[🇧🇩] Strategic Aspect of Bangla-Japan Relation

[Saif]

Bangladesh now a unique example of growth and development: Commerce Adviser

Commerce Adviser Sk Bashir Uddin has said Bangladesh is now a unique example of growth and development in the world. “With extensive socio-economic development, the country now aspires to become an upper middle income country by 2031,” the adviser said, while speaking at a programme or

thefinancialexpress.com.bd

Bangladesh now a unique example of growth and development: Commerce Adviser
Published :
May 11, 2025 21:50
Updated :
May 11, 2025 21:50

Commerce Adviser Sk Bashir Uddin has said Bangladesh is now a unique example of growth and development in the world.

“With extensive socio-economic development, the country now aspires to become an upper middle income country by 2031,” the adviser said, while speaking at a programme organised on the occasion of “Bangladesh Day” of World Expo 2025 in Japan’s Osaka on Sunday afternoon.

He also mentioned that the growing young population and stable growth have elevated the people of the country to a level of prosperity, reports UNB.

The adviser has called on business leaders around the world to be partners in the journey of a developed and prosperous Bangladesh.

Bashiruddin has called on business leaders around the world to be partners in the journey of a developed and prosperous Bangladesh.

Calling for investment by exploring business opportunities in Bangladesh, Adviser Bashir said that we need to work together for the future generations by utilizing technology and experience.

Urging visitors to visit the Bangladesh Pavilion, he said that the pavilion highlights the rich history, culture and heritage of Bangladesh. As a symbol of bridging the gap between tradition and future society, the pavilion has been built with a wooden structure, which is an example of zero carbon and sustainable practices.

He also said that in addition to the growing domestic market, Bangladesh has become a strategic hub for ASEAN countries. As such, Bangladesh has immense potential to become one of the most important strategic trade partners in the region.

Stating that the July-August Revolution led by the youth has created new possibilities in Bangladesh, he further said that by taking advantage of the liberal investment regime, developed countries of the world can take advantage of investment opportunities in ready-made garments, leather, pharmaceuticals, light engineering, IT, jute and jute products, and ceramic industries.

Speaking as a special guest at the event, State Minister of the Ministry of Economy, Trade and Industry of Japan (METI) Ogushi Masaki said that Japan has been engaged in diplomatic and economic relations with Bangladesh since 1972.

“This relationship is constantly growing and Japan’s cooperation will continue in the LDC transition process of Bangladesh in 2026,” he added.

Bangladesh Ambassador to Japan Md. Daud Ali was present at the event.​

 

[Saif]

Bangladesh-Japan FOC to focus on CA's Japan visit

The upcoming visit of Chief Adviser Professor Muhammad Yunus to Japan will be a key focus during the Foreign Office Consultation (FOC) between the two countries on May 15 in Tokyo. Professor Yunus is expected to attend the Nikkei Forum, scheduled to be held in Tokyo on May 29. He is also likely to

thefinancialexpress.com.bd

Bangladesh-Japan FOC to focus on CA's Japan visit
FE OLINE REPORT
Published :
May 13, 2025 19:43
Updated :
May 13, 2025 19:43

The upcoming visit of Chief Adviser Professor Muhammad Yunus to Japan will be a key focus during the Foreign Office Consultation (FOC) between the two countries on May 15 in Tokyo.

Professor Yunus is expected to attend the Nikkei Forum, scheduled to be held in Tokyo on May 29. He is also likely to hold a bilateral meeting with the Japanese Prime Minister on 30 May, before departing for home on the same day, according to sources at the Foreign Ministry.

“Issues related to trade, investment, and the continuation of economic cooperation will be highlighted during the FOC,” said the Japanese Ambassador to Dhaka, Saida Shinichi.

Speaking to reporters at the Foreign Ministry following a meeting, the envoy noted that the Japanese government has not yet made a public announcement regarding the Chief Adviser’s visit.

“Japan has been your faithful development partner since independence,” he stated.

He also highlighted Japan’s involvement in key development projects in Bangladesh, such as the Matarbari Deep Sea Port, metro rail, and railway line initiatives.

According to Foreign Ministry officials, Mr Nazrul Islam, Secretary (East), will lead the Bangladeshi delegation.

Although the Foreign Secretary typically leads such consultations, he will not be attending this time. His absence from the recent FOC with Denmark has further fuelled speculation regarding his possible removal.​

 

[Saif]

Dhaka-Tokyo meeting: Nazrul Islam to lead Bangladesh, not Jashim Uddin

Chief Adviser of the interim government Professor Muhammad Yunus is scheduled to visit Tokyo at the last week of May.

en.prothomalo.com

Dhaka-Tokyo meeting: Nazrul Islam to lead Bangladesh, not Jashim Uddin
Raheed Ejaz Dhaka
Published: 14 May 2025, 17: 19

Flags of Bangladesh and Japan

Uncertainty shrouded all of a sudden on Monday over the foreign secretary-level meeting between Bangladesh and Japan, scheduled to be held on 15 May.

Finally, the meeting will go ahead, and Md Nazrul Islam, secretary (east) at the foreign ministry, will lead the Bangladesh side at the meeting, not the foreign secretary Md Jashim Uddin.

The two countries agreed some time ago to hold the foreign secretary-level talks in Tokyo, but the foreign ministry sent a diplomatic note to the Japanese embassy on Monday morning infirming the latter that Bangladesh postponed the meeting due to ‘unavoidable circumstances.’

Chief adviser of the interim government Professor Muhammad Yunus is scheduled to visit Tokyo at the last week of May.

Prior to that, there had been talk of postponing the foreign secretary-level meeting between the two countries.

According to diplomatic sources, Japan brought the matter to the attention of the chief adviser’s office on Monday afternoon.

That evening, the chief advisor's special envoy for international affairs, Lutfey Siddiqi, instructed the foreign ministry to propose to Japan that a preparatory meeting be held on 15 May instead of the foreign secretary-level meeting.

Later that night, national security adviser Khalilur Rahman spoke to the chief adviser about the previously scheduled foreign secretary-level meeting. It was then decided that the meeting between the foreign secretaries of Bangladesh and Japan will be held in Tokyo.

However, Md Nazrul Islam, secretary (east) of the foreign ministry, would lead Bangladesh in the meeting on 15 May, not foreign secretary Md Jashim Uddin.

When asked, Md Nazrul Islam confirmed to Prothom Alo on Tuesday evening that he would participate in the foreign secretary-level meeting in Tokyo.

He said Tokyo has been officially informed that he would lead the Bangladeshi delegation in the talks.

Earlier, in light of the evolving situation, foreign secretary Md Jashim Uddin held a meeting on Tuesday afternoon in his office with Japan's ambassador to Dhaka, Saida Shinichi.

After the meeting with the foreign secretary, Saida Shinichi told Prothom Alo, “To the best of my knowledge, the prescheduled foreign secretary-level meeting is going to take place in Tokyo on 15 May. Various bilateral relations, as well as regional and international matters will be discussed at the meeting. Since professor Yunus is scheduled to visit Tokyo at the end of this month, that visit will also be discussed in the meeting.”

Just a week ago, ambassador Saida Shinichi also met with foreign secretary Md Jashim Uddin in preparation for the foreign secretary-level meeting between Dhaka and Tokyo.

The foreign ministry’s sudden decision to postpone the meeting via a letter surprised not only Japan but also policymakers within the Bangladeshi government.

Given that Japan is a long-standing and trusted partner, postponing the foreign secretary-level meeting just before professor Yunus’s visit—citing “unavoidable reasons”—was deemed unwelcome.

If the scheduled meeting had not taken place, there was concern that Japan might receive the wrong impression about the Bangladeshi government. However, due to timely intervention from the government, the risk of unnecessary complications between the two countries has been avoided.

According to government sources, the postponement of the foreign secretary-level meeting with Japan is linked to changes in the position of Bangladesh’s foreign secretary.

About a week ago, top policymakers of the government had nearly finalised the decision to remove Jashim Uddin from the post of foreign secretary. However, as of Tuesday, no official order was issued in this regard.

Currently, foreign adviser Md Touhid Hossain is on a visit to Germany to attend a UN ministerial-level meeting.

He is expected to return to the country this Thursday. Government officials indicated that decisions regarding changes to the foreign secretary post and the future of Jashim Uddin will be finalised after Touhid Hossain returns.

Agenda of foreign secretary-level meeting

Diplomatic sources have said the foreign secretary-level meeting between Bangladesh and Japan in Tokyo on 15 May will be held in two parts.

The initial session will focus on bilateral issues. In this segment, Japan will present a summary of the current state of bilateral relations. Japan is also expected to share its stance on a ‘Free and Open Indo-Pacific.’ Japan will also raise defence and security cooperation issues.

On the other hand, Bangladesh will bring up issues related to economic relations and cooperation, cultural exchange, and people-to-people contact. The Rohingya refugee issue is also expected to be addressed by Bangladesh during the first session.

In the second session, the focus will shift to regional issues. Bangladesh will raise matters concerning South Asia, while Japan is expected to discuss China and East Asia. Japan also plans to talk about global issues and mutual cooperation in the international arena.​

 

[Saif]

Duty-free trade facilities for BD in post-graduation era signalled

Japan is intent on step up engagement with Bangladesh under the heretofore-dormant Bay of Bengal Industrial Growth Belt (Big-B) initiative and also signals continued duty-free trade facilities even after Bangladesh's LDC graduation. The desires of the host were expressed during the 6th round of Fo

thefinancialexpress.com.bd

Greater BD-Japan coop spotlighted
Duty-free trade facilities for BD in post-graduation era signalled
Japan intent on invigorating Big-B initiative

FE REPORT
Published :
May 16, 2025 08:15
Updated :
May 16, 2025 08:15

Japan is intent on step up engagement with Bangladesh under the heretofore-dormant Bay of Bengal Industrial Growth Belt (Big-B) initiative and also signals continued duty-free trade facilities even after Bangladesh's LDC graduation.

The desires of the host were expressed during the 6th round of Foreign Office Consultations (FOC) with Bangladesh, held Thursday in Tokyo on wide-ranging agenda that also focused Indo-Pacific cooperation affairs.

Also, the industrially developed country of Asia intends to promote high-quality infrastructure projects and encourage Japanese manufacturing and production companies to expand their value chains into Bangladesh under the initiative codenamed Big-B, said officials of the foreign ministry in Dhaka.

"These efforts are aligned with Japan's broader vision of a Free and Open Indo-Pacific and its commitment to sustainable development of the region," said a spokesman for the foreign ministry.

A significant development happens to be Japan's positive stance on Bangladesh's request to maintain Duty-Free Quota-Free (DFQF) market access for Bangladeshi products during the post-graduation era after the country's exit from the least-developed country (LDC) club.

Japan also pledged support for improving market access for Bangladeshi fruits and vegetables.

The Bangladesh delegation was led by Ambassador Dr Md. Nazrul Islam, Secretary (East) of the Ministry of Foreign Affairs, while AKAHORI Takeshi, Senior Deputy Minister for Foreign Affairs of Japan, headed the host side.

Held in a "warm and congenial environment", the consultations encompassed comprehensive discussions on political, economic, and sectoral cooperation, with special focus on trade and investment, people-to-people connectivity, cultural exchanges, the Rohingya crisis, regional and global developments, and security partnerships, the spokesman added.

The two sides reviewed the progress made since the 5th round of FOC held in June 2024 in Dhaka and looked for future avenues of cooperation, including the upcoming visit of the Chief Adviser of Bangladesh to Japan.

Key areas of discussion included cooperation in human-resource development, energy transition through a joint crediting mechanism, climate-change adaptation, disaster and earthquake management, and collaboration on Effluent Treatment Plants (ETP), Treatment Storage and Disposal Facilities (TSDF), solar-power projects, agricultural mechanisation, and modernisation of shipyards.

Japan reaffirmed its strong support for Bangladesh's interim government and its reform agenda, reassuring continued assistance for the country's socioeconomic uplift.

Bangladesh, in turn, sought enhanced Japanese support through increased Official Development Assistance (ODA) concessional loans, extended loan-repayment periods, and budgetary support to bolster its development initiatives.

Tokyo also commended Bangladesh's continued efforts in sheltering the forcibly displaced Myanmar nationals (Rohingyas) and reiterated its commitment to their early and voluntary repatriation to Myanmar. Tokyo confirmed it would continue providing humanitarian assistance to the Rohingya population.

The two sides exchanged views on key regional and international developments and reaffirmed their commitment to strengthening collaboration on multilateral platforms, addressing global challenges and mutual interests.

The consultations concluded with a shared vision to fully leverage the strategic partnership between the two countries by integrating resources, geographical advantages, and development capacities to enhance the wellbeing of the two peoples, officials added.​

 

[Saif]

Advancing Japan-Bangladesh ties

Japan has long been one of Bangladesh's most dependable and consistent development partners. Since the latter's emergence as an independent nation in 1971, Japan has extended unwavering support to a broad range of sectors -- infrastructure, health, education, energy, and governance -- shaping much

thefinancialexpress.com.bd

Advancing Japan-Bangladesh ties
MIR MOSTAFIZUR RAHAMAN

Published :
May 20, 2025 00:20
Updated :
May 20, 2025 00:20

Japan has long been one of Bangladesh's most dependable and consistent development partners. Since the latter's emergence as an independent nation in 1971, Japan has extended unwavering support to a broad range of sectors -- infrastructure, health, education, energy, and governance -- shaping much of Bangladesh's socio-economic progress. Today, as Bangladesh stands on the cusp of graduating from its Least Developed Country (LDC) status, the importance of deepening its bilateral relationship with Japan is more pressing than ever.

A significant milestone in this enduring friendship is on the horizon. The upcoming three-day visit of Chief Adviser Professor Muhammad Yunus to Tokyo marks an important diplomatic engagement that is expected to yield major decisions aimed at further advancing Japan-Bangladesh ties. At a time when global alliances are being redefined and regional economic architecture is undergoing transformation, such high-level visits signal a renewed commitment to elevating bilateral cooperation to strategic heights.

The recent 6th round of Foreign Office Consultations (FOC) between the two nations, held in Tokyo, underscored the depth and breadth of this partnership. Japan reiterated its intent to deepen engagement with Bangladesh under the Bay of Bengal Industrial Growth Belt (BIG-B) initiative -- a visionary framework that seeks to integrate Bangladesh into regional value chains and catalyze industrial growth. By promoting high-quality infrastructure development and encouraging Japanese companies to establish manufacturing and production bases in Bangladesh, BIG-B has the potential to transform the country into a key economic hub in South Asia.

The alignment of this initiative with Japan's larger vision of a Free and Open Indo-Pacific is not only strategic but also timely. As geopolitical dynamics shift and regional economies seek greater interdependence, Bangladesh's geographical position as a gateway between South and Southeast Asia makes it an indispensable partner for Japan's Indo-Pacific aspirations. By reinforcing economic cooperation through BIG-B and other bilateral platforms, both countries are contributing to a shared vision of regional stability, open trade, and sustainable development.

One of the most noteworthy developments during the FOC was Japan's positive response to Bangladesh's request for Duty-Free Quota-Free (DFQF) market access for Bangladeshi products beyond the LDC graduation. This is a crucial consideration for our exporters, especially in the garments sector, who may face increased tariffs once Bangladesh transitions out of LDC status. Japan's willingness to consider continued DFQF access, along with improved entry for Bangladeshi fruits and vegetables, reflects its understanding of our developmental needs and its commitment to equitable trade relations.

The FOC also provided a platform for comprehensive discussions on an array of bilateral and multilateral issues, ranging from trade and investment to regional security and humanitarian cooperation. High on the agenda was the plight of the Rohingya population. Japan's continued humanitarian assistance and its support for the voluntary, safe, and dignified repatriation of Rohingya refugees underscore Tokyo's role as a responsible global actor. As the burden of hosting over a million displaced people continues to weigh heavily on Bangladesh, such international solidarity is both necessary and commendable.

Beyond trade and humanitarian concerns, both sides explored avenues of cooperation in human resource development, energy transition, climate resilience, and disaster management. Japan's experience and technological expertise in these areas can significantly enhance Bangladesh's capacity to adapt to the challenges of the 21st century. Joint initiatives such as effluent treatment plants, solar power projects, and modernisation of shipyards are not merely development projects -- they are vital instruments for building a green, resilient, and inclusive future.

The discussions also touched upon the importance of cultural exchange, people-to-people connectivity, and educational cooperation -- areas that form the bedrock of long-term diplomatic ties. At a time when global politics is increasingly polarized, soft power diplomacy and mutual cultural appreciation serve as powerful tools to strengthen mutual trust and understanding.

Japan's reassurance of support for Bangladesh's interim government and reform agenda is particularly significant. As the nation navigates complex governance and economic challenges, strategic partnerships such as this can serve as both a stabilising force and a source of inspiration. Japan's model of development -- rooted in innovation, discipline, and human capital -- offers valuable lessons for Bangladesh's own journey toward prosperity.

Furthermore, Bangladesh has sought Japan's increased Official Development Assistance (ODA) in the form of concessional loans, extended repayment periods, and budgetary support. As the largest bilateral ODA donor to Bangladesh, Japan has consistently demonstrated its reliability. In this next phase of development -- which will involve major infrastructure modernization, digital transformation, and green transition -- continued Japanese assistance will be instrumental.

It is also worth noting that the two countries reaffirmed their commitment to multilateralism and shared interests in regional and global forums. In a rapidly changing world order, cooperative diplomacy is key to tackling shared challenges such as climate change, economic inequality, and security threats. Japan and Bangladesh, through their collaborative efforts, can be valuable contributors to a more inclusive and peaceful international system.

As the editorial team of this newspaper reflects on the evolving Bangladesh-Japan partnership, we are filled with optimism. The relationship between these two countries is not transactional; it is built on mutual respect, shared values, and a vision for a better future. The upcoming visit of Professor Muhammad Yunus to Tokyo is not just a diplomatic formality -- it is an opportunity to reaffirm our strategic alignment and to script a new chapter of deeper cooperation.

In the end, advancing Japan-Bangladesh ties is not just a foreign policy goal; it is a national imperative. In Japan, we find a partner that respects our sovereignty, supports our aspirations, and stands with us in times of need. As we look ahead, let us strengthen this friendship with renewed vigor, ensuring that our partnership continues to blossom for the benefit of both nations and the broader region.​

 

[Saif]

Japanese FDI rising, still there’s room to attract more

Japanese investment in Bangladesh has grown steadily over the past decade. But with clearer policies, improved infrastructure and a more predictable regulatory environment, there is room to attract much more.

www.thedailystar.net

Japanese FDI rising, still there’s room to attract more
Says Japan-Bangladesh chamber president, advocates for policy consistency and clarity

Tareq Rafi Bhuiyan Jun

Japanese investment in Bangladesh has grown steadily over the past decade. But with clearer policies, improved infrastructure and a more predictable regulatory environment, there is room to attract much more.

These were the key observations shared by Tareq Rafi Bhuiyan Jun, president of the Japan-Bangladesh Chamber of Commerce and Industry (JBCCI).

"There are now over 350 Japanese companies running in Bangladesh, which is nearly three times more than a decade ago," Jun said in a recent interview with The Daily Star.

"That is a positive sign, but it is not where it could be. Many Japanese companies are still in a wait-and-see mode because of recurring uncertainties in policy and regulation."

While Japanese firms are interested in Bangladesh's prospects, especially in light engineering, logistics, IT services, infrastructure, human resources and manufacturing, they are also wary of the country's investment climate.

"We are not just competing with ourselves," Jun said. "We are competing with countries like Vietnam, Indonesia, and India. Investors compare policies, timelines, and ease of doing business. In too many of these areas, Bangladesh still lags."

One promising development Jun pointed to is the Bangladesh Special Economic Zone in Araihazar area of Narayanganj, a joint venture between Japan's Sumitomo Corporation and the Bangladesh Economic Zones Authority (Beza).

Several Japanese and international firms, including Singer, Art Nature, Lion Corporation and IRIS, have already begun setting up operations there.

"The infrastructure of the zone at Araihazar is truly world-class," Jun said. "It gives Japanese investors confidence that things can be done right here. But one zone is not enough. The pace of such developments must be accelerated and backed by consistent policies."

However, even where infrastructure exists, policy instability often undercuts progress. According to Jun, predictability now matters more to investors than low costs.

"Cost matters, but stability matters more," he said. "Sudden changes to tax laws, customs rules, or investment incentives cause hesitation. Investors plan for decades, not for five-year electoral terms."

Japanese firms often cite political uncertainty, unclear policies, complex tax structures and customs delays as key concerns. These not only increase costs but also create unnecessary confusion for companies operating under tight schedules.

"Many of our member companies have experienced long delays at ports, inconsistent duty assessments, and overlapping regulations," Jun said. "For firms importing high-precision machinery or perishable components, this can be devastating."

The Japan-Bangladesh chamber president called for urgent reform of customs procedures, including the digitisation of clearance systems and a reduction in the discretionary powers of officials at checkpoints.

He welcomed government initiatives such as the Bangladesh Single Window (BSW) and the Authorised Economic Operator (AEO) schemes, describing them as steps in the right direction.

Jun also raised concern over the disadvantages faced by companies that follow the rules.

"Japanese firms follow global standards in labour, safety, import procedures and environmental compliance. But when they compete with local companies that cut corners on wages, taxes, or workplace safety, it creates an uneven playing field," he said.

He urged the government to reward ethical business conduct by offering incentives and support to both foreign and local firms that play by the rules.

"If compliance becomes a burden, investors will go elsewhere. We must align our systems so that the most responsible companies are also the most competitive."

Jun believes Bangladesh can strengthen its partnership with Japan by investing in its people. With Japan's ageing population, the demand for skilled foreign workers is rising and Bangladesh has the demographic advantage.

"If we can align our vocational and technical training systems to Japanese standards, our youth can find employment both at home and in Japan," he said.

Jun also pointed to the growing significance of the IT sector in Japan-Bangladesh ties.

"There is high demand for software development, business process outsourcing, and engineering services. But to meet this demand, we need collaboration between academia and industry, better training and greater exposure to global best practices."

To attract targeted Japanese investment, Jun said Bangladesh should develop sector-specific investment roadmaps.

"Each sector has its own requirements," he commented. "Whether it is infrastructure for logistics, power stability for manufacturing, or certifications for IT, these need to be mapped out clearly. Investors need visibility."

He also added that public-private consultation must be institutionalised and continuous, citing the Japan-Bangladesh Public-Private Economic Dialogue (PPED) as a platform that identifies and resolves key issues faced by investors.

"Happy investors work as ambassadors to attract further FDI," he added.

"Dialogue must not be ceremonial. It must feed directly into policy decisions, and its outcomes should be measurable."

Several major Japanese-backed infrastructure projects are already under way, including the Matarbari Deep Sea Port, the Dhaka Metro Rail, and the third terminal at Hazrat Shahjalal International Airport.

Jun believes these could be transformative, if completed on schedule.

"These are game changers," he said. "They will reduce logistics costs, boost efficiency, and make the country more attractive to investors."

Jun expressed optimism about the upcoming visit to Tokyo by Chief Adviser Professor Muhammad Yunus, calling it an opportunity to reset and deepen bilateral investment ties.

"This visit can demonstrate that Bangladesh is serious about long-term partnerships. But we must ensure deliverables, such as investment pledges, new agreements or knowledge-transfer initiatives."

He also praised the interim government's efforts to engage with all political parties, saying it had sent a reassuring message to foreign investors.

"Japanese investors want to see unity and continuity. Political alignment on economic goals builds long-term confidence."

"The next five years are make-or-break. If we make our systems more efficient, commit to policy stability, and deliver infrastructure on time, Japanese FDI will not just grow, it will multiply."

"But we cannot take this window for granted," he added. "Vietnam, Thailand, India, they are moving fast. If Bangladesh wants to compete, we must act now."​

 

[Saif]

BD-Japan economic corridor set for strategic growth

Standard Chartered Bangladesh, in association with Japan External Trade Organisation (JETRO) and key government institutions, recently hosted a high-level economic briefing spotlighting the strategic importance of the Japan-Bangladesh economic corridor. The event brought together senior representa

thefinancialexpress.com.bd

Resilient Horizons
BD-Japan economic corridor set for strategic growth
FE DESK REPORT
Published :
May 23, 2025 11:50
Updated :
May 23, 2025 11:50

Naser Ezaz Bijoy, CEO, Standard Chartered Bangladesh; Yusuke Asai, CEO, Standard Chartered Japan; Chowdhury Ashik Mahmud Bin Harun, Executive Chairman, BIDA; Saida Shinichi, Ambassador of Japan to Bangladesh; and other guests pose for photo at a high-level economic briefing held in Dhaka recently

Standard Chartered Bangladesh, in association with Japan External Trade Organisation (JETRO) and key government institutions, recently hosted a high-level economic briefing spotlighting the strategic importance of the Japan-Bangladesh economic corridor.

The event brought together senior representatives from Standard Chartered, the Bangladesh Investment Development Authority (BIDA), Japan International Cooperation Agency (JICA), Japan External Trade Organisation (JETRO), and the Embassy of Japan, along with business leaders and investors from both nations, says a statement.

As shifting global trade dynamics heighten interest in South Asia, the event underscored growing confidence in Bangladesh's economic resilience and reinforced the commitment of public and private sector stakeholders to unlocking new opportunities.

From macroeconomic stability to bold reforms -- leaders on both sides shared optimism, insights, and a shared vision for the future. With over 300 Japanese companies already operating in Bangladesh, the next chapter of this partnership is one of scale, sustainability, and shared prosperity.

Naser Ezaz Bijoy, CEO, Standard Chartered Bangladesh, said, "Japan has been an unwavering friend to Bangladesh since independence -- our partnership is rooted not just in policy, but in deep people-to-people ties. We are seeing encouraging signs across key economic indicators, and the outlook is more stable than it has been in years. With the right reforms and collaboration, Bangladesh has every potential to become a trillion-dollar economy within the next five years."

Yusuke Asai, CEO, Standard Chartered Japan, said, "Despite global shifts, two things remain unchanged-Standard Chartered's commitment to the Japan-Bangladesh corridor and the unconditional friendship between our two nations. Japan is one of the world's most globalized economies, and our companies are well-positioned to expand their footprint in Bangladesh. With over 300 Japanese firms already present, the time is ripe to scale up investment and strengthen our role in Bangladesh's growth story."

Chowdhury Ashik Mahmud Bin Harun, Executive Chairman, Bangladesh Investment Development Authority (BIDA), acknowledged the path ahead, saying: "We recognise the challenges investors face, and we are committed to transparency and reform. But progress requires continued pressure from the business community. Our aim is to create a stable, investor-friendly environment -- one that attracts long-term investment and reinforces economic resilience."

Saida Shinichi, Ambassador of Japan to Bangladesh, affirmed Japan's enduring partnership. "As a faithful strategic partner, Japan remains committed to investing in Bangladesh and supporting critical infrastructure. Our ongoing Economic Partnership Agreement negotiations further highlight our shared ambition, with significant opportunities emerging across agro-business, fisheries, automotive, and textiles," he said.

Enamul Huque, Country Chief Risk Officer, Standard Chartered Bangladesh, added: "With reserves stabilizing and exports on a consistent growth trajectory, Bangladesh remains a competitive and attractive destination for international investors, including those from Japan. As a leading foreign bank in Bangladesh and one of the largest foreign investors, Standard Chartered remains committed to promoting Bangladesh as a positive investment destination."

Yuji Ando, Country Representative, JETRO, reinforced investor confidence, "Bangladesh ranks number two in Asia in terms of business expansion potential, second only to India. Despite global economic and political uncertainty, existing Japanese companies are eager to expand their operations, underscoring their long-term commitment to this market."

Ichiguchi Tomohide, Chief Representative, JICA Bangladesh, said, "While progress has been made, much work remains to improve the investment climate. At JICA, we are working closely with JETRO and other partners to push forward strategic initiatives-from transformative infrastructure projects like the Matarbari deep-sea port and MRTs to streamlining investment procedures."

The event concluded on a note of shared optimism, with participants expressing strong confidence in Bangladesh's strategic potential underpinned by a longstanding partnership with Japan and a collective commitment to shaping a resilient future.​

 

[Saif]

Bangladesh to seek $1.0b in budget support

Bangladesh will seek one-billion-dollar budget support from Japan during the Chief Adviser's upcoming visit, which will also yield some bilateral cooperation accords, officials said. Chief Adviser Prof Muhammad Yunus is scheduled to visit Tokyo on June 28-31, with these matters high on agenda, t

thefinancialexpress.com.bd

CA visits Japan from May 28
Bangladesh to seek $1.0b in budget support
Defence equipment deal dropped from agenda, seven MoUs likely

MIR MOSTAFIZUR RAHAMAN
Published :
May 26, 2025 01:42
Updated :
May 26, 2025 01:42

Bangladesh will seek one-billion-dollar budget support from Japan during the Chief Adviser's upcoming visit, which will also yield some bilateral cooperation accords, officials said.

Chief Adviser Prof Muhammad Yunus is scheduled to visit Tokyo on June 28-31, with these matters high on agenda, the foreign adviser told The Financial Express Sunday.

Officials of the ministry have said both the countries have agreed to sign 7 MoUs during the visit of the head of interim government.

"One will be signed on energy cooperation, two of them will be signed with BIDA, two with the Special Economic Zones Authority, and two will be business-to-business MoU," said a high official of the ministry.

"We will also seek one billion US dollars from the Japan government," he said, adding that Japan was yet to disclose their position in this regard.

"We are expecting a substantial amount," he said about the latest in a hunt for foreign funds to bankroll national budget and development recipe it carries. Bangladesh will seek enhanced Japanese support through increased Official Development Assistance (ODA), concessional loans, extended loan-repayment periods, and budgetary support to bolster its development initiatives, officials said.

The government will also seek cooperation from Japan in different sectors like infrastructure, shipbuilding, blue economy, trade and investment, and energy during the bilateral meeting scheduled for May 30.

The two Asian nations had previously agreed to ink a deal on defence-equipment technology and training, but on Sunday, Japan requested dropping the deal, saying that they cannot sign it without vetting by parliament.


There will be a proposal for increasing the number of Japanese scholarships for Bangladeshi students.

According to officials, as Japan expressed its intent to step up engagement with Bangladesh under the Bay of Bengal Industrial Growth Belt (Big-B) initiative, this issue will be focused during the visit.

Japan intends to promote high-quality infrastructure projects and to encourage Japanese manufacturing and production companies to expand their value chains into Bangladesh under this initiative, said officials of the foreign ministry in Dhaka.

These efforts are aligned with Japan's broader vision of a Free and Open Indo-Pacific and its commitment to sustainable development of the region, they added.

Bangladesh will also request Japan to extend Duty-Free, Quota-Free (DFQF) market access for Bangladeshi products during the post-LDC graduation period and is expecting a positive result.

Outlining key areas of cooperation, officials said human-resource development, energy transition through a joint crediting mechanism, climate- change adaptation, earthquake management, and collaboration on Effluent Treatment Plants (ETP), Treatment Storage and Disposal Facilities (TSDF), solar-power projects, and modernisation of shipyards.

The repatriation of Rohingyas and humanitarian support for them in Cox's Bazar will also be on the table.​