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Int’l Relation

Diplomats ask for additional security

Diplomats on Tuesday asked for additional security everywhere across the country. After a government briefing with diplomats, British High Commissioner to Bangladesh Robert Gibson said, “We discussed about strengthening security everywhere.” diplomatsThe briefing which started at 3:15pm at the state guesthouse Padma, was attended by the heads of diplomatic missions, the UN and other international bodies in the country. Two foreigners in Bangladesh, Italian aid worker Cesare Tavella and Japanese Kunio Hoshi were shot dead in Dhaka and Rangpur in...

Funds crunch mires Indo-Bangla rail project

Five years after the plan for an India-Bangladesh railway network was approved, uncertainty persists over the project as no funds have been allocated yet, authorities said. “It is not certain when the work for the project would start. No funds have been allocated so far for the Agartala (India)-Akhaura (Bangladesh) railway project,” Northeast Frontier Railway (NFR) general manager R.K. Gupta told reporters here on Sunday evening. indo-Bangla railTripura Chief Minister Manik Sarkar said: “No funds were also allocated for land acquisi...

ADB to help finance India-Bangladesh power link

The Asian Development Bank (ADB) is to help finance a project to increase transmission capacity of an India-Bangladesh power link to allow Bangladesh to better meet sharply rising power demand. ADB’s $120 million loan to Bangladesh will double the capacity of the existing interconnector which links the power grid of western Bangladesh at Bheramara and the grid of eastern India at Bharampur. adb1The two networks were first interconnected in 2013, under a previous project financed by ADB. New transmission capacity will rise from 500 megawatts (MW) to 1,000 MW,...

Joint marine research with India

In a first of its kind, India will conduct a joint marine research with Bangladesh in its Exclusive Economic Zone (EEZ) to understand the ecology of the Bay of Bengal that affects the climatic conditions of the region. A team of scientists from the CSIR’s National Institute of Oceanography (NIO) will head to the Bay of Bengal in October-November along with its Research Vessel (RV) Sindhu Sadhana. bd-indiaThereafter India will also train Bangladeshi scientists in the field. India is also pushing for a joint cooperation in the field of oceanography ...

Discuss on BD-USA security issues Sept 11

Bangladesh and the United States (US) will discuss regional cooperation, and traditional and non-traditional security issues including cooperation in countering terrorism in the upcoming fourth Security Dialogue to be held in Washington DC on September 11. The Foreign Ministry notified the date of the dialogue officially on Monday and said issued like bd-us-flag1cyber security, disaster management, military cooperation and peacekeeping operations in the UN will be discussed in the meet. The Foreign Ministry said the cooperation between the two...

RMB instead of US$ advised for Sino-BD trade transaction

Bankers from Bangladesh and China suggested introduction of transaction in RMB (Chinese Yuan) instead of US Dollar for International Trade between the two countries. This will help in reducing cost of production and price volatility due to changing exchange rates of US Dollar between Bangladesh and Chinese currencies. It will also save additional costs as this will involve two currencies instead of three. This was suggested by the participants during a day-long Seminar on Bangladesh China Trade Finance : Role of Banks in Kunming, China last Friday ( 21 August). A total 45 senior