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  • Bangladesh-Japan relations

    Japan wants Dhaka to look east

    Nurul Islam Hasib, bdnews24.com
    Published: 2014-05-21 19:13:03.0 BdST Updated: 2014-05-22 02:10:07.0 BdST



    Japan will try to impress Prime Minister Sheikh Hasina to take “a serious look” towards the east for expanding trade during her upcoming Tokyo visit, its ambassador in Dhaka has said.


    Japanese envoy upbeat on Bangladesh
    2014-05-21 14:07:29.0
    Japan eyeing 'comprehensive partnership' with Bangladesh
    2014-03-22 18:25:34.0
    Dhaka-Tokyo ties to get a boost
    2014-05-15 21:34:30.0
    Hasina will leave Dhaka for Japan on the night of May 24 on a four-day official visit.

    Aambassador Shiro Sadoshima on Wednesday said the upcoming visit proved the bilateral relations between the two countries entered “a new phase”.

    Japan, which established diplomatic ties with Bangladesh in February 1972, is the largest bilateral development partner of the country.

    Its assistance comes regularly as grant, aid, technical assistance and soft loan. The total grants and aid reached $11 billion last year.

    The ambassador said Bangladesh had been “very successful” in connecting European and North American market and became number two ready-made clothes exporter in the world.

    He said Japanese business people would be “very happy” to work with Bangladesh “to diversify your industries”.

    “But at this moment this is not happening because your basic orientation is with the West, not seriously with the East yet,” he said.

    The ambassador was speaking with the diplomatic correspondents in Dhaka at a talks organised by Diplomatic Correspondents Association, Bangladesh (DCAB) with its President Mainul Alam in chair.

    General Secretary Angur Nahar Monty delivered the welcome speech in the talks, ahead of prime minister’s Tokyo visit.

    In the last seven years the number of Japanese companies operating in Bangladesh has nearly tripled --from 61 in 2007 to 176 in 2013.

    But the envoy said Japan wants to see Japanese big companies and establishments coming over to Bangladesh and set up their establishments.

    He said after China became costly, Japanese businesses were looking for alternatives and Vietnam already seized the opportunity.

    But still Bangladesh has potentials to attract them, he said.

    He said there were huge amount of trade taking place among Japan, Korea, China and ASEAN countries.

    “Bangladesh is sitting right next to this,” he said. “Bangladesh should take a very serious look at this”.

    “This will also satisfy your aspiration to diversify the base of your production in coming years and future as well”.

    Hasina has visited Tokyo twice in her last as many tenure.

    But Tokyo lays more importance on her this visit as it has a vision for this region, which Prime Minister Shinzo Abe cleared last year.

    Japan’s strategic intention was to combine two oceanic regions –Pacific Ocean and Indian Ocean – together for what the ambassador said larger space for Japan’s economic activities.

    He said it looks like a “butterfly” in which Bangladesh and Myanmar occupies the “lynchpin position” to connect these oceanic regions.

    “We now want to enhance the bilateral relations in political and economic areas (with Bangladesh),” he said, adding that Tokyo finds no problem in engaging with the current government, despite the Jan 5 elections were held without the participation of BNP.

    “We need closer policy dialogue so that both sides would be able to efficiently translate those visions and policies into reality”.

    He said the elections had been constitutional and there was no legal flaw at all in it.

    The envoy said Japan strongly believes that Bangladesh is going to play “a very important role for prosperity and peace of the region”.

    “And from Japan’s perspective it has also potential to provide large economic activities”.

    “We find many potentials here, hard working people, good number of engineers and bankers,” he said. “We like to invite all people to come here”.

    The envoy said the visit would further develop the relations through “a comprehensive partnership” that the Japanese foreign minister Fumio Kishida sought during his visit in March.

    “We want to make a difference when your PM visit Japan by inviting our investment here”.

    To do so, he said, “Japan is ready to do everything possible”.


    He, however, would not say specifically what would be discussed during the visit as, he said, he was not in a position to say so.

    “The visit will be very important particularly to promote bilateral economic relations,” he maintained.

    He said Japan might find out “opportunities” to collaborate with the government and the two armed forces to learn Bangladesh’s experiences in the field of peacekeeping.

    Dhaka is one of the major peacekeeper- sender countries in the world.

    He said Japan would be always behind Bangladesh to help constructing facilities and pointed out that lack of energy and infrastructure were the main stumbling blocks in the way of increases trade and investment.

    বাংলাদেশ ও বিশ্বের ব্রেকিং নিউজ সবার আগে পেতে ভিজিট করুন bdnews24.com. Read trusted, 24/7 live bilingual news, business, and entertainment updates




    - Japan is considered by some Bangladeshis to be the best friend of Bangladesh (others think it is China).

    - It has done more for Bangladesh than its so-called "Muslim brothers" such as Saudi Arabia and the GCC e.g. Saudi police harass Bangladeshi workers on the orders of the Saudi regime to display anger at the centre-left Bangladeshi government not being compliant to Pakistan.

    - I for one am deeply grateful to Japan for its invaluable support to our nation.

    - Bangladesh needs to look east i.e. to China, Japan, Malaysia, Indonesia who are our true friends.
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  • #2
    Dhaka wants Tokyo to invest in big way

    Hopes to wrap up major infrastructure projects during PM's visit

    Hasan Jahid Tusher and Rezaul Karim

    During her four-day visit to Japan from May 25, Prime Minister Sheikh Hasina will seek several billion dollars in assistance from Japan for infrastructure projects in the country.
    The projects include a second nuclear power plant in the southern part of Bangladesh, a rail bridge parallel to Bangabandhu Bridge over the Jamuna, a tunnel or bridge between Phulchari and Bahadurabad Ghat across the Jamuna, an exclusive economic zone for Japanese investors and development of Mawa-Kalna-Narail-Jessore road with a bridge at Kalna.

    The premier will also seek Japanese assistance for the Ganges Barrage project and Dhaka integrated flood control embankment/eastern bypass road multipurpose project, according to official documents.

    The government had sought $1 billion in assistance from China on January 15 to build the rail bridge over the Jamuna and the Ganges Barrage project.
    Hasina will hold talks with Japanese Prime Minister Shinzo Abe on May 26. This is Hasina's third visit to Japan as prime minister and the first during her current term as prime minister. She visited Japan in 1997 and 2010.
    A week after returning from Japan, Hasina will visit China, which has been the major financier in the last five years.

    “Several deals for Japanese government's assistance to implement projects will be signed during the prime minister's visit to Japan,” Abdus Sobhan Sikder, principal secretary to the Prime Minister's Office, told The Daily Star.
    He said the government has been planning to give several BEPZA plots to Japanese investors for setting up exclusive economic zone in Dhaka. Sikder said Japan has an exclusive zone in Chittagong and was doing very well there.
    These projects are in addition to the $4 billion Japanese financing for the 1,200 megawatt coal-fired power project along with a coal terminal in Matarbari of Maheshkhali island.

    “Japan has done a series of feasibility studies and came to a conclusion that Matarbari is the best location for a deep sea port and coal power plant,” said Japanese Ambassador Shiro Sadoshima.

    Speaking to members of the Diplomatic Correspondents Association, Bangladesh (DCAB) at the Jatiya Press Club yesterday, the ambassador said Japan would try to impress Hasina into looking towards the east more seriously to diversify the base of Bangladesh's production in the future.
    Bangladesh has been very successful in European and North American markets. But now it should prepare itself to diversify its products and explore new export markets, and Japan will be happy to collaborate with Bangladesh, he added.

    The ambassador said Bangladesh holds a key position in combining the economic activities of Indian Ocean and Pacific Ocean regions.
    Putting emphasis on regional comprehensive economic partnership, Sadoshima said shortages of energy and transportation infrastructure are the two barriers to investment in Bangladesh.
    “This should be addressed as quickly as possible. In general terms, Japan is always behind this country,” he said.

    The prime minister will return home from Japan on May 29 and visit China from June 6 to 11.

    She would sign a number of deals with the Chinese government regarding implementation of various infrastructure projects, including the deep-sea port.
    The government has already sought loans and grants of more than $8.6 billion from the Chinese government for implementing 18 projects including the construction of a rail/road bridge across the Karnaphuli river in Kalurghat of Chittagong.


    During her four-day visit to Japan from May 25, Prime Minister Sheikh Hasina will seek several billion dollars in assistance from Japan for infrastructure projects in the country. The projects include a second nuclear power plant in the southern part of Bangladesh, a rail bridge parallel to Bangabandhu Bridge over the Jamuna, a tunnel or bridge between Phulchari and Bahadurabad Ghat across the Jamuna, an exclusive economic zone for Japanese investors and development of Mawa-Kalna-Narail-Jessore road with a bridge at Kalna. The premier will also seek Japanese assistance for the Ganges Barrage p
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    • #3
      The Japanese government's vision of Indian Ocean and Pacific ocean trade connectivity coincides with similar visions of the Bangladeshi government.

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      • #4
        Pictures from Hasina's recent trip to Japan.















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        • #5
















          Japan pledges $6bn extra credit for Bangladesh


          Senior Correspondent, bdnews24.com
          Published: 2014-05-26 23:00:37.0 BdST Updated: 2014-05-27 00:35:52.0 BdST



          Japan has announced that it will extend an additional $6 billion credit line for Bangladesh for socio-economic development in next four-five years.







          A spokesperson for Prime Minister Sheikh Hasina told bdnews24.com that Japanese Prime Minister Shinzo Abe made the pledge during a meeting with her on Monday, the second day of her visit to the far-eastern country.

          The prime minister’s special assistant Mahbubul Hoque Shakil also said several ministers of the two countries attended the meeting.

          Hasina is on a four-day visit to Japan.

          Shakil said Hasina sought cooperation from Japan in different projects including building of Ganges barrage, multi-purpose tunnel under the Jamuna River, rail-bridge parallel to the Bangabandhu Bridge and Dhaka eastern bypass and recovery of four rivers in Dhaka.

          Abe pledged to send an economic mission to Bangladesh for extending the cooperation.

          Shakil said the two prime ministers announced that the bilateral relations would be deepened and developed to the ‘overall relation of partnership’.

          The Japanese leader expressed his country’s willingness to continue cooperation to Bangladesh for its social and economic development.

          He promised to consider easing procedures for import of knitwear from Bangladesh.

          The two leaders agreed to keep 40 plots in five export processing zones in Bangladesh and two industrial buildings reserved for Japanese investors and businesspeople.

          After the official meeting, foreign ministers of the two countries signed the exchange note of an ODA (official development assistance) loan package in presence of the prime ministers.

          Under the package, Japan will give Bangladesh 120 billion yen (around $1.18 billion) on easy condition to build a 1,200-megawatt power plant.

          The two leaders signed a joint communiqué after the meeting.

          Later at night, Abe hosted a banquet in honour of Hasina.

          Earlier, the Bangladesh prime minister was given a red carpet reception and guard of honour at state guest house, Akasaka Palace.

          Hasina made a courtesy call on Japanese Emperor Akihito at noon.

          Shakil said during her meeting with the emperor, she highlighted the success of her government’s poverty alleviation programme and land allotment among the landless.

          The prime minister invited Akihito to Bangladesh.

          বাংলাদেশ ও বিশ্বের ব্রেকিং নিউজ সবার আগে পেতে ভিজিট করুন bdnews24.com. Read trusted, 24/7 live bilingual news, business, and entertainment updates





          - Japan is respected in Bangladesh far more than America is. Japan gives far more money and aid but interferes far less in Bangladeshi internal affairs than the US does.


          - Most of the money is supposed to be used for aid and infrastructure but the deals also include:

          - EPZs (Export Processing Zones) for Japan, land specifically for them and their factories.

          - A peace centre to be built in Bangladesh.
          Last edited by Bengal_Tiger; 06-04-2014, 11:03 AM.
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          • #6
            MCCI inks deal with Jetro to promote bilateral trade

            Star Business Report



            Rokia Afzal Rahman, president of Metropolitan Chamber of Commerce and Industry, and Kei Kawano, country representative of Japan External Trade Organisation (Jetro), exchange documents after signing a memorandum of understanding at the chamber's conference hall in Dhaka yesterday.

            Japan External Trade Organisation (Jetro) and Metropolitan Chamber of Commerce and Industry (MCCI) have teamed up to promote bilateral trade and investment.

            Jetro, a Japanese government organisation, signed a memorandum of understanding with Bangladesh's leading chamber yesterday.

            Kei Kawano, country representative of Jetro, and Rokia Afzal Rahman, president of MCCI, signed the deal at the MCCI office on behalf of their respective organisations.

            Speaking on the occasion, Kawano said 30,000 Japanese firms have operations in China and the number is 8,000 in Thailand, but only 183 Japanese entities are in Bangladesh so far.

            “We are yet to reach the potential level, as 183 companies is not a big number (for Japan),” said Kawano.

            “Japanese companies operate in various sectors and they will be able to contribute to diversify Bangladesh's products.”

            Bangladesh is still an untapped market for Japanese investors, said the country chief of Jetro. A new era of bilateral business relationships has opened up with recent visits from the two countries' prime ministers, he added.


            However, he emphasised friendly business policies to attract Japanese investors to Bangladesh.

            The president of MCCI said Japan is a time-tested partner and the single largest donor country for the country.

            Rokia said the Japanese government and businesses have been showing greater interest in Bangladesh.

            “The recent visit by the Japanese premier and business delegates is a sign of this increase in interest,” she said.

            Also, the interest is reflected in different joint activities; for example, MCCI and IDE (the research wing of Jetro) have successfully completed a survey on selective industrial sub-sectors in Bangladesh, she said.

            The survey's purpose was to find industrial sub-sectors in Bangladesh that are fit for global markets. It also focused on what development outlook Bangladeshi entrepreneurs are harbouring to take their industries to the global market, said the MCCI chief.She said the purpose of the deal was to formalise the existing relation and cooperation between the two countries.

            “We will undertake specific activities to promote trade and investment between Bangladesh and Japan,” she said. MCCI will be hosting a programme in this regard in December this year, she added.

            On the MoU, Jetro's country chief said Japanese companies need local partners to do business in Bangladesh and the deal will facilitate this cooperation.

            Kawano also said they are now preparing to showcase Bangladesh's prominent companies -- all MCCI member firms -- before Japanese investors. He hoped many goods will be made by Japan in Bangladesh in near future.

            The MCCI and Jetro will exchange relevant market information about related industries in their respective countries, support each other's activities and jointly work to periodically arrange seminars and business match-making events, and collaborate on Japan-Bangladesh alliance in strategic industrial sectors.

            Both the organisations will initiate joint efforts to pursue the respective governments for a better and attractive investment environment and formulate a more business friendly policy regime, according to the MoU.

            Representatives from the two organisations will meet twice a year to review the progress of the activities and formulate plans for future activities.

            Rokia Afzal Rahman, president of Metropolitan Chamber of Commerce and Industry, and Kei Kawano, country representative of Japan External Trade Organisation (Jetro), exchange documents after signing a memorandum of understanding at the chamber's conference hall in Dhaka yesterday.




            *Japanese companies coming to Bangladesh is very good news.

            Japanese companies are well-known for their heavy stress on high quality and meticulousness.
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