[🇧🇩] Bangladesh's Look East Foreign Policy and ASEAN.

[Old School]

You speak the God's honest truth brother.

Sheikh Mujib did one misdeed is that he turned the official language to Bengali in Bangladesh.

Some say this was RAW saazish to turn back the clock 50 years in Bangladesh.

Azadi le kar Bharti ka ghulam ban gaya.

Even preschoolers speak Hindi now in Bangladesh.

BTW I love Taj Hashmi - for the same reasons the Modi boot-lickers in Bangladesh hate him.

Too many Modi-shills in Bangladesh.

HuMu Ershad removed English from higher studies; since then, Bengali people are proud of not knowing Enhlish. That guy never took part in any war while collecting his salaries in the Pak Army. It was a big surprise how he managed to get permanent status in the Amry because he was originally recruited on temporary basis and he never went to the military academy. The pro-Soviet-Indian leftists were behind this plot to remove English.

 

[Bilal9]

HuMu Ershad removed English from higher studies; since then, Bengali people are proud of not knowing Enhlish. That guy never took part in any war while collecting his salaries in the Pak Army. It was a big surprise how he managed to get permanent status in the Amry because he was originally recruited on temporary basis and he never went to the military academy. The pro-Soviet-Indian leftists were behind this plot to remove English.

Correct on all counts. Ershad was a rank womanizer as well. His deal was expensive whiskies and designer garb. Older retired senior army guys still talk about his $8,000 bespoke suits from high street tailors in London back in the day, which would cost three times as much now.

All show and no go.

 

[Old School]

Correct on all counts. Ershad was a rank womanizer as well. His deal was expensive whiskies and designer garb. Older retired senior army guys still talk about his $8,000 bespoke suits from high street tailors in London back in the day, which would cost three times as much now.

All show and no go.

That is bad propaganda. My uncle worked with him in Pak army in the 1960s and met him in London in the 80s. Uncle told me that despite having money Ershad's taste was always so poor he used shop from Marks and Spencer which is a poor people's place in UK.

 

[Bilal9]

That is bad propaganda. My uncle worked with him in Pak army in the 1960s and met him in London in the 80s. Uncle told me that despite having money Ershad's taste was always so poor he used shop from Marks and Spencer which is a poor people's place in UK.

I have been fed some stories then. Right you are.

 

[Saif]

ICC Bangladesh urges ASEAN to reduce trade gap

The International Chamber of Commerce Bangladesh leaders, in a meeting on Thursday, urged ambassadors of the Association of Southeast Asian Nations to reduce trade gap...

www.newagebd.net

ICC Bangladesh urges ASEAN to reduce trade gap​

Staff Correspondent | Published: 22:37, Mar 07,2024

The International Chamber of Commerce Bangladesh holds a meeting with ambassadors of the Association of Southeast Asian Nations at the ICC headquarters in the capital on Thursday. — Press release photo.

The International Chamber of Commerce Bangladesh leaders, in a meeting on Thursday, urged ambassadors of the Association of Southeast Asian Nations to reduce trade gap between Bangladesh and ASEAN countries.

During the meeting, at ICC Bangladesh headquarter in Dhaka, president of the organisation Mahbubur Rahman said that there was a huge market for Bangladesh in ASEAN nations, according to a press release on the day.


In 2020, Bangladesh imports goods worth nearly $7.0 billion from 10 ASEAN countries – Brunei, Cambodia, Indonesia, Laos, Malaysia, Myanmar, the Philippines, Singapore, Thailand and Vietnam.

Bangladesh’s exports to the ASEAN countries are still very paltry, less than $1.0 billion annum.

The ambassadors were urged to use their good offices for increasing imports from Bangladesh to reduce the trade gap.

Haji Haris Bin Othman, high commissioner of Brunei Darussalam to Bangladesh, pointed out that the agro-based products and meat were potential products for export to Brunei.

Haznah Binte Md Hashim, high commissioner of Malaysia to Bangladesh, said that Malaysia had huge investment in Bangladesh and they were looking forward to increasing investment there.

She pointed out that the tax regime in Bangladesh impeded investment from Malaysia.

ICCB vice president Naser Ezaz Bijoy said that Bangladesh could be an important development partner and acted as the bridge between South and ASEAN nations because of its location.

He hoped that the ambassadors would promote connectivity and encourage visits by business delegations from ASEAN and vice versa for promotion trade and investment in Bangladesh.

The meeting was also attended by Leo Tito L Ausan Jr, ambassador of the Philippines to Bangladesh, Md Fazlul Hoque, ICC Bangladesh executive board member, Panom Thongprayoon, minister counsellor, Royal Thai Embassy, ICC Bangladesh secretary general Ataur Rahman, ICC Bangladesh general manager Ajay Bihari Saha and deputy general manager Syeda Shahnewaz Lotika.​

 

[Saif]

আসিয়ানের সদস্য হতে মালয়েশিয়ার সমর্থন চাইলেন ড. ইউনূস

 

[Bilal9]

আসিয়ানের সদস্য হতে মালয়েশিয়ার সমর্থন চাইলেন ড. ইউনূস

I believe Bangladesh can get observer membership, but not become a full member.

ASEAN Membership I believe depends on geography, Bangladesh is not part of ASEAN geographical area. ASEAN area stops where Myanmar western border is, just East of Bangladesh.

 

[Saif]

I believe Bangladesh can get observer membership, but not become a full member.

ASEAN Membership I believe depends on geography, Bangladesh is not part of ASEAN geographical area. ASEAN area stops where Myanmar western border is, just East of Bangladesh.

I thought Bangladesh was looking for full membership of ASEAN. Actually Khaleda Zia in 2002-03 visited Thailand to garner political support from them to gain full membership of ASEAN.

 

[Saif]

Bangladesh and ASEAN: A bridge too far?

Bangladesh seeks stronger ties with ASEAN but faces challenges in governance.

www.thedailystar.net

Bangladesh and ASEAN: A bridge too far?

Chief Adviser Muhammad Yunus receives Malaysian Prime Minister Anwar Ibrahim at the Hazrat Shahjalal International Airport in Dhaka on October 4, 2024. Photo: CA’s Press Wing

It seems that recently, Bangladesh has been trying to redefine its foreign policy with a pivot towards Southeast Asia, signalling its intent to strengthen diplomatic and commercial ties with countries in the region. Bangladesh's strategic decision to align itself more closely with the Association of Southeast Asian Nations (ASEAN) highlights the country's desire to diversify its foreign relations and assert itself as a regional player. The move reflects a more pragmatic approach in Bangladesh's quest for economic growth and geopolitical relevance, but it also exposes deep-seated challenges that could impede its progress towards ASEAN membership.

Bangladesh's foreign policy has long been characterised by the guiding principle of "friendship to all, malice towards none." Historically, this approach has resulted in an alliance structure heavily shaped by its reliance on India and its dependence on Western markets, particularly for its booming RMG industry. However, as the geopolitical landscape has evolved, Bangladesh has recognised the need to reduce its over-reliance on these traditional allies and diversify its economic and strategic partnerships. ASEAN, with its dynamic economies, strategic location, and integrated market, represents an attractive alternative.

For Bangladesh, the rationale behind this pivot is multifaceted. The global economic landscape is undergoing significant changes, and Bangladesh's reliance on Western markets for exports, primarily textiles, has made the country vulnerable to shifting trade dynamics and economic volatility. The growth trajectories of ASEAN economies offer new trade opportunities, and its collective GDP of over $3 trillion presents a significant opportunity for Bangladesh to tap into vibrant markets. Furthermore, ASEAN's focus on regional integration aligns well with Bangladesh's economic priorities, which include expanding foreign investment, increasing exports, and developing its infrastructure.

The desire to engage with ASEAN is not just aspirational but pragmatic. Bangladesh's position in South Asia, with its strategic access to the Bay of Bengal and its proximity to major global trade routes, offers ASEAN countries valuable partnerships. Moreover, Bangladesh's booming garment industry, which forms the backbone of its economy, complements ASEAN's manufacturing base, opening avenues for deeper economic collaboration. Beyond economic interests, Bangladesh's closer ties with ASEAN could amplify its voice in regional security and diplomatic matters as the country seeks to enhance its geopolitical influence.

However, the pathway to ASEAN membership is fraught with complexities. One of the most pressing challenges is Bangladesh's internal governance issues, which have raised concerns among both regional and international observers. In the past decade, Bangladesh has faced serious democratic setbacks, with three consecutive controversial elections marred by allegations of rigging, voter suppression, and a lack of political pluralism. The Awami League's dominance, often seen as authoritarian, had raised questions about the country's commitment to democratic principles. Bangladesh's inability to resolve these issues has not only tarnished its domestic political climate but also raised doubts about its readiness to join a bloc like ASEAN, which prioritises good governance, stability, and consensus-driven decision-making.

Corruption remains a significant hurdle. Bangladesh is consistently ranked among the most corrupt countries in the world, with systemic graft permeating nearly every level of government. Public institutions are plagued by inefficiencies, and economic opportunities are often hijacked by powerful elites with political connections. This corruption has stymied development, alienated foreign investors, and tarnished Bangladesh's international reputation. It is a reality that cannot be overlooked if Bangladesh is to have a serious shot at ASEAN membership.

In addition to governance challenges, Bangladesh faces concerns over migration and its potential impact on ASEAN member states. Historically, Bangladeshi migration has been predominantly directed toward Western countries, with millions of Bangladeshis living in countries like the US, UK, and the Middle East. However, if Bangladesh succeeds in joining ASEAN, this migration trend could shift, with many Bangladeshis opting to migrate to ASEAN countries, particularly the more developed ones like Singapore, Malaysia, and Thailand.

This potential increase in migration raises significant concerns about maintaining social cohesion within ASEAN, an organisation that places a high premium on regional stability and harmony. The influx of migrants could strain social services and trigger concerns about unemployment and ethnic tensions in host countries. ASEAN countries, with their diverse cultures, religions, and political systems, are highly sensitive to these issues, and Bangladesh must be proactive in addressing these concerns. Ensuring that migration is managed responsibly and does not burden ASEAN countries' social and economic systems will be crucial for Bangladesh's integration into the bloc.

Moreover, Bangladesh's pursuit of ASEAN membership is complicated by the unresolved Rohingya crisis, which could further strain its relations with some ASEAN members. Myanmar, a full member of ASEAN, has been a staunch opponent of Bangladesh's efforts to repatriate the Rohingya refugees currently living in Bangladesh. The ongoing political tensions over the Rohingya crisis could create significant friction within ASEAN, especially as Myanmar could oppose Bangladesh's accession to the bloc in retaliation for its criticism of Myanmar's handling of the crisis. The complex nature of ASEAN's decision-making process, which requires unanimous approval from all members, means that this could be a major stumbling block for Bangladesh's aspirations to join the organisation.

Despite these challenges, Bangladesh's engagement with ASEAN is not without merit. Bangladesh's growing influence within the region, coupled with its strategic geographic location, provides significant opportunities for collaboration. The country's burgeoning garment industry, along with its rapidly expanding infrastructure and manufacturing sectors, aligns with ASEAN's goals for regional economic integration. Furthermore, Bangladesh's commitment to climate change mitigation, sustainable development, and regional cooperation could offer synergies with ASEAN's broader strategic objectives. If Bangladesh can demonstrate that it is capable of resolving its internal governance issues, tackling corruption, and managing migration responsibly, it could become a valuable partner in ASEAN's quest for greater regional unity and economic stability.

The potential benefits of ASEAN membership for Bangladesh extend beyond economic considerations. Closer ties with ASEAN could open up new avenues for collaboration in areas such as technology, education, public health, and infrastructure. These partnerships would not only drive economic growth but also contribute to a more resilient regional landscape capable of addressing shared challenges. Bangladesh's engagement with ASEAN could also serve as a platform to amplify its voice in global discussions, particularly in forums like the United Nations and the World Trade Organization.

The coming years will be crucial in determining whether Bangladesh can navigate its complex challenges and successfully integrate into ASEAN, balancing its ambitions with the realities of governance, regional dynamics, and international diplomacy. For now, Bangladesh stands at a crossroads, with the potential to reshape its future and play a more prominent role in Southeast Asia—if it can overcome the obstacles that stand in its way.

Dr Rakib Al Hasan is a physician, author, activist & international award-winning youth leader of Bangladesh. He is the founder and executive director of the Centre for Partnership Initiative.​

 

[Saif]

Bangladesh must look east for trade expansion

Bangladesh should consider shifting its focus from the United States to regional markets to offset the risks of export loss due to tariff hikes by the Trump administration, economists said yesterday.

www.thedailystar.net

Bangladesh must look east for trade expansion
Say economists at PRI dialogue as country’s $6bn trade surplus with US at risk

China is the biggest source of capital surpluses in the world today — Prof Rehman Sobhan Chairman of the Centre for Policy Dialogue (CPD).

Bangladesh should consider shifting its focus from the United States to regional markets to offset the risks of export loss due to tariff hikes by the Trump administration, economists said yesterday.

The country enjoys more than $6 billion of trade surplus with the US; however, as a significant portion of the exports could now be affected due to higher tariffs, Asian markets, namely India and China, could serve as alternative export destinations, said analysts at a roundtable titled "Trade Policy in the Era of Tariff Shenanigans – Global and Bangladesh Perspectives."

The Policy Research Institute (PRI) organised the discussion at its office in the capital which was attended by economists, exporters and experts.

Speaking at the programme, Prof Rehman Sobhan, chairman of the Centre for Policy Dialogue (CPD), said Asia deserves all of Bangladesh's time and energy because this is where its future lies.

"Our goal should be to look east and within our neighbourhood. We have duty-free access to the Chinese market. We have duty-free access to the Indian market."

Prof Sobhan said the tariff situation might serve as a wake-up call, allowing Bangladesh to focus on future opportunities rather than dwelling on the past. Bangladesh should then explore how much of the potential $6 billion loss could be recovered by shifting to the Chinese and Indian markets.

He believes that the responsibility lies with Bangladesh to attract foreign investment and re-establish presence in the Asian markets. This process, he added, could ultimately lead to attracting American investors as well.

Prof Sobhan stated that his last calculations indicated approximately 70 percent of global capital surpluses, measured through foreign exchange reserves and sovereign wealth funds, were located in Asia.

"China is the biggest source of capital surpluses in the world today."

PRI Chairman Zaidi Sattar said the current tariff policy of Bangladesh is a major barrier to the diversification of exports because of the high tariffs in place. As a result, many manufacturers prefer to do business locally rather than export their goods to other countries where there is foreign competition.

He also believes Bangladesh's market needs to be orientated towards Asia as the 21st century is predicted to be an "Asian century," but these markets are not yet as readily accessible to Bangladeshi products as the US.

"Now we are talking about a $100 trillion global economy, with the United States accounting for one-quarter of that. Okay, but the rest of the world makes up 75 percent," PRI chairman added.

Anwar-Ul-Alam Chowdhury (Parvez), former president of the Bangladesh Garment Manufacturers and Exporters Association (BGMEA) said Bangladesh responded too soon to the Trump tariff and should have taken more time.

Shams Mahmud, managing director of Shasha Denims Ltd, said it's unlikely that increasing cotton imports from the US will significantly reduce the trade deficit and at the same time, the potential for further growth in exports to the European Union is limited

He went on to say that exporting man-made fibre garments to the US will face difficulties due to the new tariff measures implemented by the Trump administration.

A Gafur, director of Abdul Monem Economic Zone Ltd, stressed the importance of political stability and building capacity.

"The Japanese Honda company has been producing 8,000 to 10,000 units of motorcycles in the factory, housed inside of their economic zone," he mentioned.

Mustafizur Rahman, a distinguished fellow at the CPD, said more than $1 billion in tariffs will be imposed on Bangladesh under the new measure by the Trump administration.

Bangladesh may not be much benefited if it goes to the World Trade Organisation (WTO) for a settlement, as the trade dispute settlement mechanism in the WTO has been made dysfunctional over the last many years.

However, Bangladesh should hold bilateral discussions with the US on which items they prefer to enjoy the duty benefit on shipment to Bangladesh, he added.

Trade facilitation and logistics policy should be implemented for the greater interest of Bangladesh, and the revival of SAARC is also important, he also added.

Selim Raihan, executive director at the South Asian Network on Economic Modeling (SANEM), said Bangladesh needs to look into its own preparedness, like tariff policy, trade policy, foreign trade policy and investment policy for a better deal with the US.

The government should continue the reforms in different areas so that the trade environment is created, he added.​