the Army Headquarters was received by Major General Sumedha Perera ...

India to launch shipping service to Myanmar, Bangladesh

India will soon launch regular shipping service to Myanmar and Bangladesh, a move that would help strengthen ties with the two immediate neighbours. While Shipping Corporation of India (SCI) is likely to start fresh shipping lines to run container ships between India and Myanmar in October, sources said commercial trial run of vessels on India-Bangladesh coastal routes will begin in the same month. Officials said that the regular coastal shipping between Bangladesh ports and India’s eastern ports such as Paradip and Haldia may commence by this year-end. ship brea... </div><!-- .entry-content --> </article><!-- #post-## --> <div class=

North Korea imports from Bangladesh in FY 2014

The North Korea spent over US$146,000 to buy medical supplies from Bangladesh in the fiscal year 2014, the Washington-based Radio Free Asia (RFA) reported, citing trade statistics from the Bangladeshi Export Promotion Bureau. The figure is more than double the $68,000 tallied in the fiscal year 2013. The country closes its books in June. The North likely chose Bangladesh as its trading partner because the latter can copy patented drugs and sell them abroad for now as per an international agreement brokered by the World Trade Organization, the Dhaka office of the Korea Trade-Investment Promotion Agency said.

Sonadia Port dilemma: Is the US Navy the answer?

Bangladesh faces a tough challenge in going ahead with plans to set up a deep seaport at Sonadia due to various implications for both national security and regional stability. The naval strategies of China, India, and the United States are on a collision course, as all three naval powers are vying for a strategic presence in the Bay of Bengal. A presence in the Bay is aimed at furthering the strategic objectives of these external powers in the Indian Ocean and the Pacific, including the positioning and counter-positioning of naval fleets, establishing naval bases and surveillance stations, and ensuring accessibility to key ports via joint naval exercises.

Bangladesh can learn from China’s response to quake    

The prompt response of the Chinese government to the strong earthquake in Yunnan Province and its effectiveness and openness were highly appreciated by Bangladesh experts and leaders including Prime Minister Sheikh Hasina. Mahbuba Nasreen, director of Dhaka University’s Institute of Disaster Management and Vulnerability Studies, said, “what was much impressive to me this time was the way China responded to the quake,” adding that Bangladesh should take some lessons from China, reports Xinhua. quakeShe said, “They are well planned because they have ample re...
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