• Jamaat leader, 2 activists killed
  • 4 dead in Kabul suicide attack targeting govt bus
  • Thai protesters force closure of 19 polling stations
  • US 'deeply disappointed' by jailing of China activist
  • First phase of Biswa Ijtema ends
  • Don't fear vaccines: PM
  • Model Pallab, six others held in city
  • Food in the sky? Highrise farming idea gains ground
  • Clashes kill nearly 50 as Egypt marks 2011 uprising
  • Tawfiq made PM’s adviser again
  • Draft broadcasting policy finalised: Inu
  • Govt keen on BCIM: Tofail
  • Four BNP top leaders get interim bail
  • Tk 16.40 cr looted from Sonali Bank in Kishoreganj
  • Drive by joint forces could be stopped if it hampers UZ polls: Shah Nawaz
  • Hindu house torched in Faridpur, idols vandalised in Manikganj
  • ECNEC approves 13 development projects involving TK 9,110cr
  • 21 dead as boat capsizes off Andaman and Nicobar islands
  • One of Thailand's anti-govt protest leaders shot dead
  • Rapist gets 46 yrs in prison in Kurigram
HOME  LATEST NEWS
  
Print Friendly and PDF

Govt keen on BCIM: Tofail

New Age Online

Bangladesh will benefit much if the sub-regional Bangladesh-China-India-Myanmar initiative progresses further, commerce minister Tofail Ahmed says, reports bdnews24.com.
“We cannot work with the SAARC and SAFTA the way we want to. I think, we will be benefited more if we can go ahead with the BCIM properly,” he said on Sunday.
BCIM is a regional grouping of Bangladesh, China, India and Myanmar.
The minister was speaking to a delegation of Dhaka Chamber of Commerce and Industry at the Secretariat.
Bangladesh formed South Asian Association for Regional Cooperation (SAARC) with six neighbouring countries. Afghanistan joined it later.
South Asian Free Trade Area (SAFTA) was formed to deal with business issues of the member countries.
But SAFTA faces criticism for failing to play an effective role in bolstering economic and business facilities among the member countries.
Interestingly, Tofail Ahmed's statement of optimism about BCIM comes immediately after his visit to Delhi, where he met both Prime Minister Manmohan Singh and National Security Adviser Shiv Shanker Menon.
Menon is a strong advocate of India-China friendship and worked hard to come up with a border defence cooperation agreement that seeks to control tensions on the disputed Himalayan border between the two Asian giants.
China joined India and Russia to support the Hasina government after the Jan 5 polls.
Discussions on BCIM forum got momentum last year after being discussed around for a decade.
Indian and Chinese prime ministers discussed the project last year during their visits to Beijing and Delhi last year.
Both countries decided to 'explore' the possibility of developing a BCIM economic corridor, alongside the Kolkata-Kunming highway through Bangladesh and Myanmar.
Last month, the BCIM forum decided to start 'joint research' on developing the proposed corridor.
Finance minister AMA Muhith had said China would be given greater priority than western countries and other traditional development partners of Bangladesh, not long after Beijing supported the Hasina government and said it would work with it after the Jan 5 polls.
Tofail Ahmed had gone to Delhi on Jan 16-17 to attend a summit of commerce ministers of the SAFTA where he discussed issues like transshipment with India.
“One fifth of the world’s population live in the SAARC countries but business is less than that. The main problem is connectivity.
“India, Afghanistan and Pakistan are discussing connectivity. Why should we be left behind?”
He said talks were on to take forward the BCIM.
The minister was hopeful of getting back GSP facilities the US suspended for Bangladesh by April.
Trade relation with India is not increasing even after so many initiatives because of duty embargo.
“India has given us duty free facility in all commodities except tobacco and alcohol. We export a lot to Europe and the US but we export products only worth $550 million to India.
“There are some tariff barriers in exporting products to India. If we fix the problems we will be able to export products worth $1 billion to the neighbouring country,” the minister said.




Reader’s Comment

comments powered by Disqus
   

First phase of Biswa Ijtema ends

-- File photo
The first phase of Bishwa Ijtema concluded Sunday with several million devotees attending the congregation of Akheri Munajat at the Ijtema ground and elsewhere... Full story

Govt keen on BCIM: Tofail

Bangladesh will benefit much if the sub-regional Bangladesh-China-India-Myanmar initiative progresses further, commerce minister Tofail Ahmed says... Full story

Tawfiq made PM’s adviser again

Tawfiq-E-Elahi Chowdhury has been appointed as the adviser to the prime minister Sheikh Hasina on power, energy and mineral resources affairs... Full story

Tk 16.40 cr looted from Sonali Bank in Kishoreganj

In a daring bank robbery, burglars have tunneled into the vault of Sonali Bank’s main branch in the district town and looted about Tk 16.40 crore... Full story

ECNEC approves 13 development projects involving TK 9,110cr

The Executive Committee of the National Economic Council (ECNEC) on Sunday approved 13 development projects involving a total of Taka 9,110 crore including learning and earning development project... Full story

Draft broadcasting policy finalised: Inu

-- File photo
Information minister Hasanul Haq Inu said on Sunday the draft national broadcasting policy has been... Full story

Drive by joint forces could be stopped if it hampers UZ polls: Shah Nawaz

Election commissioner Shah Nawaz said on Sunday it could ask the authorities to postpone the ongoing drive by the joint forces if it hampers the upazila council elections... Full story

Four BNP top leaders get interim bail

The High Court Sunday granted six months’ interim bail to BNP leaders Moudud Ahmed, MK Anwar, Rafiqul Islam Mia and Shamsur Rahman Shimul Biswas... Full story

Hindu house torched in Faridpur, idols vandalised in Manikganj

In separate incidents, miscreants torched a Hindu house in Faridpur and vandalised three idols in Manikganj early Sunday... Full story

Rapist gets 46 yrs in prison in Kurigram

A tribunal here on Sunday convicted a man and sentenced him to 46 years’ imprisonment for violating a girl in 2005... Full story

Model Pallab, six others held in city

Police detained seven people, including Pallab, a model and actor, along with fire arms from a residence in the capital's Rampura area early Sunday... Full story

Jamaat leader, 2 activists killed

A Jamaat-e-Islami leader and two Islami Chhatra Shibir activists have been killed in separate ‘gunfights’ with police in Jhenaidah and Satkhira... Full story

Don't fear vaccines: PM

-- New Age Photo
Prime minister Sheikh Hasina has launched the biggest-ever nationwide immunisation campaign... Full story

Clashes kill nearly 50 as Egypt marks 2011 uprising

Nearly 50 people were killed in weekend clashes that erupted during rival rallies marking the anniversary of Egypt's 2011 that toppled Hosni Mubarak, the health... Full story

21 dead as boat capsizes off Andaman and Nicobar islands

At least 21 people were feared dead after a boat capsized on Sunday off the Andaman and Nicobar islands... Full story

Thai protesters force closure of 19 polling stations

Thai anti-government protesters hold national flags as they parade to surrounded polling stations during a rally in Bangkok on January 26, 2014. Thai anti-government protesters surrounded polling stations as advance voting for controversial elections got under way, authorities said, raising uncertainty over whether the ballot will ultimately be held. – AFP Photo
Anti-government protesters forced the closure of 19 out of 50 polling stations in Bangkok Sunday after besieging buildings and blocking officials from entering to hold advance voting, Thailand's Election Commission said... Full story

One of Thailand's anti-govt protest leaders shot dead

A Thai anti-government protest leader was shot dead Sunday and several other people were injured as demonstrators blocked advance voting for a controversial general election... Full story

4 dead in Kabul suicide attack targeting govt bus

Afghan investigators inspect a damaged bus at the site of a suicide attack in Kabul on January 26, 2014. A Taliban suicide bomber killed at least four people in Kabul on January 26 when he targeted a Ministry of Defence bus, officials said, confirming three people in the vehicle and one female bystander had died. – AFP photo
A Taliban suicide bomber killed at least four people in Kabul on Sunday when he targeted a Ministry of Defence bus, officials said, confirming three people in the vehicle and one female bystander had died... Full story

US 'deeply disappointed' by jailing of China activist

The United States said it was ‘deeply disappointed’ by the jailing on Sunday of prominent Chinese legal activist Xu Zhiyong, who was sentenced to four years in prison for his role in anti-graft protests... Full story

Food in the sky? Highrise farming idea gains ground

French architect Vincent Callebaut poses in front of a picture of one of his futuristic projects on
Imagine stepping out of your highrise apartment into a sunny, plant-lined corridor, biting into an apple grown in the orchard on the fourth floor as you bid "good morning" to the farmer... Full story
  • Online Poll


    Do you think that the government has successfully brought back normalcy in public life after the January 5 elections?

    • Yes
    • No
    • No comment
    Ajax Loader