[🇧🇩] Strategic Aspect of Bangla-Japan Relation

[Saif]

Interest grows among Japanese firms to invest in Bangladesh: JETRO

Japan External Trade Organisation (JETRO) Dhaka Country Representative Yuji Ando said Japanese firms have started to show interest to invest in Bangladesh as political situation is gradually improving here. “In the current month (November), around eight new Japanese companies from various se

thefinancialexpress.com.bd

Interest grows among Japanese firms to invest in Bangladesh: JETRO
BSS
Published :
Nov 29, 2024 18:25
Updated :
Nov 29, 2024 18:25

Japan External Trade Organisation (JETRO) Dhaka Country Representative Yuji Ando said Japanese firms have started to show interest to invest in Bangladesh as political situation is gradually improving here.

“In the current month (November), around eight new Japanese companies from various sectors, including infrastructure, manufacturing, logistics and food, came to us for discussion on investment. The number was almost zero in August and September. In October, it was a few,” he said while talking to BSS.

Besides this, he said, many Japanese companies running business in Bangladesh came to JETRO for discussions on expansion or their problems.

Ando, however, said business sentiment for Japanese companies in Bangladesh is rather high in Asia and Oceania region. Especially, domestic market size and growth potential is high, he added.

For competitive labor cost, he said, Bangladesh has the second highest ratio of export volume in the total sales in the region.

Local procurement is the key factor for reducing the production cost and expanding the export and domestic business, he added.

From the comparative perspective (especially with ASEAN countries), Ando said, it would be necessary for business environment in Bangladesh to be improved by addressing the issues for Japanese companies in Bangladesh, especially in custom clearance procedures and transparency.

By realizing the competitive investment climate, he said, Bangladesh would be the next investment destination for Japanese companies.

Trade agreement like Economic Partnership Agreement (EPA) would bring more business-friendly environment in Bangladesh, he opined.

Ando mentioned that Bangladesh Special Economic Zone (BSEZ) and Matarbari deep seaport would become the game changers for Bangladesh’s logistics and manufacturing industry respectively by developing world class infrastructure.

Ando, also Secretary General of the Japanese Commerce and Industry Association in Dhaka (JCIAD, SHOO-KOO-KAI in Japanese), said that JCIAD already submitted a set of proposals for reforms before Bangladesh Investment Development Authority (BIDA) to ensure business-friendly environment in the country.

Regarding the proposals, he said, JCIAD called for the simplification of administrative procedures such as reducing paperwork and reviewing submitted information and then speeding up and making them more transparent.

JCIAD requested that policy consistency be ensured, such as maintaining incentives for Economic Zones (EZs) to attract investment and continuing Official Development Assistant (ODA) projects, he added.​

 

[Saif]

Intercultural collaboration between Bangladesh, Japan

IN AN era of rapid globalisation, exchange, collaboration, and the building of bridges between cultures are of great importance. The partnership between Bangladesh and Japan...

www.newagebd.net

Intercultural collaboration between Bangladesh, Japan
by Akinori Seki 31 December, 2024, 00:00

IN AN era of rapid globalisation, exchange, collaboration, and the building of bridges between cultures are of great importance. The partnership between Bangladesh and Japan exemplifies the profound potential of such connections, fostering shared values, ethical leadership, and mutual understanding. As someone deeply committed to these ideals, I have dedicated my career to cultivating meaningful relationships that transcend borders.

I was born and raised in a snow-covered rural region of Japan, where educational opportunities were limited. Entering university was both inspiring and intimidating. My urban peers seemed worlds ahead, fluent in English and comfortable with global perspectives. I, by contrast, had never met a foreigner, let alone travelled abroad. Yet, through perseverance and transformative experiences, I have come to dedicate my life to international cultural exchanges and academic research on intercultural communication. This journey has taught me the immense value of bridging divides, both personal and cultural.

In 2011, my academic work took me to Bangladesh for a comparative study on student motivation in intercultural communication and foreign language learning. My visit revealed stark disparities in the education system, particularly in impoverished areas. I met students who were eager to learn despite having limited access to resources. Conversations with educators highlighted systemic inequalities that left many children without basic education. The resilience and determination I witnessed in these communities inspired a deep commitment to exploring how education could become a tool for transformation.

Three years later, in 2014, I met Professor Jamilur Reza Choudhury, a visionary leader in Bangladesh’s education sector. Our shared passion for fostering cross-cultural understanding led to a fruitful collaboration. Professor Choudhury’s insights and optimism became pivotal in shaping many of my projects. He often emphasised that collaboration rooted in shared values could address systemic issues and inspire students to see beyond their immediate environments.

Together, we envisioned a program that would unite Japanese and Bangladeshi students to tackle global challenges such as poverty, education, and sustainability. These initiatives were guided by ethical principles and mutual respect, offering participants opportunities to learn from one another’s strengths. Professor Choudhury’s wisdom formed the foundation of these programs, transforming them into platforms for meaningful human connection.

In a globalised era, attempting to solve a country’s issues within its borders is both inefficient and limited in scope. Japan, for instance, is a nation known for its economic prosperity and high educational standards. Yet, it grapples with deep societal issues such as low happiness levels, high rates of depression, and alarmingly frequent suicides, particularly among its youth. Addressing these challenges requires looking beyond Japan’s borders and embracing global perspectives. Experiencing the mindset of Bangladeshi people — their community spirit, resilience, and joy — offers invaluable insights into the underlying causes of Japan’s struggles. At the same time, Bangladesh can learn from Japan’s post-war recovery and its disciplined approach to building a society rooted in integrity and hard work.

History has shown that transformative progress often occurs at the intersection of cultures. The Renaissance, for instance, was a period of profound cultural exchange that redefined human civilisation. Similarly, individual growth often stems from exposure to diverse mindsets. By engaging with different cultural paradigms, we continuously reassess and enrich our own beliefs, leading to a more profound understanding of ourselves and the world around us. This is why opportunities for Japanese and Bangladeshi students to engage in collaborative projects are so valuable. Despite cultural differences and initial challenges, these exchanges provide a unique chance to touch and shape one another’s mindsets.

The journey was not without setbacks. In 2016, a terrorist attack in Dhaka claimed the lives of several people, including Japanese nationals. The tragedy led to heightened travel restrictions, forcing us to pause our plans. Despite the difficulties, Professor Choudhury remained steadfast in his support, reminding me of the importance of resilience in the face of adversity. By 2019, with conditions stabilising, we resumed preparations. However, the Covid pandemic and Professor Choudhury’s sudden passing in 2020 brought unforeseen challenges, testing our resolve and adaptability.

Determined to honour his legacy, we transitioned our initiatives online. Virtual sessions became a lifeline, enabling students from both countries to engage in meaningful dialogue despite physical distance. These exchanges rekindled hope and reaffirmed the importance of cross-cultural collaboration. Since 2022, in-person programs have resumed, focusing on fostering ethical awareness and mutual learning. Each interaction deepens the bonds between participants, transcending borders and enriching perspectives.

In these exchanges, we explore themes that reflect the strengths of both cultures. Japanese ethics rooted in Bushido — emphasising loyalty, respect, and sincerity — offer a structured framework for addressing challenges. Bangladeshi students, in turn, share their cultural emphasis on community resilience and familial bonds. Together, these values create a powerful synergy, demonstrating how diverse perspectives can complement one another in solving global issues.

Japanese participants often reflect on the inspiration they draw from Bangladeshi communities, particularly their resilience and warmth. They describe how direct and open communication in Bangladesh contrasts with Japan’s more reserved social norms, offering valuable lessons in building relationships. Similarly, Bangladeshi students admire Japan’s disciplined approaches to problem-solving and its commitment to fairness and transparency. These insights go beyond academic learning, leaving lasting impressions on everyone involved.

My own journey has been equally transformative. Despite the immense challenges faced by many in Bangladesh, their optimism and community spirit never fail to inspire me. Observing their resilience has made me reflect on the true essence of well-being. At the same time, Japan’s struggles with loneliness and emotional isolation highlight the universal need for connection and belonging. These shared challenges remind me that every nation has much to learn from others, regardless of its economic status or technological advancements.

One conversation that stays with me is from a Bangladeshi student who said, “Through these exchanges, I have realised that our differences are not barriers but opportunities to grow together.” This sentiment captures the heart of cultural exchange. It is not about erasing differences but celebrating them as strengths. It is about finding common ground, not despite our diversity, but because of it.

As I reflect on these experiences, I am reminded of the proverb, “The grass is always greener on the other side.” For many in Bangladesh, Japan represents a model of efficiency and development. Yet, for me, the warmth and communal resilience of Bangladeshi society are equally aspirational. Both nations have unique strengths to offer each other. By combining Japan’s focus on transparency and institutional integrity with Bangladesh’s emphasis on human connections, we can address pressing global challenges while enriching our shared humanity.

Looking ahead, I am steadfast in my commitment to fostering collaboration where the people of both countries respect one another and work together as equals. My aspiration is to explore a better world and more meaningful ways of living, which I believe is my contribution to society. With this conviction, I am confident that through education and cultural exchange, we can transcend individual differences and build a truly global community. To achieve this, both governments and key stakeholders — including academic institutions and national groups from diverse ethnic and cultural backgrounds — must actively participate to make these exchanges more effective and impactful. Academicians and researchers, in particular, should take the lead in enhancing the quality of these exchanges by providing academic guidance and fostering scholarly engagement.

Together, we can shape a future grounded in shared values, mutual respect, and collective progress.

Akinori Seki is a professor and chairperson of the International Exchange Committee at Tokyo Keizai University and president of the Asia Association of Education and Exchange.​

 

[Saif]

JICA to support forest department to enhance coastal resilience

Japan International Cooperation Agency (JICA) will support Bangladesh Forest Department (BFD) in implementing comprehensive forest management utilizing advanced technologies in the country's coastal zone. To this end, JICA has signed a record of discussion with the Economic Relations Division

thefinancialexpress.com.bd

JICA to support forest department to enhance coastal resilience
FE Online Desk
Published :
Jan 11, 2025 17:30
Updated :
Jan 11, 2025 17:30

Japan International Cooperation Agency (JICA) will support Bangladesh Forest Department (BFD) in implementing comprehensive forest management utilizing advanced technologies in the country's coastal zone.

To this end, JICA has signed a record of discussion with the Economic Relations Division (ERD), Ministry of Environment, Forest, and Climate Change (MoEFCC) and BFD for the project titled "Project for Enhancing Coastal Resilience through Technology-based Forest Management", BSS reports citing a JICA press release.

The project is set to span four years (May 2025 to April 2029) and will involve Japanese experts in necessary fields with relevant BFD counterparts at both headquarters and field levels.

This technical cooperation project aims to enhance the BFD's capacity for forest landscape restoration in coastal areas by promoting technology-based forest management planning and monitoring.

According to the Intergovernmental Panel on Climate Change (IPCC), the Bangladesh coast is one of the most vulnerable areas to climate change and is exposed to frequent cyclones and storm surges.

As a result, the region is experiencing significant coastal degradation, severely impacting coastal forests, particularly mangrove ecosystems.

In response, BFD has taken a number of initiatives to expand coastal forestry. The project will build on these initiatives by identifying and taking advanced forest planning and monitoring approaches to ensure effective coastal landscape restoration and coastal resilience to mitigate climate change impacts.

Miura Mari, Senior Representative, JICA Bangladesh Office has appreciated ERD, MoEFCC, and BFD for their enormous effort on a project formulation.

She mentioned that this technical cooperation is the first attempt at cooperation in the forestry sector in JICA's cooperation to Bangladesh that is highly significant to disaster risk reduction, livelihood improvement of local community and climate change mitigation.

Dr AKM Shahabuddin, Additional Secretary, ERD, expressed his appreciation to JICA, MoEFCC and BFD for realizing the project and requested MoEFCC and BFD to accelerate the implementation process.

Md. Amir Hosain Chowdhury, Chief Conservator of Forests, BFD said that there are many challenges in the planning and monitoring of the forest resources, including a lack of modern technology to conserve the forests.

So, BFD will be benefitted by this project and happy to be a part of JICA's first cooperation in the forestry sector in Bangladesh, he added.

Fatema Tuz Zohora, Joint Secretary, MoEFCC, said the project will support the conservation of forest resources using modern technology, including the capacity development of BFD officials.

The ministry is looking forward to having more cooperation with JICA in the future, she added.​

 

[Saif]

Japan reaffirms strong support for Bangladesh's interim govt

Japanese Ambassador to Bangladesh Saida Shinichi has reiterated Japan’s strong support for the interim government of Bangladesh and stated that the upcoming parliamentary vice minister-level visit will officially convey this message of political support. During a meeting with Foreign Affairs

thefinancialexpress.com.bd

Japan reaffirms strong support for Bangladesh's interim govt
Published :
Jan 27, 2025 19:56
Updated :
Jan 27, 2025 19:56

Japanese Ambassador to Bangladesh Saida Shinichi has reiterated Japan’s strong support for the interim government of Bangladesh and stated that the upcoming parliamentary vice minister-level visit will officially convey this message of political support.

During a meeting with Foreign Affairs Adviser Md Touhid Hossain at the Ministry of Foreign Affairs on Monday, the ambassador expressed Japan’s commitment to standing firmly by the interim government to support their reform efforts and to further strengthen bilateral relations in broad areas under the Strategic Partnership, UNB reports.

In this context, both sides cordially exchanged views on various issues, including deepening economic ties, enhancing political and security cooperation, addressing the Rohingya refugee crisis, and other bilateral cooperation agendas.

The ambassador emphasised the importance of holding Foreign Office Consultations (FOC) soon and ensuring regular high-level exchanges between the two countries. He also expressed satisfaction with the ongoing negotiations for the Economic Partnership Agreement (EPA) between Bangladesh and Japan.

Ambassador Shinichi informed the foreign affairs adviser that the chief of the Japan International Cooperation Agency (JICA) is scheduled to visit Bangladesh in March this year.

Additionally, he announced Japan’s decision to provide Bangladesh with five patrol vessels to enhance coastal security and confirmed their readiness to sign an agreement with the government to provide equipment for air pollution monitoring in Bangladesh.

In response, the foreign affairs adviser thanked the Japanese government for their unwavering support for the interim government and acknowledged Japan’s role as Bangladesh’s largest bilateral development partner. He also recognized Japan’s significant contributions to Bangladesh’s major development initiatives.

The foreign affairs adviser assured that Japanese investments in Bangladesh will always remain secure and highlighted the steady and longstanding relationship between the two countries.

He expressed gratitude for Japan’s continued efforts towards finding a durable solution for the safe, sustainable, and dignified return of the Rohingya refugees to Myanmar’s Rakhine State. The adviser also appreciated Japan’s humanitarian assistance to the Rohingyas, including support for those relocated to Bhashan Char.

Mentioning that recent developments in Rakhine State are increasing pressure on Bangladesh, he sought Japan’s support for the upcoming conference on the Rohingya crisis, to be organized by Bangladesh in collaboration with the United Nations in Doha.

Both sides also discussed bilateral collaboration and mutual support on election-related matters in international forums, according to the Ministry of Foreign Affairs.

The foreign affairs adviser wished the new Japanese ambassador a successful tenure in Bangladesh and expressed hope that bilateral relations would reach new heights during his tenure.​

 

[Saif]

Tokyo seeks early EPA with Dhaka to boost trade

Japanese parliamentary vice-minister Ikuina Akiko has underscored the need for early conclusion of the economic partnership agreement or EPA between Bangladesh and Japan in order to boost trade and investment between the two countries...

www.newagebd.net

Tokyo seeks early EPA with Dhaka to boost trade
United News of Bangladesh . Dhaka 02 February, 2025, 23:23

Japanese parliamentary vice-minister Ikuina Akiko has underscored the need for early conclusion of the economic partnership agreement or EPA between Bangladesh and Japan in order to boost trade and investment between the two countries.

The issues were discussed when Japanese parliamentary vice-minister Akiko met foreign adviser Md Touhid Hossain at the Ministry of Foreign Affairs on Sunday.

Appreciating Bangladesh’s positive investment climate, Akiko mentioned that the Japanese investment and businesses were continuing their operations in Bangladesh despite recent political changes.

The Japanese parliamentary vice-minister is on a two-day visit to Bangladesh, said the Ministry of Foreign Affairs.

Lauding Japan’s humanitarian assistance for the Rohingyas including their relocation to Bhashan Char, the foreign adviser sought Japanese support to draw a roadmap for early repatriation of the Rohingyas.

He also sought Japanese support for hosting a high-level conference on the Rohingya issue in Doha in collaboration with the United Nations.

During the meeting, the Japanese vice-minister reiterated Japan’s support for the interim government and its ongoing reform and nation-building initiatives.

The foreign adviser thanked Japan for its immense contribution to Bangladesh’s socio-economic development initiatives since independence.

The Japanese vice-minister conveyed Japan’s continued support for Bangladesh during the post-LDC graduation period.

She noted that more than 310 Japanese companies were currently doing business in Bangladesh and the number would go higher.

Reiterating Bangladesh’s commitment to improve the investment environment, the foreign adviser mentioned that BIDA was very proactive to ensure effective functioning of one-stop service (OSS) to facilitate services for foreign investors.

Vice-minister Akiko highlighted the importance of a free and open Indo-Pacific region for regional peace and stability.

In response, the foreign adviser mentioned that as an advocate for regional peace and stability, Bangladesh had been supportive of a free and open Indo-Pacific region with freedom of navigation for all parties.​

 

[Saif]

Japan reaffirms support for Bangladesh interim govt

Japan Sunday reaffirmed its support for Bangladesh’s interim government and sought to increase bilateral engagement for a boost in businesses and development cooperation

en.prothomalo.com

Japan reaffirms support for Bangladesh interim govt
BSS
Dhaka
Updated: 02 Feb 2025, 22: 11

Ikuina Akiko, the Parliamentary Vice-Minister for Foreign Affairs of Japan, called on Chief Adviser Professor Muhammad Yunus at the State Guest House Jamuna in Dhaka on 2 February 2025 PID

Japan Sunday reaffirmed its support for Bangladesh’s interim government and sought to increase bilateral engagement for a boost in businesses and development cooperation.

Ikuina Akiko, the Parliamentary Vice-Minister for Foreign Affairs of Japan, conveyed the message to Chief Adviser Professor Muhammad Yunus as she called on him at the State Guest House Jamuna here.

“Japan values its relationship with Bangladesh and has consistently supported it. My visit is to convey our commitment towards supporting Bangladesh and further enhancing our bilateral relationship,” Akiko told the Chief Adviser.

Chief Adviser Muhammad Yunus termed Japan as a very close ally and helpful friend and said the two countries need strong cooperation at this historic period.

“This is a new Bangladesh and a very opportune time in view of our relationship,” he said.

Japan is the single largest bilateral development partner of Bangladesh, which offered sustained and generous support over the years to Bangladesh’s socio-economic advancement.

The bilateral trade between the two countries now stands at around US$ 4 billion, with Japan being one of Bangladesh’s top five export destinations.

More than 350 Japanese companies are currently operating in Bangladesh.

The Japanese vice minister enquired about the interim government’s ongoing reform initiatives and plans for the next general elections.

Ikuina Akiko invited the Chief Adviser to visit Japan for the Nikkei 30th Future of Asia event to be held on 29-30 May 2025 in Tokyo.

She also invited Professor Yunus, a recipient of the Nikkei Asia Prize in 2004, for Osaka Expo 2025, a separate event, in May.

The organiser of the Expo will observe 11 May as Bangladesh Day, the Japanese vice-minister said, adding that the Bangladesh Chief Adviser’s presence there could be encouraging for all.​

 

[Saif]

Bashir urges top Japanese groups to invest more

Commerce adviser Sk Bashir Uddin on Monday called upon the top Japanese investors to invest more in Bangladesh...

www.newagebd.net

Bashir urges top Japanese groups to invest more
Bangladesh Sangbad Sangstha . Dhaka 17 February, 2025, 22:47

Commerce adviser Sk Bashir Uddin and Bangladesh ambassador to Japan Md Daud Ali, among others, are present at a bilateral meeting in Tokyo on Monday. | PID/Focus Bangla photo

Commerce adviser Sk Bashir Uddin on Monday called upon the top Japanese investors to invest more in Bangladesh.

He made this call in a bilateral meeting with representatives of Japan’s one of the largest trade groups NEXI (Nippon), Mitsui, Marubeni, HSBC, Mitsubishi Heavy Industry and JT in Tokyo.

The commerce adviser said that currently the bilateral trade volume between Bangladesh and Japan was about $4 billion while Japan is Bangladesh’s one of top five export destinations, said a commerce ministry press release.

‘Currently, more than 350 Japanese companies are operating in Bangladesh. We expect more investment from Japan,’ Bashir added.

The commerce adviser also urged the Japanese side to import more products as well as manpower from Bangladesh.

In the meeting, the top Japanese business representatives assured to continue their business and thus increase their investment in Bangladesh.

Bangladesh ambassador to Japan Md Daud Ali, JETRO representative Iuji Ando and JICA representative Yasuyuki Murahashi, commercial counselor to Japan Morarji Desai Burman and representatives of Bangladesh Investment Development Authority (BIDA) and National Board of Revenue (NBR) were present in the meeting.

Later, the commerce adviser had a meeting with Watami Group head Miki Watanabe.​

 

[Saif]

Bashir assures Japanese investors of support

Commerce adviser Sk Bashir Uddin has assured of extending all necessary cooperation to Japanese entrepreneurs and businesspeople who were interested to invest in Bangladesh...

www.newagebd.net

Bashir assures Japanese investors of support
Bangladesh Sangbad Sangstha . Dhaka 18 February, 2025, 22:30

Sk Bashir Uddin. | BSS file photo

Commerce adviser Sk Bashir Uddin has assured of extending all necessary cooperation to Japanese entrepreneurs and businesspeople who were interested to invest in Bangladesh.

He gave the assurance while speaking as chief guest at a seminar on ‘Investment Promotion’ at a hotel in Tokyo on Tuesday morning during which he urged Japanese entrepreneurs and businesspeople to invest more in Bangladesh.

He said that Japan was a very trusted friend of Bangladesh and also the largest development partner of Bangladesh as a single country.

He thanked the Japanese government for its continued support and cooperation towards the development of Bangladesh, said a ministry press release.

At the seminar, Bangladesh Investment Development Authority executive chairman Chowdhury Ashik Mahmud Bin Harun made a power-point presentation on investment opportunities in Bangladesh.

Nahian Rahman Rochi, head of business development of BIDA, and Yuji Ando, representative of JETRO in Bangladesh, participated in the panel discussion titled ‘Investment Potentials in Post-Reform Bangladesh’.

Bangladesh ambassador to Japan Md Daud Ali, senior vice-president of JICA Sachiko Imoto and senior vice-president of JETRO Kazuya Nakajo spoke at the seminar.

Economic minister of the Bangladesh embassy in Japan, representatives from the Bangladesh Bank and National Board of Revenue and commercial counsellor Tokyo were present at the event.

The seminar was jointly organised by the BIDA, Japan International Cooperation Agency and Japan External Trade Organization. More than a hundred entrepreneurs and businesspeople from Japan participated in the seminar.

Meanwhile, commerce adviser Sk Bashir Uddin met with Ogushi Masaki, state minister of economy, trade and industry of Japan on Tuesday and discussed in details bilateral trade, investment and economic partnership agreement and the Public-Private Economic Dialogue.

In the meeting, the commerce adviser requested the Japanese state minister to take measures so that more Japanese companies invest in Bangladesh.

Bashir said that currently there was a favourable investment situation in Bangladesh as Bangladesh Single Window had been launched in the country to provide services to the investors in a speedy manner.

He requested the Japanese investors to avail of this service.

The Japanese state minister also urged the commerce adviser to expedite process for economic partnership agreement.

In the meeting, both the adviser and the state minister expressed their keen intention to work together to strengthen the bilateral trade.​

 

[Saif]

Japan lending Bangladesh $581 million

Japan is going to lend Bangladesh US$581 million for improving power generation and ensuring food safety, officials said Monday, in aid to the interim government. The Economic Relations Division (ERD) under the Ministry of Finance (MoF) and Japan are likely to sign two loan deals on March

thefinancialexpress.com.bd

Japan lending Bangladesh $581 million
FHM Humayan Kabir
Published :
Mar 11, 2025 00:40
Updated :
Mar 11, 2025 00:40

Japan is going to lend Bangladesh US$581 million for improving power generation and ensuring food safety, officials said Monday, in aid to the interim government.

The Economic Relations Division (ERD) under the Ministry of Finance (MoF) and Japan are likely to sign two loan deals on March 25 to this effect MoF officials said.

Japan International Cooperation Agency (JICA) under the 45th Overseas Development Assistance (ODA) package would provide $386.72 million (8th tranche) loan for completing the Matarbari Ultra Super Critical Coal-fired Power Project.

Another $194.30 million would be confirmed for upgrading capacity of the Bangladesh Food Safety Authority (BFSA) in ensuring the food quality and its safety for the people.

"We are going to sign loan deals on March 25. The loans will be provided under the ongoing 45th ODA package. The funds will be utilized for completing Matarbari coal-fired power-plant project and ensuring food safety in Bangladesh," said a senior MoF official.

The proposed $386.72-million loan will be the last tranche for the Matarbari coal-fired power project, which is already supplying 1200 megawatts (MW) of power into the national grid, he added.

Earlier in September 2023, JICA confirmed the 7th tranche of the loan for the Matarbari power project, and this will be the 8th and last instalment.

Under the 44th Japanese ODA Loan Package (2nd batch), Japan extended financial support of 217,556 million Japanese Yens (JPY), approximately $1,500 million, for the seaside power project.

The Japanese aid agency has been a crucial partner in different phases of this project, having already disbursed 437,754 million JPYs in six tranches. The 7th tranche, under the ODA Loan for this project, involves an additional 217,556 million JPYs.

Meanwhile, the government has recently approved a project of the BFSA where JICA will provide the proposed $194.30 million worth of funds and work for improving the food safety and security across the country, the MoF official said.

The ECNEC early February approved a Tk 24.09 billion 'Food Safety Testing Capacity Development Project' run by the Bangladesh Food Safety Authority under the Ministry of Food.

The project will be implemented by December 2034.

The first phase of the 45th Japanese ODA package brought approximately $257 million in November last year. Under the loans, $11.07 million was provided for Chittagong WASA and $249.34 million for the Jamuna Rail Bridge Construction Project (III).

Japan usually charges 1.70-percent interest rate for construction work and 0.40 per cent for consultancy services. Additionally, there is a one-time front-end fee of 0.2 per cent.

The repayment period is spread over 30 years, including a 10-year grace period.​

 

[Saif]

Half of Japanese firms optimistic about profit growth in 2025: survey

After a challenging year, Japanese companies in Bangladesh are eyeing 2025 with cautious optimism, as 50 percent anticipate a rise in operating profits despite persistent hurdles.

www.thedailystar.net

Half of Japanese firms optimistic about profit growth in 2025: survey

After a challenging year, Japanese companies in Bangladesh are eyeing 2025 with cautious optimism, as 50 percent anticipate a rise in operating profits despite persistent hurdles.

However, political instability, unclear regulatory policies, and difficulties in local procurement continue to hinder smooth business operations, according to findings of the latest Japan External Trade Organisation (Jetro) survey 2024, which will be released today.

The report also highlighted both optimism and concerns among Japanese firms navigating these obstacles.

As of 2024, nearly 315 Japanese companies are operating in Bangladesh, with cumulative investments exceeding $508 million.

Despite the interest from Japanese businesses, the percentage of companies expecting profitability in Bangladesh in 2024 remains among the lowest in Asia and Oceania, standing at just 37.4 percent, according to the Jetro survey.

However, looking ahead to 2025, 50 percent of these companies anticipate a rise in operating profits, indicating cautious optimism.

Bangladesh has consistently ranked as one of the top investment destinations in South Asia for Japanese firms, with 57.7 percent of surveyed companies planning to expand their business activities in the next one to two years.

"The local market demand is a significant factor driving this expansion," said Yuji Ando, country representative of the Jetro in Dhaka.

"However, a combination of structural inefficiencies and policy uncertainties pose serious challenges," he said.

Among the major concerns highlighted in the survey are political and social instability, unpredictable regulatory policies, and insufficient infrastructure.

Notably, 94.8 percent of Japanese firms cited political uncertainty as a key risk while 75.3 percent pointed to unclear government policy management.

Moreover, Bangladesh's legal and administrative processes, including delays in obtaining permits and tax-related complexities, were identified as significant hurdles to smooth business operations.

Further challenges are posed by a shortage of skilled labour, which impacts productivity and efficiency.

Japanese companies have noted that while Bangladesh has a growing workforce, gaps in technical training and professional expertise create barriers to scaling up operations.

Investing in workforce development, Ando suggested, would significantly improve the investment climate and increase the competitiveness of the local industry.

A key area where Bangladesh struggles is in local procurement, which remains significantly lower than in other regional economies.

Only 23.3 percent of materials and parts used by Japanese companies are sourced locally, compared to higher rates in Vietnam, Indonesia, and India.

"The lack of reliable suppliers meeting international quality and technical standards remains a major obstacle," Ando noted.

The survey found that 79.3 percent of Japanese companies in Bangladesh faced difficulties in finding suppliers who met their quality requirements while 55.2 percent reported challenges in securing necessary raw materials.

To mitigate this, Japanese businesses are calling for more investment in the backward linkage industries and increased government support to strengthen local supply chains.

"Improving the local supplier ecosystem is critical to reducing dependency on imports and ensuring cost efficiency in production," Ando emphasised.

Additionally, logistical inefficiencies, such as delays at ports and high transportation costs, further complicate supply chain operations.

Japanese firms have called for streamlined customs procedures and improved transport infrastructure to ensure a more seamless movement of goods, which would reduce costs and enhance profitability.

Despite these obstacles, Japanese firms see long-term potential in Bangladesh, given its growing consumer base and strategic location.

The Jetro report suggests that expansion of business activities in Bangladesh remains a priority, particularly in sectors such as high-value manufacturing, consumer goods, and technology.

Ando emphasised that while Bangladesh presents numerous investment opportunities, addressing regulatory transparency and policy consistency would be essential in sustaining investor confidence.

"A stable and predictable business environment is crucial for attracting more Japanese investments," he noted.

One promising development is an increase in economic cooperation between Japan and Bangladesh.

Large-scale infrastructure projects supported by Japanese investment, such as the ongoing construction of the Matarbari deep-sea port and various road and energy projects, demonstrate Japan's commitment to enhancing Bangladesh's business environment.

These improvements could alleviate some of the logistical constraints currently affecting foreign businesses.

With Japan being one of Bangladesh's largest development partners, continued collaboration between the two nations could help overcome these challenges and pave the way for stronger economic ties.

Experts believe that a combination of government policy reforms, infrastructure advancements, and skilled workforce development will be key to ensuring long-term success for Japanese investors in Bangladesh.

While risks persist, the overall sentiment remains one of cautious optimism as Bangladesh works towards becoming a more favourable investment destination.

If the country can successfully address its regulatory and infrastructure shortcomings, it has the potential to emerge as a premier hub for Japanese investment in South Asia.​

 

[Saif]

Political stability key to higher Japanese investment: experts

Bangladesh must ensure long-term political stability, maintain policy consistency, and improve regulatory processes to create an environment conducive to attracting more Japanese investment, according to speakers at a discussion yesterday.

www.thedailystar.net

Political stability key to higher Japanese investment: experts

Bangladesh must ensure long-term political stability, maintain policy consistency, and improve regulatory processes to create an environment conducive to attracting more Japanese investment, according to speakers at a discussion yesterday.

The findings of the Japan External Trade Organization (Jetro) 2024 survey have underscored the country's resilience and investment potential, particularly in attracting Japanese businesses, they said.

The discussion on the "2024 Jetro Survey on Business Conditions of Japanese Companies in Asia and Oceania" was organised by Jetro at The Westin Dhaka.

"Political stability and policy consistency remain vital to investor confidence," said Ashik Chowdhury, executive chairman of Bida

"Bangladesh's investment potential and key areas for improvement have been reflected in the Jetro 2024 survey," said Ashik Chowdhury, executive chairman of the Bangladesh Investment Development Authority (Bida).

Speaking on the country's commitment to fostering a business-friendly environment, he reaffirmed Bida's dedication to addressing investor concerns, particularly those of Japanese businesses.

"The structured flow of human capital is crucial," he said, noting that Japanese investors emphasise skilled labour export and knowledge exchange.

Bida is actively working to streamline labour management systems to ensure a stronger economic partnership with Japan, he said.

Chowdhury also stressed the need to integrate Bangladesh into the broader regional trade network.

He acknowledged that investment decision-making varies globally and that Japanese investors typically adopt a long-term approach.

"Political stability and policy consistency remain vital to investor confidence," he said.

Chowdhury also emphasised the need for structural reforms to ensure transparency and predictability.

"Developing quantifiable indicators will help track progress and build a more stable investment environment," he said.

An upcoming investment summit has drawn significant global interest, said Chowdhury, expressing optimism about Bangladesh's potential to become a leading investment destination.

Saida Shinichi, Japan's ambassador to Bangladesh, said the findings of the Jetro survey reaffirm what has long been recognised—that Bangladesh holds immense potential as a destination for Japanese investment.

He said the country's business environment was improving and that despite global uncertainties, the Bangladeshi economy remained resilient.

"While some investors may be waiting for the outcome of upcoming national elections, it is reassuring to see a growing sense of stability and optimism in the market," he said.

"My recent visit to Japan, along with high-level exchanges between our two countries, highlights the deepening economic relationship we share," he pointed out.

"However, to fully unlock this potential, we must continue working together to enhance business conditions, address investor concerns, and ensure long-term policy continuity," the ambassador emphasised.

He also said Japanese companies were eager to explore opportunities in Bangladesh, particularly in manufacturing, infrastructure, and human capital development.

"To attract more investment, it is crucial to streamline regulatory processes, improve logistics, and create a more predictable business environment," he said.

"These efforts will not only benefit Japanese investors but also contribute to Bangladesh's long-term economic growth," Shinichi added.

He said stability, continuity, and cooperation would be essential in shaping a future where Japanese and Bangladeshi businesses thrive together.

"I… remain confident that, through collaboration, we can further strengthen our economic partnership," he said.

"Japan remains committed to supporting Bangladesh's development journey, and I believe our cooperation will only grow stronger in the years ahead," Shinichi said.

"The Jetro 2024 survey highlights Bangladesh's strong business momentum despite political changes, reflecting its resilience and investment potential," said Tareq Rafi Bhuiyan, president of the Japan-Bangladesh Chamber of Commerce and Industry.

He said Japanese companies were increasingly exploring both export and domestic market opportunities, showcasing confidence in Bangladesh's economic landscape.

However, for sustainable growth, key factors must be addressed—ensuring political stability, maintaining policy consistency, and developing backward linkage industries to enhance local procurement, he added.

"BIDA's proactive approach and the Japanese ambassador's continuous support are crucial in this regard. Strengthening these areas will further solidify Bangladesh's position as a key investment destination for Japanese businesses," he said.

Yuji Wagata, vice president of the Japanese Commerce and Industry Association in Dhaka, said they were committed to creating a stable and conducive environment for business growth through collaboration and effective regulation.

"By working together, we can enhance Bangladesh's business climate and contribute to its economic development," he said.

Yuji Ando, country representative of Jetro in Dhaka, highlighted that business momentum in Bangladesh remains strong despite political changes.

He said Japanese companies were increasingly exploring both export-oriented and domestic market opportunities in the country.

He emphasised that political stability, policy consistency, increasing local procurement to reduce costs, and the development of backward linkage industries were crucial for business expansion.

Ando stressed that the success of Japanese companies in Bangladesh directly contributes to the country's foreign direct investment promotion, underscoring the importance of continuous efforts and dialogue in business development.​

 

[Saif]

Over 60pc Japanese cos keen to expand business in Bangladesh

Japanese vice-minister for economy, trade and industry Matsuo Takehiko while referring to a survey said that more than 60 per cent of the Japanese companies were considering expanding their business in Bangladesh...

www.newagebd.net

Over 60pc Japanese cos keen to expand business in Bangladesh
Bangladesh Sangbad Sangstha . Dhaka 23 April, 2025, 22:41

Participants pose for photo during The 6th Bangladesh-Japan public-private joint economic dialogue held on Wednesday at the Ministry of Economy, Trade and Industry at Tokyo in Japan. | BSS photo

Japanese vice-minister for economy, trade and industry Matsuo Takehiko while referring to a survey said that more than 60 per cent of the Japanese companies were considering expanding their business in Bangladesh.

He said that his government is ready to facilitate enhancing Japanese investment in Bangladesh through public private partnership.

The vice-minister was speaking at the 6th Bangladesh-Japan Public-Private Joint Economic Dialogue held today at the Japanese Economy, Trade and Industry ministry in Tokyo, according to a message received here today.

The Bangladesh delegation, comprising senior government officials and private sector representatives, was led by principal secretary to the chief advisor M Siraz Uddin Miah.

Bangladesh Ambassador to Japan Md Daud Ali and Japanese Ambassador to Bangladesh Saida Shinichi also attended the event.

The dialogue provided a platform for continued open and constructive engagement between stakeholders from both countries.

The discussions focused on strengthening trade and investment cooperation, with particular attention to connectivity, the Bay of Bengal Industrial Growth Belt (BIG-B), logistics, energy transition, agriculture, and the simplification of tax and customs procedures.

At the dialogue, Bangladesh highlighted its investment potential and ongoing reform initiatives aimed at fostering a more business-friendly environment.

The Japanese side was updated on the progress made in response to earlier feedback from Japanese investors.

The Japanese delegation conveyed their private sector’s strong satisfaction with Bangladesh’s improving business climate, noting that the number of Japanese companies in the country has tripled over the past decade.

This reflects increased investor confidence and strong interest in business expansion.

Both sides reaffirmed their commitment to deepening bilateral economic ties and expressed the hope for concluding the Economic Partnership Agreement (EPA) by the end of this year.

Bangladesh reiterated its full support to facilitate Japanese investment and emphasized its willingness to work closely with Japanese stakeholders.

The Japanese side welcomed the ongoing reforms and expressed optimism that the current momentum would continue.

Principal Secretary Miah assured that the Bangladesh government will continue working to address the key challenges, as raised in the discussion.

He highlighted reform and automation efforts to ensure a more investor-friendly environment and underscored the importance of concluding the EPA before Bangladesh’s graduation from Least Developed Country (LDC) status.

The dialogue, held in a hybrid format, was attended by senior officials from both governments and prominent business leaders.

From Bangladesh, participants included representatives from the chief advisor’s Office, National Board of Revenue, Ministry of Commerce, Bangladesh Investment Development Authority (BIDA), Bangladesh Bank and FBCCI.

From the Japanese side, participants included among others the Chairman of the Japan-Bangladesh Committee for Commercial and Economic Co-operation of the Japan Chamber of Commerce and Industry (JCCI), Japanese foreign ministry and other ministries officials as well as heads of the JICA and JETRO offices in Bangladesh and representatives from the Japanese private sector.​

 

[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.​