[🇧🇩] Strategic Aspect of Bangla-Japan Relation

[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.​

 

[Saif]

Japan sees Yunus’ visit as chance to deepen ties

Japan on Monday said Chief Adviser Prof Muhammad Yunus’ official visit to Japan is expected to ‘further strengthen’ the friendly relations between the two countries. The Chief Adviser will pay an ‘official working visit’ to Japan from May 28 to 31. During his stay in

thefinancialexpress.com.bd

Japan sees Yunus’ visit as chance to deepen ties

UNB
Published :
May 26, 2025 18:30
Updated :
May 26, 2025 18:30

Japan on Monday said Chief Adviser Prof Muhammad Yunus’ official visit to Japan is expected to ‘further strengthen’ the friendly relations between the two countries.

The Chief Adviser will pay an ‘official working visit’ to Japan from May 28 to 31.

During his stay in Japan, Prime Minister Ishiba Shigeru will hold a Bangladesh-Japan Summit meeting with Chief Adviser Prof Yunus.

The Chief Adviser will also attend the Nikkei Forum 30th ‘Future of Asia’.

This will be Prof Yunus’ first visit to Japan as the Chief Adviser, said the Japanese Ministry of Foreign Affairs.

Meanwhile, Japanese Ambassador to Bangladesh Saida Shinichi talked to a select group of reporters at his residence on various aspects of the visit.

Prof Yunus visited Japan multiple times, including the visit to attend the 2004 Nikkei Asia Prize award ceremony and the participation in the Ministry of Foreign Affairs’ Opinion Leader Invitation Program in 2007.​

 

[Saif]

Dhaka to seek US$1b soft loan during CA's Japan visit

Bangladesh will seek USD 1 billion soft loan from Japan during the upcoming official visit of Chief Adviser Professor Dr Muhammad Yunus to Tokyo

en.prothomalo.com

Dhaka to seek US$1b soft loan during CA's Japan visit

BSS
Updated: 26 May 2025, 22: 06

Flags of Bangladesh and Japan BSS

Bangladesh will seek USD 1 billion soft loan from Japan during the upcoming official visit of Chief Adviser Professor Dr Muhammad Yunus to Tokyo, scheduled for 28-31 May.

"The main focus of this visit is budgetary support," said Acting Foreign Secretary Md Ruhul Alam Siddique while addressing a curtain-raiser press briefing at the Ministry of Foreign Affairs this afternoon.

Chief Adviser Yunus is expected to depart Dhaka early Wednesday for the four-day visit, during which he will hold bilateral talks with Japanese Prime Minister Shigeru Ishiba on 30 May, aimed at deepening cooperation across a wide range of strategic areas.

"The formal announcement of the soft loan is expected following the bilateral talks, after which an exchange of notes will be signed," Siddique said.

Tokyo will accord a red-carpet welcome to the Chief Adviser upon his arrival, including a guard of honour, he said.

The Acting Foreign Secretary said the visit will prioritise the enhancement of bilateral relations, with special focus on economic and strategic collaboration.

A total of seven Memorandums of Understanding (MoUs) are expected to be signed during the visit, covering energy cooperation, human resource development, manpower export, and the establishment of special economic zones.

Professor Yunus will also participate in the Nikkei 30th Future of Asia Conference to be held in Tokyo on 29–30 May, where he will deliver a keynote speech in a plenary session.

He was invited to the forum by Japanese Parliamentary Vice-Minister for Foreign Affairs Ikuina Akiko earlier this year.

The Chief Adviser is also a recipient of the prestigious Nikkei Asia Prize, awarded in 2004.

Highlighting the broader significance of the visit, Siddique said discussions will include a wide range of bilateral and multilateral issues, including trade and investment, political and economic cooperation, security, regional and global developments, and the issue of forcibly displaced Rohingyas from Myanmar.

Japan has reiterated its commitment to strengthening engagement with Bangladesh under the Bay of Bengal Industrial Growth Belt (Big-B) initiative and the broader Free and Open Indo-Pacific Strategy, he said.

As part of these initiatives, Japan aims to support high-quality infrastructure projects in Bangladesh and promote the expansion of Japanese manufacturing value chains, he added.

Diplomatic sources noted that both countries will seek to further enhance ties under the Japan-Bangladesh Strategic Partnership with an emphasis on people-to-people connectivity, cultural exchanges, and sectoral cooperation.

Director General of the East Asia & Pacific Wing Mohammed Nore-Alam and Director General of the Public Diplomacy Wing Shah Asif Rahman also addressed the media.​

 

[Saif]

Prof Yunus seeks JICA’s greater support for MIDI

Chief Adviser Professor Muhammad Yunus on Thursday called upon the Japan International Cooperation Agency (JICA) to bolster its support for the Moheshkhali-Matarbari Integrated Development Initiative (MIDI), aiming to transform the region into a vital engine for Bangladesh’s future economic g

thefinancialexpress.com.bd

Prof Yunus seeks JICA’s greater support for MIDI
Moheshkhali-Matarbari region seen as pivotal engine for future economic growth

Published :
May 29, 2025 18:19
Updated :
May 29, 2025 18:19

Chief Adviser Professor Muhammad Yunus on Thursday called upon the Japan International Cooperation Agency (JICA) to bolster its support for the Moheshkhali-Matarbari Integrated Development Initiative (MIDI), aiming to transform the region into a vital engine for Bangladesh’s future economic growth.

The request was made during a meeting with JICA President Dr Tanaka Akihiko on the sidelines of the 30th Nikkei Forum: Future of Asia, held at the Imperial Hotel in Tokyo, reports UNB.

“The MIDI region represents the future of Bangladesh,” Prof Yunus said. “With access to the Bay of Bengal, we are developing deep-sea ports, highways, and railway links to connect the MIDI region with Nepal, Bhutan, and other parts of South Asia.”

JICA initially proposed the development of a deep-sea port at Matarbari. The interim government, under Prof Yunus’ leadership, is now formulating a comprehensive master plan to transform the entire MIDI region into a hub for ports, logistics, fishing, energy and power.

“Our vision includes building a megacity in the region,” Prof Yunus added, noting that airports are also being upgraded to accommodate increased travel demands.

Dr Tanaka reaffirmed JICA’s commitment to the MIDI development but emphasised the need for accelerated decision-making to expedite project implementation.

In response, Prof Yunus announced plans to appoint a senior official to oversee MIDI projects and coordinate efforts with JICA and other potential foreign investors.

The Chief Adviser also revealed plans to establish free trade zones within the MIDI area, inviting foreign investors to set up manufacturing plants aimed at export markets.

Besides, the government intends to create an exclusive fisheries zone in the region, enabling large fishing vessels to operate.

“We need to engage in deep-sea fishing,” Prof Yunus explained. “Currently, fishing vessels from neighbouring countries exploit these waters, while our trawlers are too small for deep-sea operations. By developing our capabilities, we can process the catch in the fisheries zone for both export and domestic consumption.”

Dr Tanaka said this was possibly the first time he had heard a Bangladeshi leader discuss deep-sea fishing initiatives.

The two leaders also discussed Bangladesh’s reform agenda following the July uprisings, the country’s democratic transition, and the Interim Government’s anti-corruption efforts.

Prof Yunus confirmed that general elections are scheduled to be held between December and June, after which he plans to return to his previous work once an elected government assumes office.

The Rohingya crisis was also discussed, with the Chief Adviser seeking increased JICA’s support for humanitarian responses.

Dr Tanaka expressed JICA’s willingness to participate in international efforts addressing the Rohingya crisis.​

 

[Saif]

Japan to recruit 1,00,000 Bangladeshi workers in 5yrs

Japanese authorities and businesses on Thursday announced plans to recruit at least 1,00,000 workers from Bangladesh in the next five years to meet the country’s growing labourers’ shortage.

www.newagebd.net

Japan to recruit 1,00,000 Bangladeshi workers in 5yrs
Bangladesh Sangbad Sangstha . Tokyo, Japan 29 May, 2025, 20:01

The national flags of Bangladesh and Japan. | File photo

Japanese authorities and businesses on Thursday announced plans to recruit at least 1,00,000 workers from Bangladesh in the next five years to meet the country’s growing labourers’ shortage.

Speaking at a seminar titled, ‘Bangladesh seminar on human resources’, chief adviser Professor Muhammad Yunus said that the interim government of Bangladesh would do everything in its capacity to create the job opportunities for Bangladeshis in Japan.

‘This is going to be the most exciting day for me, the most inspiring day. This will open the door for Bangladeshis not to only work but to know Japan,’ he said.

The chief adviser witnessed the signing of two Memorandum of Under standings – first between Bangladesh’s Bureau of Manpower Employment and Training and Kaicom Dream Street, a Japan-Bangladesh joint venture, and second among Bangladesh’s BMET and Japan’s National Business Support Combined Cooperatives, a business federation with over 65 receiving companies operating in the country, and Japan Bangla Bridge Recruiting Agency at the event organised in Toshi Kaikan conference hall in Tokyo.

Yunus noted that Bangladesh was a country of 180 million people, and half of them were under 27. The government’s job was to open the door for them.

Mitsuru Matsushita, representative director of supervising organisation Shizuoka Workplace Environment Improvement Cooperative, said that many Japanese companies were facing enquiries about Bangladeshis, and he believed the trend would continue.

‘Bangladeshi talents hold great potential. It is our duty to nurture their talent,’ he said.

Mikio Kesagayama, chairman of NBCC, recalled that about 14 years ago, Professor Yunus came to Japan and was telling stories about helping women through microcredit.

‘Our Federation looks to Bangladesh for young and capable labour. They can contribute to the development of both Bangladesh and Japan. In the coming five years, we are prepared to welcome more than 1,00,000 Bangladeshi workers,’ he said.

Sharing the future plan on the recruitment of Bangladeshis in the Japanese industries, Miki Watanabe, president of Watami Group, said that a school, they established in Bangladesh, trained 1,500 students every year, and they were then planning to raise the number to 3,000.

‘With technical education in Bangladesh, they can enter the job market in Japan,’ he said.

Hiroaki Yagi, chairman of Japan International Trainee and Skilled Worker Cooperation Organisation, shared the potential and challenges for Bangladeshis in the Japanese labour market.

He said that the number of language teachers in Bangladesh was still short.

Niki Hirobumi, state minister of the ministry of health, labour and welfare in Japan, said that his country was facing a declining population and thus would need the support of Bangladeshi workforce.

‘This can be promising not only for Bangladesh but also for Japan,’ he said.

In his welcome speech, Daud Ali, Bangladesh ambassador to Japan, said that by 2040, the Japanese labour shortage could reach 11 million, and Bangladesh could take the opportunity to send more skilled workers.

Foreign adviser Md Touhid Hossain, chief adviser’s special envoy Lutfey Siddiqi and principal coordinator on SDG affairs Lamiya Morshed were also present at the meeting.​

 

[Saif]

Yunus, Japanese PM to hold talks tomorrow eyeing greater cooperation

Chief Adviser Professor Muhammad Yunus and Japan Prime Minister Ishiba Shigeru are set to hold bilateral talks tomorrow which will outline areas of cooperation to further strengthen the relations between the two friendly nations

www.thedailystar.net

Yunus, Japanese PM to hold talks tomorrow eyeing greater cooperation

Chief Adviser Professor Muhammad Yunus and Japan Prime Minister Ishiba Shigeru are set to hold bilateral talks tomorrow which will outline areas of cooperation to further strengthen the relations between the two friendly nations.

Ahead of the meeting, Prof Yunus said he is looking forward to his meeting with the Japanese prime minister to expand the ongoing collaboration between the two countries in different sectors.

"There are so many areas of collaboration between Japan and Bangladesh; I want to build on this," the chief adviser said when President and CEO of Nikkei Inc. Tsuyoshi Hasebe called on him at the Imperial Hotel.

Japan said PM Ishiba Shigeru's bilateral talks with Prof Yunus would render a "precious opportunity" for Japan to indicate its further support to the transition efforts of the chief adviser and his interim government.

Prof Yunus and Shigeru Ishiba will discuss "strategic bilateral" issues to strengthen the relations on all fronts.

"The meeting will discuss various strategic bilateral issues between Bangladesh and Japan – trade and investment, cooperation in the areas of agriculture, infrastructure, human resources development," said Acting Foreign Secretary Md Ruhul Alam Siddique.

Prior to the meeting, the chief adviser will be given a red carpet reception and a guard of honour, he said.

The chief adviser is scheduled to arrive at Prime Minister's Office of Japan at 10:00am (Tokyo time).

"The main focus of this visit is budgetary support," Ruhul said, adding that a total of seven MoUs are likely to be signed during the official visit of the chief adviser.

Chief Adviser's Press Secretary Shafiqul Alam on Tuesday said Bangladesh is expecting to get $500 million budgetary supports from Japan in addition to $250 million for the country's railway sector with likely support in other areas as the two countries eye to further strengthen relations.

Bangladesh has sought $1 billion from Japan in the form of "soft loan", and the announcement will come formally after the bilateral talks between the two leaders and an exchange of notes will be signed.​

 

[Bilal9]

Japan to recruit 1,00,000 Bangladeshi workers in 5yrs

Japanese authorities and businesses on Thursday announced plans to recruit at least 1,00,000 workers from Bangladesh in the next five years to meet the country’s growing labourers’ shortage.

www.newagebd.net

Japan to recruit 1,00,000 Bangladeshi workers in 5yrs
Bangladesh Sangbad Sangstha . Tokyo, Japan 29 May, 2025, 20:01

View attachment 17971
The national flags of Bangladesh and Japan. | File photo

Japanese authorities and businesses on Thursday announced plans to recruit at least 1,00,000 workers from Bangladesh in the next five years to meet the country’s growing labourers’ shortage.

Speaking at a seminar titled, ‘Bangladesh seminar on human resources’, chief adviser Professor Muhammad Yunus said that the interim government of Bangladesh would do everything in its capacity to create the job opportunities for Bangladeshis in Japan.

‘This is going to be the most exciting day for me, the most inspiring day. This will open the door for Bangladeshis not to only work but to know Japan,’ he said.

The chief adviser witnessed the signing of two Memorandum of Under standings – first between Bangladesh’s Bureau of Manpower Employment and Training and Kaicom Dream Street, a Japan-Bangladesh joint venture, and second among Bangladesh’s BMET and Japan’s National Business Support Combined Cooperatives, a business federation with over 65 receiving companies operating in the country, and Japan Bangla Bridge Recruiting Agency at the event organised in Toshi Kaikan conference hall in Tokyo.

Yunus noted that Bangladesh was a country of 180 million people, and half of them were under 27. The government’s job was to open the door for them.

Mitsuru Matsushita, representative director of supervising organisation Shizuoka Workplace Environment Improvement Cooperative, said that many Japanese companies were facing enquiries about Bangladeshis, and he believed the trend would continue.

‘Bangladeshi talents hold great potential. It is our duty to nurture their talent,’ he said.

Mikio Kesagayama, chairman of NBCC, recalled that about 14 years ago, Professor Yunus came to Japan and was telling stories about helping women through microcredit.

‘Our Federation looks to Bangladesh for young and capable labour. They can contribute to the development of both Bangladesh and Japan. In the coming five years, we are prepared to welcome more than 1,00,000 Bangladeshi workers,’ he said.

Sharing the future plan on the recruitment of Bangladeshis in the Japanese industries, Miki Watanabe, president of Watami Group, said that a school, they established in Bangladesh, trained 1,500 students every year, and they were then planning to raise the number to 3,000.

‘With technical education in Bangladesh, they can enter the job market in Japan,’ he said.

Hiroaki Yagi, chairman of Japan International Trainee and Skilled Worker Cooperation Organisation, shared the potential and challenges for Bangladeshis in the Japanese labour market.

He said that the number of language teachers in Bangladesh was still short.

Niki Hirobumi, state minister of the ministry of health, labour and welfare in Japan, said that his country was facing a declining population and thus would need the support of Bangladeshi workforce.

‘This can be promising not only for Bangladesh but also for Japan,’ he said.

In his welcome speech, Daud Ali, Bangladesh ambassador to Japan, said that by 2040, the Japanese labour shortage could reach 11 million, and Bangladesh could take the opportunity to send more skilled workers.

Foreign adviser Md Touhid Hossain, chief adviser’s special envoy Lutfey Siddiqi and principal coordinator on SDG affairs Lamiya Morshed were also present at the meeting.​

Al-hamdu-lillah!

Best news I have heard all week.

 

[Saif]

Japan, Bangladesh to sign economic partnership deal by year-end: PM Ishiba

Japan’s Prime Minister Shigeru Ishiba announced that Bangladesh, under the leadership of Nobel laureate Professor Dr Muhammad Yunus, is entering a new era of transformation. During a bilateral meeting with Dr Yunus in Tokyo, Ishiba confirmed that the two friendly nations will finalise an Eco

thefinancialexpress.com.bd

Japan, Bangladesh to sign economic partnership deal by year-end: PM Ishiba

FE ONLINE DESK
Published :
May 30, 2025 22:26
Updated :
May 30, 2025 22:26

Japan’s Prime Minister Shigeru Ishiba announced that Bangladesh, under the leadership of Nobel laureate Professor Dr Muhammad Yunus, is entering a new era of transformation.

During a bilateral meeting with Dr Yunus in Tokyo, Ishiba confirmed that the two friendly nations will finalise an Economic Partnership Agreement (EPA) by the end of the year to boost trade and investment, according to local media.

In a joint statement, both leaders reaffirmed their commitment to deepening economic ties and strengthening strategic cooperation. Ishiba praised Bangladesh’s ongoing democratic transition and assured continued Japanese support. Dr Yunus expressed gratitude for Japan’s unwavering assistance during the interim government's reform efforts.

Dr Yunus also sought Japanese support for key infrastructure projects, including expressways, bridges, and energy terminals, and called for increased Japanese investment in Bangladesh’s high-tech and industrial sectors.

The leaders also discussed regional geopolitics and the Rohingya crisis, with Dr Yunus urging Japan to intensify efforts for a lasting solution. Prime Minister Ishiba expressed admiration for Dr Yunus’s global contributions to poverty alleviation and indicated his interest in visiting Bangladesh soon.​

 

[Saif]

CA urges Japanese firms to invest in Bangladesh

Chief Adviser Professor Muhammad Yunus on Friday called upon Japanese companies to invest in Bangladesh and help its economic recovery and rebuilding efforts. “Today, we are in a situation when we need your support most. We have come a long way. The rest of the journey should be of doing thi

thefinancialexpress.com.bd

CA urges Japanese firms to invest in Bangladesh

Published :
May 30, 2025 20:19
Updated :
May 30, 2025 20:26

Chief Adviser Professor Muhammad Yunus on Friday called upon Japanese companies to invest in Bangladesh and help its economic recovery and rebuilding efforts.

“Today, we are in a situation when we need your support most. We have come a long way. The rest of the journey should be of doing things together with fun and enjoyment,” he told a roundtable in Tokyo.

Japan External Trade Organization (JETRO) arranged the meeting at its headquarters, reports BSS.

Top executives of Japanese companies in Bangladesh were present at the meeting with significant business interests.

Prof Yunus said during the past 16 years, everything Bangladesh had was demolished in many ways.

“Our financial situation brought to negative situation, rather than zero. Banking system collapsed... our foreign exchange reserve went down, administrative and police system collapsed. That’s our starting point,” he said.

The Chief Adviser said the past ten months of his interim government’s journey have been about building things piece by piece.

“That’s why the support of the government of Japan and the business people of Japan will be extremely helpful,” he said.

Prof Yunus said his government’s commitment is to create a new Bangladesh because there were so many bad things in the old Bangladesh.

“We want to keep a distance from old Bangladesh. So, that’s our journey - to create a new Bangladesh. In that journey, you would be our friends and partners and you will be inspiring us. Wonderful to see you all. It is something that reassures us,” he told the Japanese entrepreneurs.

Prof Yunus said it is an opportunity to build the nation, leaving behind all the terrible things that happened in the past.

“We hope that will be a matter of the past... we have all the terrible experience, and we want to keep it as a thing of the past. We want to lay a foundation of a new future,” he said.

The Chief Adviser said Bangladesh got a “sign of life” with the departure of the autocratic regime and sought a “breathing space” to fix the mess.

He said the shortcomings that Bangladesh has now would soon be over.

Norihiko Ishiguro, JETRO Chairman & CEO, in his opening remarks at the event, said Bangladesh has seen remarkable growth and investment opportunities in recent years.

Fumiya Kokubu, Chairman of the Japan Bangladesh Committee for Commercial and Economic Cooperation (JBCCEC) and Director, Member of the Board, and Executive Corporate Advisor, Marubeni Corporation, said 85 percent of Japanese companies having business in Bangladesh hope the Economic Partnership Agreement (EPA) would be signed this year.

He called for bringing reform tax regulations to remove barriers for investors in Bangladesh.

Shinichi Saida, Ambassador of Japan in Bangladesh, said the most significant item that the Interim Government protected was the economy; no project was halted, and no businesses were suspended.

Shingo Ueno, CEO of Sumitomo Corporation; Mitsuru Izumo, CEO of Euglena Co., Ltd; Steven Winn, Chief Global Strategist of JERA; Kazunori Ogawa, Senior Managing Director of JBIC; Shigeyoshi Onoda, President of ONODA Inc.; Kazuya Nakajo, Executive Vice President of JETRO; and Mayumi Murayama, Executive Vice President of IDE-JETRO, spoke, among others, in the roundtable discussion.

Lutfey Siddiqi, Special Envoy of the Chief Adviser, delivered the concluding statement.​