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<item><title>Bangladesh health sector faces collapse</title><link>https://thearabianpost.com/bangladesh-health-sector-faces-collapse/</link>
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<pubDate>Wed, 27 Aug 2025 09:01:25 +0000</pubDate>
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<guid
isPermaLink="false">https://thearabianpost.com/?p=106811</guid><description><![CDATA[<p>By Tajul Islam When Bangladesh&#8217;s students took to the streets last year, their demands were clear: dismantle the structures of fascism, restore democracy, and build a government that put the people before politics. Their movement culminated in a historic moment on August 8, when Nobel laureate and Grameen Bank founder Dr. Muhammad Yunus was sworn in as Chief Advisor to the interim government. The appointment followed the [&#8230;]</p><p>The article <a
href="https://thearabianpost.com/bangladesh-health-sector-faces-collapse/">Bangladesh health sector faces collapse</a> appeared first on <a
href="https://thearabianpost.com">Arabian Post</a>.</p>
]]></description>
<content:encoded><![CDATA[<p>By <a
class="lar-automated-link" href="https://thearabianpost.com/search/Tajul+Islam?orderby=DSC" 87982  target="_self">Tajul Islam</a></p><p>When Bangladesh&rsquo;s students took to the streets last year, their demands were clear: dismantle the structures of fascism, restore democracy, and build a government that put the people before politics. Their movement culminated in a historic moment on August 8, when Nobel laureate and Grameen Bank founder Dr. Muhammad Yunus was sworn in as Chief Advisor to the interim government. The appointment followed the dramatic departure of former Prime Minister Sheikh Hasina to India on August 5 under army supervision, a move that signalled the end of her political era. The army chief, General Waqar-uz-Zaman, assured the public that this transition would serve the nation&rsquo;s best interests.</p><p>However, one year later, optimism has given way to disappointment. The interim government, hailed as a product of the people&rsquo;s movement, now stands accused of the very sins it pledged to eradicate-chief among them nepotism and cronyism. Nowhere is this more visible, or more damaging, than in the health sector, which teeters on the brink of collapse.</p><p>The root of the crisis lies in the appointment of Nurjahan Begum as Health Advisor. While she has been a long-time associate of Dr. Yunus, serving at Grameen Bank since its early days in 1976 and later becoming chairman in 2010, she has no academic background, professional training, or policy experience in health or medical administration. Her appointment appears to have been based solely on loyalty and personal history rather than merit or competence.</p><p>From the moment she assumed her role, critical decision-making slowed to a crawl. Experts say this lack of leadership has directly stalled progress in strategic planning, infrastructure development, disease prevention, and healthcare management. The situation has reached a breaking point with the unprecedented 18-month delay in approving the Operational Plan (OP) &ndash; the backbone of Bangladesh&rsquo;s health service delivery.</p><p>Bangladesh&rsquo;s health sector operates on rolling five-year strategies under the Health, Population and Nutrition Sector Programs (HPNSP). After the fourth programs ended, preparations for the fifth were underway, involving over a hundred Project Evaluation Committee (PEC) meetings. Yet, despite the groundwork, 38 operational plans remain unapproved-23 for the Health Services Department and 15 for the Health Education and Family Welfare Department.</p><p>This failure has brought crucial national health targets to a standstill. Efforts to expand healthcare access, lower maternal and child mortality rates, strengthen family planning services, and improve public health awareness have all stalled. The consequences are immediate and severe: over 25,000 health workers face the loss of their jobs, and many essential services have been either scaled back or shut down altogether.</p><p>The ripple effects are being felt across the country&rsquo;s primary healthcare system. Payments have been halted for 3,855 paid peer volunteers, 1,086 Ansar members, and 350 OP employees under the Department of Family Planning for the past 18 months. The disruption has paralyzed key functions &ndash; from maternal and child care to vaccination drives, disease surveillance, and hospital management.</p><p>At the community level, shortages of birth control kits and essential medicines have left thousands without access to basic services. In a move that baffled health experts, the Ministry of Health and Family Welfare recently scrapped the existing operational plan in favour of a new two-year project. Officials warn that such a project is unworkable in the short term and will only deepen the crisis. Public health professionals have already sounded the alarm that this policy misstep could derail Bangladesh&rsquo;s commitments to the Sustainable Development Goals (SDGs).</p><p>The issue is no longer confined to professional circles. In July, Hasnat Abdullah, the southern organizer of the pro-government National Citizen Party (NCP), openly called for Nurjahan Begum&rsquo;s resignation, questioning her qualifications and capacity to manage the nation&rsquo;s health system. Despite these public appeals, the interim government has taken no corrective action, further fuelling suspicions that personal loyalty is valued above competence.</p><p>The Health Advisor&rsquo;s perceived indifference became a national talking point following one of the country&rsquo;s most heartbreaking tragedies. On July 21, a Bangladesh Air Force F-7 training jet crashed into Milestone School and College in Diyabari, Uttara, claiming the lives of students and injuring many others. While the nation grieved, Nurjahan Begum was reportedly focused on her own health issues and did not visit the scene. For many, this absence symbolized the government&rsquo;s detachment from the realities facing ordinary citizens.</p><p>If the current trajectory continues, the damage to the health sector could be irreversible. Primary healthcare delivery, disease control programs, hospital administration, medical education, vaccination efforts, family planning initiatives, and public health campaigns are all at risk of grinding to a halt. Infrastructure projects could be abandoned mid-construction, and trained medical personnel may leave the sector entirely due to non-payment and lack of institutional support.</p><p>The public health crisis could spill over into economic and social instability. Poor health outcomes reduce workforce productivity, increase healthcare costs, and strain families already battling inflation and unemployment. Moreover, prolonged disruption risks undoing decades of progress in maternal and child health, immunization coverage, and communicable disease control.</p><p>Bangladesh stands at a crossroads. The interim government was meant to serve as a bridge toward stability, reform, and good governance. Instead, it has allowed nepotism to undermine its credibility and paralyze essential public services. Replacing unqualified political appointees with competent, experienced professionals in the health sector is no longer a matter of political preference &ndash; it is a national necessity.</p><p>Failure to act will not only erode public trust but also jeopardize the health of future generations. The people who once rallied to dismantle authoritarianism did not risk their lives and livelihoods to watch their healthcare system collapse under the weight of favouritism. For the sake of Bangladesh&rsquo;s health, economy, and social stability, urgent reforms are needed &ndash; and they must begin with ending the culture of nepotism that has brought the nation&rsquo;s health sector to the brink.</p><p>&nbsp;</p><p>The article <a
href="https://thearabianpost.com/bangladesh-health-sector-faces-collapse/">Bangladesh health sector faces collapse</a> appeared first on <a
href="https://thearabianpost.com">Arabian Post</a>.</p>
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<item><title>US aid suspension triggers economic crisis in MENA and South Asia</title><link>https://thearabianpost.com/us-aid-suspension-triggers-economic-crisis-in-mena-and-south-asia/</link>
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<pubDate>Sat, 15 Mar 2025 05:46:49 +0000</pubDate>
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<guid
isPermaLink="false">https://thearabianpost.com/?p=101573</guid><description><![CDATA[<p>By Tajul Islam On January 20, 2025, US President Donald Trump issued an executive order suspending all USAID and State Department-funded projects, totaling $60 billion, for 90 days. This decision was framed as a reassessment of foreign aid effectiveness and its alignment with the administration&#8217;s strategic priorities. The abrupt termination of nearly 10,000 foreign aid grants and contracts has sent economic and humanitarian shockwaves through countries in [&#8230;]</p><p>The article <a
href="https://thearabianpost.com/us-aid-suspension-triggers-economic-crisis-in-mena-and-south-asia/">US aid suspension triggers economic crisis in MENA and South Asia</a> appeared first on <a
href="https://thearabianpost.com">Arabian Post</a>.</p>
]]></description>
<content:encoded><![CDATA[<p
class="x_MsoNormal">By <a
class="lar-automated-link" href="https://thearabianpost.com/search/Tajul+Islam?orderby=DSC" 87982  target="_self">Tajul Islam</a></p><p
class="x_MsoNormal">On January 20, 2025, US President Donald Trump issued an executive order suspending all USAID and State Department-funded projects, totaling $60 billion, for 90 days. This decision was framed as a reassessment of foreign aid effectiveness and its alignment with the administration&rsquo;s strategic priorities. The abrupt termination of nearly 10,000 foreign aid grants and contracts has sent economic and humanitarian shockwaves through countries in the Middle East, North Africa (MENA), and South Asia, raising concerns over regional stability, economic sustainability, and geopolitical realignments.</p><p
class="x_MsoNormal">The US has historically been a major financial backer of many MENA nations, offering aid to bolster fragile economies, reinforce security frameworks, and support humanitarian projects. In 2023 alone, Jordan and Egypt were among the top beneficiaries, receiving $1.6 billion and $1.5 billion, respectively. With this aid now suspended, these nations are scrambling to secure alternative economic partnerships.</p><p
class="x_MsoNormal">Jordan, one of the region&rsquo;s most politically stable nations, relies heavily on US assistance to sustain its economy and support its 1.3 million Syrian refugees. American aid has been crucial in funding healthcare, education, and employment initiatives. The aid suspension places these programs at risk, forcing Amman to seek emergency funding from Gulf nations and international lenders.</p><p
class="x_MsoNormal">Egypt, a long-time recipient of substantial US military and economic assistance, faces economic uncertainty due to the aid cuts. American funds have been instrumental in maintaining Egypt&rsquo;s defense capabilities and financing infrastructure projects. With US support in limbo, Cairo is turning to China and the Gulf states to bridge the financial gap. However, Gulf nations, already contending with their own economic challenges, may not provide indefinite assistance, leaving Egypt in a precarious position.</p><p
class="x_MsoNormal">Lebanon has been hit hard by the aid cuts, with UNICEF forced to scale back crucial programs amid an escalating food crisis. Over half of children under two years old in eastern Lebanon are now facing severe food insecurity. In Sudan, where conflicts have displaced millions, at least two million people have lost access to life-saving assistance due to the abrupt funding halt.</p><p
class="x_MsoNormal">South Asian nations, already grappling with economic hardships and humanitarian challenges, are struggling to maintain essential services following the aid suspension. Countries such as Bangladesh, Pakistan, and Nepal, which have relied on US funding for healthcare, education, and economic development, are among the hardest hit.</p><p
class="x_MsoNormal">In 2023, Bangladesh received $490 million in US aid, much of which was allocated to healthcare and refugee support, particularly for the Rohingya population in Cox&rsquo;s Bazar. The suspension has forced the International Centre for Diarrhoeal Disease Research, Bangladesh (icddr,b) to lay off over 1,000 employees, while over 300 non-profits reliant on USAID funding have ceased operations, leaving thousands unemployed. Healthcare services for Rohingya refugees have effectively collapsed, exacerbating an already dire humanitarian crisis in the world&rsquo;s largest refugee settlement.</p><p
class="x_MsoNormal">Pakistan had been set to receive $845 million in aid for 39 key projects spanning energy, economic growth, agriculture, governance, and health. The funding freeze has led to the imminent closure of over 60 UNFPA-run health facilities, cutting off 1.7 million people- including 1.2 million Afghan refugees-from essential reproductive healthcare services. The reduction in aid not only disrupts Pakistan&rsquo;s economic and public health stability but also diminishes US influence in the country, a key strategic ally in South Asia.</p><p
class="x_MsoNormal">Nepal, which signed a five-year $659 million development deal with the US in 2022, is also suffering from the funding suspension. Over 300 NGOs and non-profits focused on gender equality, healthcare, and education now face financial gaps. In the Terai region, early-grade learning programs in 39 schools have been halted, jeopardizing literacy and child development efforts. The dismissal of 36 staff nurses in federal and provincial hospitals has further strained Nepal&rsquo;s already struggling neonatal healthcare system, exacerbating the country&rsquo;s high infant mortality rate.</p><p
class="x_MsoNormal">While India received a relatively modest $150 million in US aid in 2024 and is not as severely impacted, the aid suspension presents an opportunity for New Delhi to expand its regional influence. Over the past decade, India has increased its development assistance to Nepal, Bhutan, and Bangladesh, focusing on infrastructure and trade. With US aid drying up, India may step in to support these nations, strengthening its role as a regional leader.</p><p
class="x_MsoNormal">The sudden withdrawal of US aid has prompted a realignment of economic and political partnerships across the Arab world and South Asia. Countries that once relied on American funding are now seeking alternative sources of support.</p><p
class="x_MsoNormal">China&rsquo;s Belt and Road Initiative (BRI) has already gained traction in many MENA and South Asian nations. With US aid now suspended, countries such as Jordan, Egypt, and Pakistan are increasingly turning to Beijing for infrastructure investments and financial assistance. However, China&rsquo;s economic aid often comes with long-term debt risks, as seen in Sri Lanka and Zambia, raising concerns over financial dependency.</p><p
class="x_MsoNormal">Russia is also moving to fill the void left by the US Moscow has deepened security and energy partnerships with Middle Eastern countries like Egypt and Syria, while also strengthening ties with Pakistan. However, Russia&rsquo;s ability to provide large-scale economic aid is limited due to Western sanctions and its own financial constraints.</p><p
class="x_MsoNormal">Saudi Arabia and the UAE have stepped in as financial lifelines for struggling Arab economies. However, their assistance tends to be strategic rather than long-term, focusing on investments rather than sustained economic support. Countries that fail to develop self-sufficient economies may find themselves vulnerable to shifting Gulf priorities in the future.</p><p
class="x_MsoNormal">The US aid cuts have not only triggered immediate humanitarian crises but also forced affected nations to reassess their economic dependencies. While some view this as a financial catastrophe, others see it as an opportunity to build self-reliant economies and diversify global partnerships.</p><p
class="x_MsoNormal">For Arab nations, the challenge lies in reducing reliance on foreign aid by strengthening domestic industries and enhancing regional economic cooperation. South Asian countries like Bangladesh, Nepal, and Pakistan must develop sustainable development models, seeking alternative funding sources while bolstering internal economic resilience. India&rsquo;s role in regional assistance is likely to expand, but it alone cannot replace the scale of US aid.</p><p
class="x_MsoNormal">Ultimately, the suspension of US foreign aid marks a pivotal moment in global economic relations, compelling nations to reassess their partnerships and forge new paths toward sustainable growth and stability.</p><p
class="x_MsoNormal"></p><p>The article <a
href="https://thearabianpost.com/us-aid-suspension-triggers-economic-crisis-in-mena-and-south-asia/">US aid suspension triggers economic crisis in MENA and South Asia</a> appeared first on <a
href="https://thearabianpost.com">Arabian Post</a>.</p>
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<item><title>Trump&#8217;s Critique of Bangladesh and Its Implications for US Relations</title><link>https://thearabianpost.com/trumps-critique-of-bangladesh-and-its-implications-for-us-relations/</link>
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<pubDate>Wed, 06 Nov 2024 08:24:02 +0000</pubDate>
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<guid
isPermaLink="false">https://thearabianpost.com/?p=96726</guid><description><![CDATA[<p>Tajul Islam Donald Trump&#8217;s recent critique of Bangladesh on social media, branding it as a nation rife with &#8220;barbaric violence&#8221; against religious minorities and claiming it exists in a &#8220;total state of chaos,&#8221; has drawn significant attention. This&#160;statement, made just days before the US presidential election, appears to be an effort to appeal to Hindu-American voters, a demographic that has increasingly urged Trump to address issues related [&#8230;]</p><p>The article <a
href="https://thearabianpost.com/trumps-critique-of-bangladesh-and-its-implications-for-us-relations/">Trump&#8217;s Critique of Bangladesh and Its Implications for US Relations</a> appeared first on <a
href="https://thearabianpost.com">Arabian Post</a>.</p>
]]></description>
<content:encoded><![CDATA[<p><a
class="lar-automated-link" href="https://thearabianpost.com/search/Tajul+Islam?orderby=DSC" 87982  target="_self">Tajul Islam</a></p><p>Donald Trump&rsquo;s recent critique of Bangladesh on social media, branding it as a nation rife with &ldquo;barbaric violence&rdquo; against religious minorities and claiming it exists in a &ldquo;total state of chaos,&rdquo; has drawn significant attention. This&nbsp;statement, made just days before the US presidential election, appears to be an effort to appeal to Hindu-American voters, a demographic that has increasingly urged Trump to address issues related to Hindu and minority rights abroad. While the timing of these remarks suggests a political strategy aimed at garnering support, they could also carry profound implications for US-Bangladesh relations should Trump return to office. Under his leadership, US foreign policy could shift dramatically, potentially ushering in a new era for bilateral relations that have recently flourished under the current administration.</p><p>Under President Joe Biden, US-Bangladesh relations have undergone a significant reset following years of tension. The recent political upheaval in Bangladesh, which culminated in the removal of Prime Minister Sheikh Hasina, led to the establishment of an interim government headed by&nbsp;Nobel Laureate&nbsp;Professor Dr. Muhammad Yunus. Yunus is widely viewed in Washington as a reformist leader due to his vocal criticism of Hasina&rsquo;s authoritarian governance. This alignment with US interests in promoting democratic values has resulted in a warm reception from the Biden administration, which has swiftly pledged support in the form of development assistance, humanitarian aid, and technical expertise aimed at stabilizing Bangladesh and fostering political and economic reforms.</p><p>However, the ascension of Yunus as chief adviser presents a complex challenge for US-Bangladesh relations if Trump were to return to power. Yunus is known for his liberal ideals and established connections with key figures in the Democratic Party, including the Clintons. His open criticism of Trump during the latter&rsquo;s presidency could hinder any potential collaboration between the two leaders. Trump&rsquo;s foreign policy is often characterized by a transactional approach, where partnerships are evaluated based on immediate benefits rather than ideological alignments. Yunus&rsquo;s progressive stance and opposition to Trump could complicate any future engagement between Washington and Dhaka, potentially shifting US policy away from supporting Yunus&rsquo;s administration.</p><p>Since the establishment of the interim government, the Biden administration has concentrated on&nbsp;ensuring&nbsp;stability and fostering development in Bangladesh. The strategy has centered&nbsp;around&nbsp;bolstering Bangladesh&rsquo;s resilience through financial aid and humanitarian support, which aligns with a broader vision of cultivating long-term partnerships to maintain influence in the Indo-Pacific region, particularly in countering Chinese expansion.</p><p>In contrast, Trump&rsquo;s foreign policy framework is generally less inclined toward aid-based partnerships. Known for his scepticism regarding nation-building, Trump would likely prioritize a transactional relationship with Bangladesh focused on trade and countering Chinese influence. Under a Trump administration, US support for humanitarian initiatives and political reform in Bangladesh may be deprioritized, leaving the country to navigate significant economic challenges without the same level of backing it has received under Biden.</p><p>During Trump&rsquo;s first term, economic ties between the US and Bangladesh flourished, with American companies significantly increasing their investments in the country. Bangladesh emerged as an essential trading partner, bolstered by Trump&rsquo;s focus on trade and economic pragmatism. A second Trump administration might revive this emphasis on trade and investment, although the current economic challenges facing Bangladesh could complicate this dynamic. The country&rsquo;s recent economic downturn could limit its ability to sustain robust bilateral trade, presenting hurdles for Trump&rsquo;s trade-centric approach.</p><p>Moreover, labour rights issues in Bangladesh may pose additional barriers to investment under a Trump administration. The US Development Finance Corporation (DFC), which&nbsp;promotes&nbsp;American investment overseas, requires stringent labour standards for project funding. If Bangladesh does not improve its labor practices, it could miss out on crucial investment opportunities, further straining economic relations.</p><p>Another key aspect of Trump&rsquo;s foreign policy was his aggressive stance on countering Chinese influence in the Indo-Pacific. During his presidency, the US viewed Bangladesh as a strategic partner in this effort, emphasizing cooperation in areas such as maritime security and military training. Hasina&rsquo;s government had managed to balance relations between the US and China, but with Yunus now at the helm, this balance could shift. Yunus may pursue stronger ties with China, potentially leading to friction with a Trump administration that prioritizes alignment with India and countering Chinese influence.</p><p>The ideological differences between Yunus and Trump could create a tense diplomatic environment. While Yunus might seek to cultivate a partnership with Beijing, Trump could demand a more cooperative stance from Bangladesh regarding US interests in the region. Should Yunus tilt towards China, it may cool US-Bangladesh relations, impacting Bangladesh&rsquo;s participation in US-led initiatives&nbsp;aimed&nbsp;at maintaining Indo-Pacific stability.</p><p>Despite the potential for a shift in US policy under Trump, there remains a pathway for compromise. Recognizing the importance of US support, Yunus&rsquo;s administration might aim to reassure Washington that its outreach to China will not undermine its partnership with the United States. By framing its relationship with the US as mutually beneficial, Bangladesh could emphasize that American assistance is crucial for its stability and development, thus reinforcing its position as a reliable partner.</p><p>In this context, Bangladesh could also highlight the strategic advantages of maintaining a strong US partnership, which would align with both Washington&rsquo;s and New Delhi&rsquo;s interests in regional stability. If Yunus&rsquo;s government can demonstrate that US investment and aid contribute to a more stable Bangladesh, it may appeal to Trump&rsquo;s transactional mindset, showcasing the ways in which American support can enhance Bangladesh&rsquo;s role as a strategic partner.</p><p>The article <a
href="https://thearabianpost.com/trumps-critique-of-bangladesh-and-its-implications-for-us-relations/">Trump&#8217;s Critique of Bangladesh and Its Implications for US Relations</a> appeared first on <a
href="https://thearabianpost.com">Arabian Post</a>.</p>
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<item><title>Widespread Impact of Political Crisis on Bangladesh Economy</title><link>https://thearabianpost.com/widespread-impact-of-political-crisis-on-bangladesh-economy/</link>
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<pubDate>Wed, 18 Sep 2024 08:51:32 +0000</pubDate>
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<guid
isPermaLink="false">https://thearabianpost.com/?p=94636</guid><description><![CDATA[<p>By Tajul Islam As Bangladesh navigates the current turmoil, the path to economic recovery seems increasingly difficult, requiring prompt and decisive action from the interim government to bring stability and restore confidence among both the public and investors. The political unrest has introduced uncertainty, which is directly affecting economic growth. Both local and foreign investors are hesitant to commit their funds in a country where the future [&#8230;]</p><p>The article <a
href="https://thearabianpost.com/widespread-impact-of-political-crisis-on-bangladesh-economy/">Widespread Impact of Political Crisis on Bangladesh Economy</a> appeared first on <a
href="https://thearabianpost.com">Arabian Post</a>.</p>
]]></description>
<content:encoded><![CDATA[<p>By <a
class="lar-automated-link" href="https://thearabianpost.com/search/Tajul+Islam?orderby=DSC" 87982  target="_self">Tajul Islam</a></p><p>As Bangladesh navigates the current turmoil, the path to economic recovery seems increasingly difficult, requiring prompt and decisive action from the interim government to bring stability and restore confidence among both the public and investors.</p><p>The political unrest has introduced uncertainty, which is directly affecting economic growth. Both local and foreign investors are hesitant to commit their funds in a country where the future appears uncertain. This creates a negative feedback loop: political instability weakens investor confidence, leading to reduced investment, which in turn hampers economic growth. The ripple effect spreads across industries and businesses, with smaller enterprises being particularly vulnerable to these shocks.</p><p>Since early 2022, Bangladesh has been battling high inflation, driven by global supply chain disruptions and compounded by domestic policy challenges. By July 2024, inflation had skyrocketed to 11.66 percent, the highest in 13 years, with food inflation reaching a staggering 14.10 percent. For millions of low-income households, this situation has become untenable, as the soaring cost of essential commodities places a heavy burden on their already stretched finances.</p><p>The persistence of inflation is primarily linked to ongoing supply chain disruptions and shortages, both of which have been exacerbated by the political turmoil. The disruption in the transportation and distribution networks, fuelled by protests and strikes, has caused severe delays and scarcity of goods in the market. The result is a continuous upward spiral in prices, making everyday necessities unaffordable for the average citizen. For many, the rising cost of living has depleted their financial reserves, pushing them further into economic hardship. Addressing inflation should be a top priority for the interim government as it strives to stabilize the country&rsquo;s macroeconomic environment.</p><p>Another key issue adding to the country&rsquo;s woes is the alarming rate of youth unemployment. As of 2024, about 41 percent of young people aged 15-24 in Bangladesh are neither in education, employment, nor training (NEET), a figure almost double the global average. The high level of youth unemployment has exacerbated social tensions, with many young people feeling disenfranchised and alienated. This economic frustration is contributing to the broader sense of instability, as disillusioned youth are more likely to participate in protests and social unrest.</p><p>The lack of job opportunities for young people not only stifles economic growth but also poses long-term challenges for the country&rsquo;s development. If Bangladesh cannot create more opportunities for its young population, it risks losing the potential benefits of its demographic dividend. Addressing youth unemployment should be a key focus of the interim government&rsquo;s economic recovery efforts.</p><p>The macroeconomic challenges are compounded by the ongoing political unrest. Since 2022, foreign exchange reserves have been dwindling, export growth has slowed, and remittance earnings have shrunk. These factors, combined with the inflationary pressures and rising unemployment, paint a bleak picture for the nation&rsquo;s economic outlook.</p><p>Small businesses, in particular, are struggling to stay afloat in this uncertain environment. Many have been forced to scale back operations, reduce productivity, or close down entirely due to the disruptions caused by political instability. This not only affects business owners but also has a knock-on effect on employees, suppliers, and the wider economy. The importance of restoring stability cannot be overstated-without it, the chances of economic recovery are slim.</p><p>The RMG sector, which accounts for around 80 percent of Bangladesh&rsquo;s total exports, has been severely affected by the political unrest. Worker protests over low wages, unpaid salaries, and inadequate benefits have led to widespread disruption in the industry. On September 12, 2024, alone, 219 garment factories in Gazipur and Ashulia were shut down due to protests, with several factories being vandalized or set ablaze after negotiations between workers and factory owners failed.</p><p>While there have been accusations of external political elements fuelling the unrest, the root of the problem lies in the longstanding grievances of the workers. The minimum wage of Tk 12,500, set by the government in 2023, has been seen as inadequate by workers, and many factory owners have yet to meet even this baseline requirement. The demands for higher wages and better working conditions have been ignored for years, and the growing frustration among workers is now boiling over into mass protests and industrial action.</p><p>The Bangladesh Garment Manufacturers and Exporters Association (BGMEA) held a meeting on September 14, 2024, to address the ongoing crisis in the sector. Attended by industry leaders and advisers from the interim government, the meeting highlighted the need for urgent action to resolve the workers&rsquo; grievances and restore stability to the industry. Major General Moin Khan of the 9th Infantry Division of the Bangladesh Army, who also attended the meeting, acknowledged the legitimacy of the workers&rsquo; demands but stressed the importance of resolving the unrest to protect the industry. The army has pledged its support to maintain law and order in the sector.</p><p>Addressing the unrest in the RMG industry is crucial, not only for the economy but also for Bangladesh&rsquo;s reputation as a reliable exporter on the global stage. The interim government must take swift action to mediate between workers and factory owners, ensuring that a fair and sustainable wage agreement is reached. The minimum wage board&rsquo;s recent decision to review workers&rsquo; wages, taking inflation and the rising cost of living into account, is a step in the right direction, but more needs to be done to restore trust and stability in the sector.</p><p>One of the key tools available to the interim government in addressing the economic crisis is monetary policy. The recent appointment of a new central bank governor has raised hopes that monetary tools will be more effectively used to curb inflation. Stabilizing prices through better market management, and coordinating monetary, fiscal, and tariff policies, is essential to restoring economic stability.</p><p>At the same time, the government must focus on improving foreign exchange reserves, increasing remittance inflows through formal channels, and boosting exports. These measures are critical to restoring confidence in the economy and ensuring that Bangladesh remains competitive on the global stage, despite the political turmoil.</p><p>While the interim government&rsquo;s primary focus must be on addressing the immediate economic challenges, long-term structural reforms are also necessary for sustained economic recovery. The banking sector, for example, has long been plagued by high levels of non-performing loans, poor governance, and regulatory weaknesses. Strengthening transparency, improving regulatory oversight, and enhancing financial practices are essential steps to restore confidence in the banking system.</p><p>Similarly, reforms in the taxation system are crucial for increasing government revenue. Bangladesh&rsquo;s tax-to-GDP ratio, currently at 7.8 percent, is among the lowest in the world. Expanding the tax base, improving tax compliance, and enhancing the efficiency of tax collection should be key priorities for the government. These reforms must also include efforts to curb corruption within the tax administration and ensure a fairer and more equitable system.</p><p>The article <a
href="https://thearabianpost.com/widespread-impact-of-political-crisis-on-bangladesh-economy/">Widespread Impact of Political Crisis on Bangladesh Economy</a> appeared first on <a
href="https://thearabianpost.com">Arabian Post</a>.</p>
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<item><title>Why Narendra Modi Must Meet Bangladesh Interim Head Dr. Md. Yunus In New York?</title><link>https://thearabianpost.com/why-narendra-modi-must-meet-bangladesh-interim-head-dr-md-yunus-in-new-york/</link>
<dc:creator><![CDATA[The Arabian Post Network]]></dc:creator>
<pubDate>Mon, 09 Sep 2024 10:42:09 +0000</pubDate>
<category><![CDATA[India Politics]]></category>
<guid
isPermaLink="false">https://thearabianpost.com/why-narendra-modi-must-meet-bangladesh-interim-head-dr-md-yunus-in-new-york/</guid><description><![CDATA[<div><a
href="https://ipanewspack.com/why-narendra-modi-must-meet-bangladesh-interim-head-dr-md-yunus-in-new-york/" title="Why Narendra Modi Must Meet Bangladesh Interim Head Dr. Md. Yunus In New York?" rel="nofollow"><img
width="800" height="450" src="https://ipanewspack.com/whoaftuf/2024/09/why-narendra-modi-must-meet-bangladesh-interim-head-dr-md-yunus-in-new-york.jpg" class="webfeedsFeaturedVisual wp-post-image" alt="" style="display: block; margin: auto; margin-bottom: 8px;max-width: 100%;" link_thumbnail="1" decoding="async" srcset="https://ipanewspack.com/whoaftuf/2024/09/why-narendra-modi-must-meet-bangladesh-interim-head-dr-md-yunus-in-new-york.jpg 800w, https://ipanewspack.com/whoaftuf/2024/09/why-narendra-modi-must-meet-bangladesh-interim-head-dr-md-yunus-in-new-york-300x169.jpg 300w, https://ipanewspack.com/whoaftuf/2024/09/why-narendra-modi-must-meet-bangladesh-interim-head-dr-md-yunus-in-new-york-768x432.jpg 768w" sizes="(max-width: 800px) 100vw, 800px"></a><img
width="800" height="450" src="https://ipanewspack.com/whoaftuf/2024/09/why-narendra-modi-must-meet-bangladesh-interim-head-dr-md-yunus-in-new-york.jpg" class="attachment-large size-large wp-post-image" alt="" style="float:left; margin:0 15px 15px 0;" decoding="async" fetchpriority="high" srcset="https://ipanewspack.com/whoaftuf/2024/09/why-narendra-modi-must-meet-bangladesh-interim-head-dr-md-yunus-in-new-york.jpg 800w, https://ipanewspack.com/whoaftuf/2024/09/why-narendra-modi-must-meet-bangladesh-interim-head-dr-md-yunus-in-new-york-300x169.jpg 300w, https://ipanewspack.com/whoaftuf/2024/09/why-narendra-modi-must-meet-bangladesh-interim-head-dr-md-yunus-in-new-york-768x432.jpg 768w" sizes="(max-width: 800px) 100vw, 800px">By Nitya Chakraborty Bangladesh Interim Head Dr. Muhammad Yunus has invited Indian Prime Minister Narendra Modi for talks in New York in the last week of September when both of them will be attending the session of United Nations general assembly .So far, there has been no response from the Indian Government sources. In fact, […]</div><p>The article <a
href="https://thearabianpost.com/why-narendra-modi-must-meet-bangladesh-interim-head-dr-md-yunus-in-new-york/">Why Narendra Modi Must Meet Bangladesh Interim Head Dr. Md. Yunus In New York?</a> appeared first on <a
href="https://thearabianpost.com">Arabian Post</a>.</p>
]]></description>
<content:encoded><![CDATA[<div><a
href="https://ipanewspack.com/why-narendra-modi-must-meet-bangladesh-interim-head-dr-md-yunus-in-new-york/" title="Why Narendra Modi Must Meet Bangladesh Interim Head Dr. Md. Yunus In New York?" rel="nofollow"><img
width="800" height="450" src="https://ipanewspack.com/whoaftuf/2024/09/why-narendra-modi-must-meet-bangladesh-interim-head-dr-md-yunus-in-new-york.jpg" class="webfeedsFeaturedVisual wp-post-image" alt="" style="display: block; margin: auto; margin-bottom: 8px;max-width: 100%;" link_thumbnail="1" decoding="async" loading="lazy" srcset="https://ipanewspack.com/whoaftuf/2024/09/why-narendra-modi-must-meet-bangladesh-interim-head-dr-md-yunus-in-new-york.jpg 800w, https://ipanewspack.com/whoaftuf/2024/09/why-narendra-modi-must-meet-bangladesh-interim-head-dr-md-yunus-in-new-york-300x169.jpg 300w, https://ipanewspack.com/whoaftuf/2024/09/why-narendra-modi-must-meet-bangladesh-interim-head-dr-md-yunus-in-new-york-768x432.jpg 768w" sizes="auto, (max-width: 800px) 100vw, 800px" /></a><img
fetchpriority="high" width="800" height="450" src="https://ipanewspack.com/whoaftuf/2024/09/why-narendra-modi-must-meet-bangladesh-interim-head-dr-md-yunus-in-new-york.jpg" class="attachment-large size-large wp-post-image" alt="" style="float:left; margin:0 15px 15px 0;" decoding="async" srcset="https://ipanewspack.com/whoaftuf/2024/09/why-narendra-modi-must-meet-bangladesh-interim-head-dr-md-yunus-in-new-york.jpg 800w, https://ipanewspack.com/whoaftuf/2024/09/why-narendra-modi-must-meet-bangladesh-interim-head-dr-md-yunus-in-new-york-300x169.jpg 300w, https://ipanewspack.com/whoaftuf/2024/09/why-narendra-modi-must-meet-bangladesh-interim-head-dr-md-yunus-in-new-york-768x432.jpg 768w" sizes="(max-width: 800px) 100vw, 800px" /><p><strong>By <a
class="lar-automated-link" href="https://thearabianpost.com/search#gsc.tab=0&gsc.q=nitya%20chakraborty" rel="nofollow noopener" target="_blank">Nitya Chakraborty</a></strong></p><p>Bangladesh Interim Head Dr. Muhammad Yunus has invited Indian Prime Minister Narendra Modi for talks in New York in the last week of September when both of them will be attending the session of United Nations general assembly .So far, there has been no response from the Indian Government sources. In fact, there is silence from the South Block on this issue.</p><p>Indian officials should remember that new Bangladesh administration with its contacts through Dr. Yunus is making all out efforts to represent its views to the US administration during the presence of Dr. Yunus in USA from September 22 to 27. Apart from meeting the US officials and top congressmen of Capitol Hill, Dr. Yunus is seeking for bilateral meetings with some important country heads who will be attending the session.</p><div
class="code-block code-block-3" style="margin: 8px 0 8px 8px; float: right;"> <script async src="https://pagead2.googlesyndication.com/pagead/js/adsbygoogle.js?client=ca-pub-5312043156790821" crossorigin="anonymous"></script><br>
<ins
class="adsbygoogle" style="display:block" data-ad-client="ca-pub-5312043156790821" data-ad-slot="2440206362" data-ad-format="auto" data-full-width-responsive="true"></ins><br> <script>(adsbygoogle = window.adsbygoogle || []).push({});</script></div><p>Dr. Yunus will be addressing the UN general assembly on September 27 but the most important is that he is addressing a meeting of Bangladesh diaspora in New York at Marriot Hotel on September 26. Only five hundred selected people will be allowed in that meeting under strict security as the Awami League supporters have decided to organize massive rally before the Hotel protesting against the &lsquo;illegal&rsquo; Yunus government and demanding stoppage of atrocities and murders against the interim government.</p><p>In Bangladesh diaspora of USA, Awami League supporters are in big majority and most of them are supporters of the Democratic Party. But Dr. Yunus with his close contacts with Hillary Clinton has organised unfettered security network so that the protesters can not disrupt the Marriot meeting. New York is governed by the Democrats. The influential pro Democrat Bangladeshis are also making all preparations to make the protest a success. The Awami League supporters will also hold demonstrations at JFK Airport in New York at the time of the arrival of Dr. Yunus on September 22.</p><p>Prime Minister Narendra Modi is expected to address the rally of Indian diaspora at Long Islands in New York on September 22. The organisers have estimated participation of 16,000 people. But since this is the election year, there is a big tussle in the organisation, the federal body which is generally led by the BJP supporters. Only last week, the body of Hindu Americans in USA backed by the VHP, announced their support for Donald Trump in the November elections. They even said that only under Trump rule, relations with India will prosper and Trump has an excellent relation with Narendra Modi.</p><p>It is recalled that during 2020 presidential elections, at an Indian diaspora event, in the presence of Narendra Modi and the then President Donald Trump, the slogans were raised Phir ebar Trump Sarkar. The Democrats took note of this. This time, it is to be seen whether Trump on his own attends the Indian diaspora event to show his solidarity with Narendra Modi.</p><p>Prime Minister Narendra Modi is not addressing the main session of UN assembly. External affairs minister S Jaishankar will address that session on September 28 one day after the Bangladesh interim head Dr. Yunus. Those who have covered the UN general assembly including this writer know that nobody gives any importance to the foreign minister when the heads of states are addressing. Narendra Modi by not deciding to address the main session had also handed over to Dr. Yunus the opportunity to publicise his views uncontested. The US media is interested in knowing what Dr. Yunus says and that will be reported. Nobody will care for a second in command from India like Dr. Jaishankar when the big bosses are there.</p><p>What is the latest political situation in Bangladesh now after the completion of one month of functioning by the interim Government? Dr. Yunus himself told a gathering last week that his government&rsquo;s main task is to ensure justice to those who have been affected by the dictatorial rule of the Awami League Government for the last fifteen years. Officially the newly appointed chief prosecutor of Bangladesh International Crimes Tribunal <a
class="lar-automated-link" href="https://thearabianpost.com/search/Tajul+Islam?orderby=DSC" target="_self">Tajul Islam</a> announced on Sunday that the interim government will take steps to get Hasina extradited to face genocide trial. All those involved in the massacre will be officially tried, he said.</p><p>What does it mean for India? Latest reports from Bangladesh with Indian authorities in Delhi indicate a harrowing situation in the country despite all the denials by the interim government. About two lakh Awami League supporters and leaders have been named for prosecution and they may be put before the ICT for trial. This means that the entire Awami League organization is under trial. The chief prosecutor <a
class="lar-automated-link" href="https://thearabianpost.com/search/Tajul+Islam?orderby=DSC" target="_self">Tajul Islam</a> is an active pro-Jamaat lawyer with links with worst fundamentalists. Md. Yunus has made him the chief prosecutor. So one can expect what can happen in the trial. The internal report from Indian intelligence sources say that the country has been turned into a haven for fundamentalists in the last one month. Effectively, the BNP and the Jamaat are controlling and the policemen, yet to come out of their demoralization after August 5, are going by what the BNP and the Jamaat are saying.</p><p>The Bangladesh economy needs India and India has also a big stake in the revival of the neighbour&rsquo;s economy as lot of investment is involved. But the present interim government is taking on India politically and ignoring the future of India-Bangladesh economic collaboration. They are putting their stake on the IMF delegation&rsquo;s visit later this month followed by the visit of the US state department delegation led by Donald Lu. Bangladesh is expected to stick to its rigid position against India bolstered by the support of both US and China.</p><p>India has a very big stake in Bangladesh economy. India has committed loans of US$6.36 billion to Bangladesh with minimum interest. Out of this, work was going on in only US$1.8 billion worth projects till August 5. Work has been stopped in most of the projects as the Indian employees have fled to India for security reasons. There are 19,000 Indians in Bangladesh including 9,000 students. Most of them have returned to India and are not willing to go back till situation returns to normalcy. Indian economic interests have to be protected and this can not be done without Prime Minister Narendra Modi&rsquo;s personal intervention with Dr. Yunus.</p><p>The same regarding the security of more than one crore Hindus in Bangladesh. After initial attacks against the Hindu families in the days after August 5, the security situation improved after the Hindu areas organized their own volunteers and the forward looking students helped. But the situation has again turned grim as all criminals belonging to Jamaat have been released and Jamaat is getting huge funds again due to the withdrawal of restrictions on flow of foreign funds earlier imposed by the Hasina govt. The turf is free for Jamaat as the BNP is also backing it. Since the police administration is not expected to act against Jamaat at the moment, the threat to Hindus remains.</p><p>Mr Modi should focus fully during his stay in New York on Bangladesh and the issues relating to extradition of Sheikh Hasina and security of the Hindus. . The BNP leaders based in USA have created an anti-India environment through their contacts which have been bolstered by Dr. Yunus&rsquo;s personal relationship with few Democratic Party leaders including Hillary Clinton. The main organizer of Dr. Yunus&rsquo;s diaspora meeting is the BNP leader GiasAhmed.BNP and Jamaat supporters have taken full control of the meeting. Bangladesh consulate in New York is just a post office for sending invitation letters. Thus Narendra Modi&rsquo;s New York performance regarding Bangladesh issue will show whether the US administration really cares about Indian Prime Minister. <strong>(<a
class="lar-automated-link" href="https://thearabianpost.com/india-specials/" rel="nofollow noopener" target="_blank">IPA Service</a>)</strong></p></div><style>.eltd-post-text-inner img:first-of-type{float:none !important;max-width:720px !important;width:100% !important}.eltd-post-text-inner img:nth-child(2){display:none}</style><p>The article <a
href="https://thearabianpost.com/why-narendra-modi-must-meet-bangladesh-interim-head-dr-md-yunus-in-new-york/">Why Narendra Modi Must Meet Bangladesh Interim Head Dr. Md. Yunus In New York?</a> appeared first on <a
href="https://thearabianpost.com">Arabian Post</a>.</p>
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<item><title>Bangladesh bans Jamaat-e-Islami amidst nationwide unrest</title><link>https://thearabianpost.com/bangladesh-bans-jamaat-e-islami-amidst-nationwide-unrest/</link>
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<dc:creator><![CDATA[The Arabian Post Network]]></dc:creator>
<pubDate>Sat, 03 Aug 2024 07:33:44 +0000</pubDate>
<category><![CDATA[Columns]]></category>
<category><![CDATA[Syndication]]></category>
<guid
isPermaLink="false">https://thearabianpost.com/?p=92141</guid><description><![CDATA[<p>By Tajul Islam On August 1, 2024, Bangladesh took a decisive step in its fight against terrorism and extremism by officially banning the Jamaat-e-Islami (JeI) party and its student wing, Islami Chhatra Shibir. This action, undertaken under the Anti-Terrorism Act of 2009, follows widespread unrest and violent&#160;protests&#160;related to the quota system for government jobs, which the government has attributed to the instigation by these fundamentalist groups. The [&#8230;]</p><p>The article <a
href="https://thearabianpost.com/bangladesh-bans-jamaat-e-islami-amidst-nationwide-unrest/">Bangladesh bans Jamaat-e-Islami amidst nationwide unrest</a> appeared first on <a
href="https://thearabianpost.com">Arabian Post</a>.</p>
]]></description>
<content:encoded><![CDATA[<p>By <a
class="lar-automated-link" href="https://thearabianpost.com/search/Tajul+Islam?orderby=DSC" 87982  target="_self">Tajul Islam</a></p><p>On August 1, 2024, Bangladesh took a decisive step in its fight against terrorism and extremism by officially banning the Jamaat-e-Islami (JeI) party and its student wing, Islami Chhatra Shibir. This action, undertaken under the Anti-Terrorism Act of 2009, follows widespread unrest and violent&nbsp;protests&nbsp;related to the quota system for government jobs, which the government has attributed to the instigation by these fundamentalist groups. The turmoil led to the deaths of at least 150 people, prompting the government to take severe measures to restore order and security.</p><p>The ban was formalized through a gazette&nbsp;notification&nbsp;from the Public Security Division of the Ministry of Home Affairs. Citing Section 18(1) of the Anti-Terrorism Act, the notification stated that the government had sufficient evidence of Jamaat-e-Islami and Islami Chhatra Shibir&rsquo;s involvement in recent acts of violence and terrorism.</p><p>The government underscored its decision with references to previous verdicts by the International Crimes Tribunal, which found several Jamaat-e-Islami (JeI) leaders guilty of severe crimes during the 1971 Liberation War. The tribunal&rsquo;s findings included charges of genocide, war crimes, and crimes against humanity, particularly implicating former Jamaat-e-Islami Ameer Ghulam Azam.</p><p>Additionally, the government&rsquo;s notification referenced a 2013 High Court ruling, later upheld by the Supreme Court in 2023, which declared JeI&rsquo;s registration with the Election Commission illegal. This judicial backdrop provided a strong legal foundation for the government&rsquo;s recent actions. The Law Minister, Anisul Huq, confirmed that JeI and its affiliates would no longer be permitted to engage in political activities under their existing names, marking a significant shift in the political landscape of Bangladesh.</p><p>International reactions have been mixed. Rossiyskaya Gazeta, a government newspaper in Russia,&nbsp;published&nbsp;a headline stating, &ldquo;Bangladesh Declares Jamaat-e-Islami a Terrorist Organisation,&rdquo; highlighting that JeI has been banned in Russia since 2003.</p><p>The history of Jamaat-e-Islami in Bangladesh is marked by its contentious role during the 1971 war of independence. Founded by Sayyid Abul A&rsquo;la Maududi, JeI was notorious for its opposition to Bangladeshi independence and collaboration with Pakistani forces. The party and its associated groups, including the Razakar, Al-Badr, Al-Shams, and the Peace Committee, were implicated in numerous atrocities against Bengali freedom fighters and the Hindu community. Initially banned by the government of Bangabandhu Sheikh Mujibur Rahman, Jamaat-e-Islami was later allowed to resume activities in 1976 under the military regime of General Ziaur Rahman.</p><p>Despite its controversial past, Jamaat-e-Islami has found defenders on the international stage. The United States has historically advocated for JeI&rsquo;s inclusion in the political process, opposing bans and supporting the party&rsquo;s right to participate in elections. This stance contrasts sharply with the support from the Soviet Union and India for Bangladesh&rsquo;s independence and their condemnation of JeI&rsquo;s actions during the Liberation War.</p><p>The unrest that catalyzed the recent ban began on July 17, when student protests demanding reforms in the quota system for government jobs were allegedly hijacked by Jamaat-e-Islami and the Bangladesh Nationalist Party (BNP), which has known&nbsp;connections&nbsp;to Al Qaeda. The protests escalated into widespread violence, causing significant damage to public property and disrupting the internet, resulting in economic losses estimated at over $7 billion.</p><p>Following the announcement of the ban, Jamaat-e-Islami (JeI) activists attempted to mobilize protests across the country. In anticipation of further unrest, law enforcement agencies have been instructed to seal the offices of the banned organizations and their publication house. This response is aimed at preventing Jamaat-e-Islami and its affiliates from regrouping and continuing their activities under different guises.</p><p>The reaction from Jamaat-e-Islami (JeI) was swift and defiant. On July 30, Jamaat chief Shafiqur Rahman condemned the decision, labelling it as illegal, unauthorized, and unconstitutional. He argued that the 14-party alliance led by the Awami League did not have the authority to ban another political party, warning that such actions could lead to political chaos and the erosion of state order.</p><p>The decision to ban Jamaat-e-Islami (JeI) and its affiliates Islami Chhatra Shibir has been met with mixed reactions. Supporters of the move argue that it is a necessary step to combat terrorism and ensure national security. They believe that JeI&rsquo;s history of violence and extremism justifies its exclusion from the political arena. Critics, however, are concerned about the implications for political freedoms and the potential for increased repression of dissenting voices. They warn that banning a political party, even one with a controversial past, sets a dangerous precedent that could be exploited to silence opposition.</p><p>The coming months will be crucial in determining the long-term impact of this decision. The government will need to manage the immediate fallout and address the root causes of unrest and discontent. Effective communication and transparent governance will be key in maintaining public trust and preventing further violence. Additionally, the international community will be watching closely, with some likely to support the ban as a necessary security measure, while others may criticize it as a violation of democratic principles.</p><p>In summary, the ban on Jamaat-e-Islami and its student wing Islami Chhatra Shibir represents a significant development in Bangladesh&rsquo;s ongoing struggle against terrorism and extremism. It reflects the government&rsquo;s commitment to maintaining security and order, even as it raises important questions about the balance between security and political freedom. The outcome of this decision will shape Bangladesh&rsquo;s political landscape and its approach to counterterrorism for years to come.</p><p>The article <a
href="https://thearabianpost.com/bangladesh-bans-jamaat-e-islami-amidst-nationwide-unrest/">Bangladesh bans Jamaat-e-Islami amidst nationwide unrest</a> appeared first on <a
href="https://thearabianpost.com">Arabian Post</a>.</p>
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<item><title>BRICS+ membership offers significant benefits for Bangladesh</title><link>https://thearabianpost.com/brics-membership-offers-significant-benefits-for-bangladesh/</link>
<comments>https://thearabianpost.com/brics-membership-offers-significant-benefits-for-bangladesh/#respond</comments>
<dc:creator><![CDATA[The Arabian Post Network]]></dc:creator>
<pubDate>Wed, 10 Jul 2024 08:28:59 +0000</pubDate>
<category><![CDATA[Columns]]></category>
<category><![CDATA[Syndication]]></category>
<guid
isPermaLink="false">https://thearabianpost.com/?p=90624</guid><description><![CDATA[<p>By Tajul Islam As global economic dynamics shift, emerging economies seek new opportunities for growth and influence. A notable development is the BRICS coalition, originally comprising Brazil, Russia, India, China, and South Africa. With its recent expansion, the BRICS framework has introduced the concept of BRICS+, aiming for deeper and more flexible economic integration. This article explores the differences between BRICS and BRICS+, and examines the potential [&#8230;]</p><p>The article <a
href="https://thearabianpost.com/brics-membership-offers-significant-benefits-for-bangladesh/">BRICS+ membership offers significant benefits for Bangladesh</a> appeared first on <a
href="https://thearabianpost.com">Arabian Post</a>.</p>
]]></description>
<content:encoded><![CDATA[<p>By <a
class="lar-automated-link" href="https://thearabianpost.com/search/Tajul+Islam?orderby=DSC" 87982  target="_self">Tajul Islam</a></p><p>As global economic dynamics shift, emerging economies seek new opportunities for growth and influence. A notable development is the BRICS coalition, originally comprising Brazil, Russia, India, China, and South Africa. With its recent expansion, the BRICS framework has introduced the concept of BRICS+, aiming for deeper and more flexible economic integration. This article explores the differences between BRICS and BRICS+, and examines the potential benefits for Bangladesh should it join this influential group.</p><p>Recently, BRICS welcomed Egypt, Ethiopia, Iran, and the United Arab Emirates, demonstrating its commitment to broader inclusion. This expansion enhances BRICS&rsquo; global influence, making it a more formidable economic bloc. Currently, 15 more countries have expressed interest in joining, including Bahrain, Belarus, Cuba, Kazakhstan, Pakistan, Senegal, and Venezuela.</p><p>The expansion of BRICS offers short-term benefits, like an enlarged platform and increased international influence. However, it also presents long-term challenges, including the need for clear criteria for new members and potential difficulties in reaching consensus among a larger group. BRICS+, with its emphasis on regional integration, promises greater economic dividends through more flexible and dynamic cooperation mechanisms.</p><p>In the investment sphere, BRICS+ can generate significant multiplier effects by enhancing the potential GDP growth rates of core BRICS economies and their regional partners through connectivity projects. These projects, financed by regional development banks and institutions like the New Development Bank (NDB), can boost long-term trade potential and foster stronger intra-regional growth impulses. Enhanced regional connectivity can lay the foundation for sustained economic growth across the Global South.</p><p>BRICS+ offers substantial benefits in terms of anti-crisis stimuli. Coordinated efforts and investments through regional integration arrangements and development institutions can amplify economic stimuli, boosting demand in core BRICS economies and their regional partners. This coordinated approach can lead to a more robust and resilient economic environment, supporting sustained growth and stability.</p><p>Bangladesh&rsquo;s interest in joining BRICS aligns with its strategic objectives of diversifying economic partnerships, enhancing its role in regional and global trade, and securing a stable and sustainable growth trajectory. With robust economic growth, increasing industrialization, and a strategic geographic location, Bangladesh is a promising&nbsp;candidate&nbsp;for BRICS membership.</p><p>Over the past decade, Bangladesh has achieved remarkable economic progress, maintaining an average GDP growth rate of around 6-7%. The country is emerging as a key player in the global textile industry, being the second-largest apparel exporter after China. This robust economic performance underscores Bangladesh&rsquo;s potential as a valuable addition to the BRICS alliance.</p><p>One of Bangladesh&rsquo;s strategic objectives is to diversify its economic partnerships. By joining BRICS, Bangladesh can access a wider range of economic opportunities and reduce its dependency on traditional markets in the West. This diversification is crucial for mitigating risks associated with global market fluctuations and ensuring long-term economic stability.</p><p>Joining BRICS could open new avenues for investment in Bangladesh. The BRICS countries, with their significant economic resources, could provide substantial financial and technical assistance. Enhanced access to the New Development Bank (NDB) would facilitate infrastructure development projects, crucial for sustaining Bangladesh&rsquo;s growth momentum. Such investments can drive significant improvements in infrastructure, boosting economic productivity and competitiveness.</p><p>Bangladesh could benefit from technological transfers and industrial collaborations with BRICS countries, particularly in areas such as information technology, renewable energy, and manufacturing. Such partnerships could enhance Bangladesh&rsquo;s industrial capabilities and foster innovation, driving long-term economic growth. The exchange of technology and expertise can accelerate Bangladesh&rsquo;s transition to a more industrialized and technologically advanced economy.</p><p>As a member of BRICS, Bangladesh would gain a stronger voice in international forums, contributing to shaping global economic policies. This enhanced geopolitical influence would support Bangladesh&rsquo;s aspirations to play a more prominent role in regional and global affairs. Being part of BRICS would also enable Bangladesh to collaborate more effectively with other major emerging economies, amplifying its impact on global economic and political decisions.</p><p>China, a key player in BRICS, has expressed strong support for Bangladesh&rsquo;s bid to join the alliance. During a&nbsp;visit&nbsp;to Bangladesh, Liu Jianchao, Minister of the International Relations of the Communist Party of China (CPC)&rsquo;s Central Committee, reaffirmed China&rsquo;s commitment to fostering extensive cooperation with Bangladesh. He assured that China would positively consider Bangladesh&rsquo;s inclusion in BRICS and support its economic growth through various means, including continued market access and assistance with the Rohingya crisis.</p><p>In April 2024, Brazilian Foreign Minister Mauro Vieira visited Bangladesh and&nbsp;expressed&nbsp;Brazil&rsquo;s serious consideration of Bangladesh&rsquo;s interest in joining BRICS. He highlighted shared principles and positions between the two countries, reinforcing the potential for Bangladesh&rsquo;s inclusion. This diplomatic engagement underscores the growing recognition of Bangladesh&rsquo;s economic and strategic importance within the BRICS framework.</p><p>Bangladesh&rsquo;s strategic objectives include diversifying its economic partnerships, enhancing its role in regional and global trade, and securing a stable and sustainable growth trajectory. Joining BRICS could facilitate new avenues for investment, technological collaboration, and enhanced geopolitical influence.</p><p>BRICS membership could provide Bangladesh with access to significant financial resources for infrastructure development. The New Development Bank (NDB) and regional development banks within the BRICS framework could play a crucial role in financing projects that enhance connectivity and economic productivity. Such investments are vital for sustaining Bangladesh&rsquo;s growth momentum and achieving its Vision 2041 goals of becoming a high-income country.</p><p>Bangladesh could benefit from technological transfers and industrial collaborations with BRICS countries. Partnerships in information technology, renewable energy, and manufacturing could drive innovation and industrial growth in Bangladesh. Access to advanced technologies and expertise from BRICS nations can accelerate Bangladesh&rsquo;s transition to a more industrialized and technologically advanced economy.</p><p>&nbsp;</p><p>The article <a
href="https://thearabianpost.com/brics-membership-offers-significant-benefits-for-bangladesh/">BRICS+ membership offers significant benefits for Bangladesh</a> appeared first on <a
href="https://thearabianpost.com">Arabian Post</a>.</p>
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</item>
<item><title>Bangladesh Seeks Chinese Backing For BRICS Membership Bid</title><link>https://thearabianpost.com/bangladesh-seeks-chinese-backing-for-brics-membership-bid/</link>
<dc:creator><![CDATA[The Arabian Post Network]]></dc:creator>
<pubDate>Sun, 30 Jun 2024 23:20:23 +0000</pubDate>
<category><![CDATA[India Politics]]></category>
<guid
isPermaLink="false">https://thearabianpost.com/bangladesh-seeks-chinese-backing-for-brics-membership-bid/</guid><description><![CDATA[<div>By Tajul Islam On June 25, Liu Jianchao, the visiting Minister of the International Relations of the Communist Party of China (CPC)’s Central Committee reaffirmed China’s commitment to fostering extensive cooperation with Bangladesh. During a courtesy call on Bangladesh President Mohammed Shahabuddin at the Bangabhaban, Liu emphasized China’s dedication to bolstering development ties and assured […]</div><p>The article <a
href="https://thearabianpost.com/bangladesh-seeks-chinese-backing-for-brics-membership-bid/">Bangladesh Seeks Chinese Backing For BRICS Membership Bid</a> appeared first on <a
href="https://thearabianpost.com">Arabian Post</a>.</p>
]]></description>
<content:encoded><![CDATA[<div><p><strong>By <a
class="lar-automated-link" href="https://thearabianpost.com/search/Tajul+Islam?orderby=DSC" target="_self">Tajul Islam</a></strong></p><p>On June 25, Liu Jianchao, the visiting Minister of the International Relations of the Communist Party of China (CPC)&rsquo;s Central Committee reaffirmed China&rsquo;s commitment to fostering extensive cooperation with Bangladesh. During a courtesy call on Bangladesh President Mohammed Shahabuddin at the Bangabhaban, Liu emphasized China&rsquo;s dedication to bolstering development ties and assured that China would continue to support Bangladesh&rsquo;s growth in various sectors.</p><p>The relationship between Bangladesh and China is deeply rooted in history. President Shahabuddin expressed his hope for a stronger development partnership with China in the coming years. He also sought China&rsquo;s support for Bangladesh&rsquo;s bid to join the BRICS alliance, an intergovernmental organization comprising Brazil, Russia, India, China, South Africa, Iran, Egypt, Ethiopia, and the United Arab Emirates.</p><p>&ldquo;China always attaches great importance to bolster the development ties with Bangladesh. It will always be beside Bangladesh&rsquo;s development,&rdquo; Liu stated, underscoring China&rsquo;s enthusiasm for a collaborative future. He praised Bangladesh&rsquo;s notable progress in infrastructure, information technology, communication, energy, and tourism. This recognition from a major global player like China highlights the significant strides Bangladesh has made in these fields.</p><p>President Shahabuddin reciprocated the sentiment, acknowledging China as one of Bangladesh&rsquo;s most crucial development partners. He highlighted China&rsquo;s instrumental role in implementing mega projects such as the Padma Bridge Rail Link, Karnaphuli Tunnel, and Elevated Expressway. These projects have been pivotal in accelerating Bangladesh&rsquo;s economic development and enhancing its infrastructure.</p><p>Liu Jianchao informed Bangladesh that China is in favour of the expansion of BRICS and will strongly support Bangladesh in becoming a partner country. He also assured that China would positively consider allowing &ldquo;Duty Free Quota Free&rdquo; (DFQF) facilities to Bangladesh beyond 2026.</p><p>Foreign Minister of Bangladesh Hasan Mahmud reported that the Chinese minister also assured Bangladesh of continued Chinese support for a durable solution to the Rohingya crisis through repatriation. The foreign minister expressed satisfaction with the increased party-level engagements between the Bangladesh Awami League and the Communist Party of China.</p><p>While thanking the Chinese government for allowing DFQF market access for 98% of Bangladeshi products into the Chinese market, Hasan requested China to continue the DFQF access beyond 2026, when Bangladesh will graduate from the LDC status. He also emphasized more exports from Bangladesh, especially pharmaceuticals, ceramics, leather, and agricultural products, to China to reduce the trade imbalance.</p><p>Mentioning the last meeting between Prime Minister Sheikh Hasina and Chinese President Xi Jinping on the sidelines of the BRICS summit in Johannesburg in August 2023, Hasan requested Chinese support for Bangladesh to become a partner country of BRICS.</p><p>Bangladesh&rsquo;s interest in joining BRICS aligns with its strategic objectives of diversifying economic partnerships, enhancing its role in regional and global trade, and securing a stable and sustainable growth trajectory. With robust economic growth, increasing industrialization, and a strategic geographic location, Bangladesh stands as a promising candidate for BRICS membership.</p><p>Over the past decade, Bangladesh has achieved remarkable economic progress, maintaining an average GDP growth rate of around 6-7%. The country has emerged as a key player in the global textile industry, being the second-largest apparel exporter after China. The government&rsquo;s Vision 2041 aims to transform Bangladesh into a high-income country by leveraging industrial growth, technological innovation, and human capital development.</p><p>Joining BRICS could open new avenues for investment in Bangladesh. The BRICS countries, with their significant economic resources, could provide substantial financial and technical assistance. Enhanced access to the New Development Bank (NDB) would facilitate infrastructure development projects, crucial for sustaining Bangladesh&rsquo;s growth momentum.</p><p>BRICS membership would enable Bangladesh to diversify its trade partnerships beyond its traditional markets in the West. Increased trade with BRICS nations could reduce dependency on any single economic bloc, mitigating risks associated with global market fluctuations.</p><p>Bangladesh could benefit from technological transfers and industrial collaborations with BRICS countries, particularly in areas such as information technology, renewable energy, and manufacturing. Such partnerships could enhance Bangladesh&rsquo;s industrial capabilities and foster innovation.</p><p>As a member of BRICS, Bangladesh would gain a stronger voice in international forums, contributing to shaping global economic policies. This enhanced geopolitical influence would support Bangladesh&rsquo;s aspirations to play a more prominent role in regional and global affairs.</p><p>Earlier in April 2024, Brazilian Foreign Minister Mauro Vieira visited Bangladesh and expressed his country&rsquo;s positive consideration of Bangladesh&rsquo;s interest in joining BRICS. &ldquo;Bangladesh is a country we closely monitor, with shared principles and positions. We will strongly and positively consider its inclusion in BRICS from our side,&rdquo; Vieira remarked during a joint media briefing with Bangladesh&rsquo;s Foreign Minister, Hasan Mahmud.</p><p>Foreign Minister Mahmud reiterated Bangladesh&rsquo;s interest in joining BRICS, emphasizing the country&rsquo;s strategic objectives and economic potential. This support from Brazil, a key BRICS member, underscores the potential for Bangladesh to gain entry into this influential group of emerging economies.</p><p>The recent engagements between Bangladesh and China, along with Bangladesh&rsquo;s aspirations to join BRICS, reflect the country&rsquo;s proactive approach to enhancing its global economic partnerships and securing a sustainable growth trajectory. China&rsquo;s continued support and cooperation will play a vital role in Bangladesh&rsquo;s development journey.</p><p>As Bangladesh moves forward with its Vision 2041, the collaboration with China and potential BRICS membership could provide significant impetus for achieving its economic goals. The focus on infrastructure development, technological innovation, and diversified trade partnerships will be crucial in transforming Bangladesh into a high-income country and a key player in the global economy.</p><p>China&rsquo;s support for Bangladesh&rsquo;s bid to join BRICS is not just a diplomatic gesture but a strategic alignment of interests. The collaborative projects already in place between the two nations serve as a testament to what can be achieved through mutual cooperation. The Padma Bridge Rail Link, Karnaphuli Tunnel, and Elevated Expressway are just a few examples of the infrastructural marvels that have not only enhanced connectivity within Bangladesh but also positioned it as a critical player in the regional economic landscape. <strong>(<a
class="lar-automated-link" href="https://thearabianpost.com/india-specials/" rel="nofollow noopener" target="_blank">IPA Service</a>)</strong></p><p><strong>By arrangement with the Arabian Post</strong></p></div><style>.eltd-post-text-inner img:first-of-type{float:none !important;max-width:720px !important;width:100% !important}</style><p>The article <a
href="https://thearabianpost.com/bangladesh-seeks-chinese-backing-for-brics-membership-bid/">Bangladesh Seeks Chinese Backing For BRICS Membership Bid</a> appeared first on <a
href="https://thearabianpost.com">Arabian Post</a>.</p>
]]></content:encoded>
</item>
<item><title>Bangladesh Seeks China&#8217;s Backing for BRICS Membership Bid</title><link>https://thearabianpost.com/bangladesh-seeks-chinas-backing-for-brics-membership-bid/</link>
<comments>https://thearabianpost.com/bangladesh-seeks-chinas-backing-for-brics-membership-bid/#respond</comments>
<dc:creator><![CDATA[The Arabian Post Network]]></dc:creator>
<pubDate>Sat, 29 Jun 2024 07:34:41 +0000</pubDate>
<category><![CDATA[Columns]]></category>
<category><![CDATA[Syndication]]></category>
<guid
isPermaLink="false">https://thearabianpost.com/?p=90039</guid><description><![CDATA[<p>By Tajul Islam On June 25, Liu Jianchao, the&#160;visiting&#160;Minister of the International Relations of the Communist Party of China (CPC)&#8217;s Central Committee reaffirmed China&#8217;s commitment to fostering extensive cooperation with Bangladesh. During a courtesy call on Bangladesh President Mohammed Shahabuddin at the Bangabhaban, Liu emphasized China&#8217;s dedication to bolstering development ties and assured that China would continue to support Bangladesh&#8217;s growth in various sectors. The relationship between [&#8230;]</p><p>The article <a
href="https://thearabianpost.com/bangladesh-seeks-chinas-backing-for-brics-membership-bid/">Bangladesh Seeks China&#8217;s Backing for BRICS Membership Bid</a> appeared first on <a
href="https://thearabianpost.com">Arabian Post</a>.</p>
]]></description>
<content:encoded><![CDATA[<p>By <a
class="lar-automated-link" href="https://thearabianpost.com/search/Tajul+Islam?orderby=DSC" 87982  target="_self">Tajul Islam</a></p><p>On June 25, Liu Jianchao, the&nbsp;visiting&nbsp;Minister of the International Relations of the Communist Party of China (CPC)&rsquo;s Central Committee reaffirmed China&rsquo;s commitment to fostering extensive cooperation with Bangladesh. During a courtesy call on Bangladesh President Mohammed Shahabuddin at the Bangabhaban, Liu emphasized China&rsquo;s dedication to bolstering development ties and assured that China would continue to support Bangladesh&rsquo;s growth in various sectors.</p><p>The relationship between Bangladesh and China is deeply rooted in history. President Shahabuddin expressed his hope for a stronger development partnership with China in the coming years. He also&nbsp;sought&nbsp;China&rsquo;s support for Bangladesh&rsquo;s bid to join the BRICS alliance, an intergovernmental organization comprising Brazil, Russia, India, China, South Africa, Iran, Egypt, Ethiopia, and the United Arab Emirates.</p><p>&ldquo;China always attaches great importance to bolster the development ties with Bangladesh. It will always be beside Bangladesh&rsquo;s development,&rdquo; Liu&nbsp;stated, underscoring China&rsquo;s enthusiasm for a collaborative future. He praised Bangladesh&rsquo;s notable progress in infrastructure, information technology, communication, energy, and tourism. This recognition from a major global player like China highlights the significant strides Bangladesh has made in these fields.</p><p>President Shahabuddin reciprocated the sentiment, acknowledging China as one of Bangladesh&rsquo;s most crucial development partners. He highlighted China&rsquo;s instrumental role in implementing mega projects such as the Padma Bridge Rail Link, Karnaphuli Tunnel, and Elevated Expressway. These projects have been pivotal in accelerating Bangladesh&rsquo;s economic development and enhancing its infrastructure.</p><p>Liu Jianchao&nbsp;informed&nbsp;Bangladesh that China is in favour of the expansion of BRICS and will strongly support Bangladesh in becoming a partner country. He also assured that China would positively consider allowing &ldquo;Duty Free Quota Free&rdquo; (DFQF) facilities to Bangladesh beyond 2026.</p><p>Foreign Minister of Bangladesh Hasan Mahmud reported that the Chinese minister also assured Bangladesh of continued Chinese support for a durable solution to the Rohingya crisis through repatriation. The foreign minister expressed satisfaction with the increased party-level engagements between the Bangladesh Awami League and the Communist Party of China.</p><p>While thanking the Chinese government for allowing DFQF market access for 98% of Bangladeshi products into the Chinese market, Hasan requested China to continue the DFQF access beyond 2026, when Bangladesh will graduate from the LDC status. He also emphasized more exports from Bangladesh, especially pharmaceuticals, ceramics, leather, and agricultural products, to China to reduce the trade imbalance.</p><p>Mentioning the last meeting between Prime Minister Sheikh Hasina and Chinese President Xi Jinping on the sidelines of the BRICS summit in Johannesburg in August 2023, Hasan requested Chinese support for Bangladesh to become a partner country of BRICS.</p><p>Bangladesh&rsquo;s interest in joining BRICS aligns with its strategic objectives of diversifying economic partnerships, enhancing its role in regional and global trade, and securing a stable and sustainable growth trajectory. With robust economic growth, increasing industrialization, and a strategic geographic location, Bangladesh stands as a promising candidate for BRICS membership.</p><p>Over the past decade, Bangladesh has achieved remarkable economic progress, maintaining an average GDP growth rate of around 6-7%. The country has emerged as a key player in the global textile industry, being the second-largest apparel exporter after China. The government&rsquo;s Vision 2041 aims to transform Bangladesh into a high-income country by leveraging industrial growth, technological innovation, and human capital development.</p><p>Joining BRICS could open new avenues for investment in Bangladesh. The BRICS countries, with their significant economic resources, could provide substantial financial and technical assistance. Enhanced access to the New Development Bank (NDB) would facilitate infrastructure development projects, crucial for sustaining Bangladesh&rsquo;s growth momentum.</p><p>BRICS membership would enable Bangladesh to diversify its trade partnerships beyond its traditional markets in the West. Increased trade with BRICS nations could reduce dependency on any single economic bloc, mitigating risks associated with global market fluctuations.</p><p>Bangladesh could benefit from technological transfers and industrial collaborations with BRICS countries, particularly in areas such as information technology, renewable energy, and manufacturing. Such partnerships could enhance Bangladesh&rsquo;s industrial capabilities and foster innovation.</p><p>As a member of BRICS, Bangladesh would gain a stronger voice in international forums, contributing to shaping global economic policies. This enhanced geopolitical influence would support Bangladesh&rsquo;s aspirations to play a more prominent role in regional and global affairs.</p><p>Earlier in April 2024, Brazilian Foreign Minister Mauro Vieira&nbsp;visited&nbsp;Bangladesh and expressed his country&rsquo;s positive consideration of Bangladesh&rsquo;s interest in joining BRICS. &ldquo;Bangladesh is a country we closely monitor, with shared principles and positions. We will strongly and positively consider its inclusion in BRICS from our side,&rdquo; Vieira remarked during a joint media briefing with Bangladesh&rsquo;s Foreign Minister, Hasan Mahmud.</p><p>Foreign Minister Mahmud reiterated Bangladesh&rsquo;s interest in joining BRICS, emphasizing the country&rsquo;s strategic objectives and economic potential. This support from Brazil, a key BRICS member, underscores the potential for Bangladesh to gain entry into this influential group of emerging economies.</p><p>The recent engagements between Bangladesh and China, along with Bangladesh&rsquo;s aspirations to join BRICS, reflect the country&rsquo;s proactive approach to enhancing its global economic partnerships and securing a sustainable growth trajectory. China&rsquo;s continued support and cooperation will play a vital role in Bangladesh&rsquo;s development journey.</p><p>As Bangladesh moves forward with its Vision 2041, the collaboration with China and potential BRICS membership could provide significant impetus for achieving its economic goals. The focus on infrastructure development, technological innovation, and diversified trade partnerships will be crucial in transforming Bangladesh into a high-income country and a key player in the global economy.</p><p>China&rsquo;s support for Bangladesh&rsquo;s bid to join BRICS is not just a diplomatic gesture but a strategic alignment of interests. The collaborative projects already in place between the two nations serve as a testament to what can be achieved through mutual cooperation. The Padma Bridge Rail Link, Karnaphuli Tunnel, and Elevated Expressway are just a few examples of the infrastructural marvels that have not only enhanced connectivity within Bangladesh but also positioned it as a critical player in the regional economic landscape.</p><p>&nbsp;</p><p>The article <a
href="https://thearabianpost.com/bangladesh-seeks-chinas-backing-for-brics-membership-bid/">Bangladesh Seeks China&#8217;s Backing for BRICS Membership Bid</a> appeared first on <a
href="https://thearabianpost.com">Arabian Post</a>.</p>
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</item>
<item><title>Escalating tension between Bangladesh, Myanmar threatens regional stability</title><link>https://thearabianpost.com/escalating-tension-between-bangladesh-myanmar-threatens-regional-stability/</link>
<comments>https://thearabianpost.com/escalating-tension-between-bangladesh-myanmar-threatens-regional-stability/#respond</comments>
<dc:creator><![CDATA[The Arabian Post Network]]></dc:creator>
<pubDate>Sat, 22 Jun 2024 02:44:00 +0000</pubDate>
<category><![CDATA[Columns]]></category>
<category><![CDATA[Syndication]]></category>
<guid
isPermaLink="false">https://thearabianpost.com/?p=89661</guid><description><![CDATA[<p>By Tajul Islam The recent provocations by Myanmar in the Bay of Bengal have significantly escalated tensions between Myanmar and Bangladesh, threatening regional stability and security. Reports indicate that Myanmar has been engaging in aggressive actions against Bangladeshi vessels operating in the Teknaf and St Martin&#8217;s sea lanes. This article examines the current situation, its historical context, and the broader implications for regional security, while also addressing [&#8230;]</p><p>The article <a
href="https://thearabianpost.com/escalating-tension-between-bangladesh-myanmar-threatens-regional-stability/">Escalating tension between Bangladesh, Myanmar threatens regional stability</a> appeared first on <a
href="https://thearabianpost.com">Arabian Post</a>.</p>
]]></description>
<content:encoded><![CDATA[<p>By <a
class="lar-automated-link" href="https://thearabianpost.com/search/Tajul+Islam?orderby=DSC" 87982  target="_self">Tajul Islam</a></p><p>The recent provocations by Myanmar in the Bay of Bengal have significantly escalated tensions between Myanmar and Bangladesh, threatening regional stability and security. Reports indicate that Myanmar has been engaging in aggressive actions against Bangladeshi vessels operating in the Teknaf and St Martin&rsquo;s sea lanes. This article examines the current situation, its historical context, and the broader implications for regional security, while also addressing the critical issue of the Rohingya refugees in Bangladesh.</p><p>For several days, Myanmar has reportedly been shooting at trawlers and other vessels in the maritime areas of Teknaf and St Martin&rsquo;s Island. These hostile actions, believed to be carried out by Myanmar trawlers and gunboats, have illegally crossed into Bangladeshi waters. This situation has caused significant fear and disruption for the local population and vessel operators.</p><p>The aggressive actions have had a profound impact on the local communities, particularly those dependent on maritime activities. Speedboat owner Syed Alam described a harrowing incident where his vessel, carrying a sick patient, was fired upon near the Myanmar border. Despite the attack, the speedboat managed to reach Saint Martin&rsquo;s safely. Alam noted the presence of Myanmar army ships nearby, suggesting that junta soldiers might be behind the attacks.</p><p>Residents of Saint Martin&rsquo;s Island, like Alam, are living in extreme fear. The lack of patrolling by the Border Guard Bangladesh (BGB) or Coast Guard in the area exacerbates their insecurity. The potential for a sudden invasion by junta soldiers looms large, further destabilizing the region.</p><p>Compounding the crisis is the&nbsp;issue&nbsp;of the Rohingya refugees. Since August 2017, over 1.20 million mostly Muslim Rohingyas have taken refuge in Bangladesh, fleeing the violence between Myanmar forces and the Arakan Rohingya Salvation Army (ARSA). The ARSA, a militant group involved in transnational drugs, weapons, and human trafficking, poses a significant security&nbsp;threat.</p><p>Myanmar&rsquo;s secret services have reportedly been recruiting and training a section of the Rohingyas, providing them with military training, including commando and suicide attack training. The objective appears to be to leverage these trained individuals in any potential conflict with Bangladesh. This tactic adds a dangerous new dimension to the already complex and volatile situation.</p><p>The presence of&nbsp;Rohingyas&nbsp;in Bangladesh has also raised alarms over international terrorism. Numerous sources indicate that terrorist outfits such as Al Qaeda, ISIS, Hezbollah, Hamas, Lashkar-e-Taiba, and others are infiltrating the Rohingya camps. These groups are recruiting individuals for terrorist and jihadist activities, posing a serious threat to regional and global security.</p><p>The Rohingya camps have become hotspots for drug peddling, arms trafficking, and human trafficking. The&nbsp;infiltration&nbsp;of international terrorist organizations into these camps has exacerbated the security situation, making it more challenging for Bangladesh to maintain stability and safety.</p><p>According to recent&nbsp;reports, around 45,000 Rohingyas are currently waiting on the Naf River, hoping to infiltrate Bangladesh. Additionally, many are attempting to enter India through sea routes and human trafficking networks. This movement is not just a humanitarian issue but also a significant security concern.</p><p>Indian intelligence agencies have warned of Pakistani spy agency ISI&rsquo;s involvement in training Rohingyas, using groups like Jamaat-ul Mujahideen Bangladesh (JMB) to facilitate this training. The fear is that these trained militants will be used to create instability in India, adding another layer of complexity to the regional security dynamics.</p><p>The tensions between Myanmar and Bangladesh over maritime boundaries are not new. The International Tribunal for the Law of the Sea (ITLOS) delivered a&nbsp;judgment&nbsp;in March 2012, confirming that Saint Martin&rsquo;s Island is entitled to a territorial sea, continental shelf, and Exclusive Economic Zone (EEZ) as part of Bangladesh. Despite this clear legal status, Myanmar&rsquo;s recent actions suggest a disregard for international law and norms.</p><p>Domestically, political factions in Bangladesh are also leveraging the situation. Members of the Bangladesh Nationalist Party (BNP) and Jamaat-e-Islami are propagating narratives that question the government&rsquo;s handling of the maritime boundary issues. They argue that the current government&rsquo;s focus on maritime claims has left Saint Martin&rsquo;s Island vulnerable to Myanmar&rsquo;s advances.</p><p>These political narratives, combined with the active involvement of pro-Caliphate and anti-democracy groups like Hefazat-e-Islam, further complicate the internal security situation. These groups are reportedly funding and supporting Rohingya militants to create instability in Bangladesh and India.</p><p>On the security front, increasing patrols by the BGB and Coast Guard in vulnerable areas like Saint Martin&rsquo;s Island is crucial. Enhanced surveillance and intelligence-sharing with neighbouring countries, especially India, can help in tracking and countering the movement of militants and traffickers.</p><p>While addressing the immediate security threats posed by Myanmar&rsquo;s aggression, Bangladesh must also tackle the long-term issue of the Rohingya refugees. The presence of over 1.20 million Rohingyas in Bangladesh has created significant economic, social, and security challenges. The international community has largely failed to provide a sustainable solution to this crisis, leaving Bangladesh to bear the burden.</p><p>The initial decision to shelter the Rohingyas was driven by humanitarian considerations. However, the situation has evolved, and the prolonged presence of the Rohingyas is now a significant burden. The humanitarian approach, while noble, must be balanced with pragmatic national interests. Bangladesh cannot afford to let the Rohingya issue undermine its security and development.</p><p>The current situation in the Bay of Bengal, marked by Myanmar&rsquo;s aggression and the complex security challenges posed by the Rohingya crisis, requires a multi-faceted response. Bangladesh must navigate these challenges with a combination of diplomatic finesse and robust security measures. The international community also has a role to play in supporting Bangladesh&rsquo;s efforts to maintain regional stability and security.</p><p>&nbsp;</p><p>The article <a
href="https://thearabianpost.com/escalating-tension-between-bangladesh-myanmar-threatens-regional-stability/">Escalating tension between Bangladesh, Myanmar threatens regional stability</a> appeared first on <a
href="https://thearabianpost.com">Arabian Post</a>.</p>
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</item>
<item><title>Nobel Laureate Mohammad Yunus Set To Enter Bangladesh Politics</title><link>https://thearabianpost.com/nobel-laureate-mohammad-yunus-set-to-enter-bangladesh-politics/</link>
<dc:creator><![CDATA[The Arabian Post Network]]></dc:creator>
<pubDate>Tue, 18 Jun 2024 09:30:31 +0000</pubDate>
<category><![CDATA[India Politics]]></category>
<guid
isPermaLink="false">https://thearabianpost.com/nobel-laureate-mohammad-yunus-set-to-enter-bangladesh-politics/</guid><description><![CDATA[<div>By Tajul Islam On June 11, 2024, Reuters published an interview with Mohammad Yunus, the Nobel Peace laureate and founder of Grameen Bank, which has stirred significant political discourse in Bangladesh. Mohammad Yunus, globally renowned for his contributions to microfinance and poverty alleviation, hinted at his imminent entry into Bangladeshi politics, criticizing the current state […]</div><p>The article <a
href="https://thearabianpost.com/nobel-laureate-mohammad-yunus-set-to-enter-bangladesh-politics/">Nobel Laureate Mohammad Yunus Set To Enter Bangladesh Politics</a> appeared first on <a
href="https://thearabianpost.com">Arabian Post</a>.</p>
]]></description>
<content:encoded><![CDATA[<div><p><strong>By <a
class="lar-automated-link" href="https://thearabianpost.com/search/Tajul+Islam?orderby=DSC" target="_self">Tajul Islam</a></strong></p><p>On June 11, 2024, Reuters published an interview with Mohammad Yunus, the Nobel Peace laureate and founder of Grameen Bank, which has stirred significant political discourse in Bangladesh. Mohammad Yunus, globally renowned for his contributions to microfinance and poverty alleviation, hinted at his imminent entry into Bangladeshi politics, criticizing the current state of political affairs in the country. He stated, &ldquo;Bangladesh has turned into a &lsquo;one-party&rsquo; state as the ruling party stamps out political competition.&rdquo;</p><p>Professor Yunus criticized the ruling Awami League, alleging that it monopolizes the political landscape. &ldquo;Bangladesh doesn&rsquo;t have any politics left,&rdquo; he asserted. &ldquo;There&rsquo;s only one party which is active and occupies everything, does everything, gets to the elections in their way. They get their people elected in many different forms &ndash; proper candidates, dummy candidates, independent candidates &ndash; but all from the same party.&rdquo; These statements reflect his profound dissatisfaction with the political status quo and hint at his ambitions to challenge it.</p><p>Mohammad Yunus, who received the Nobel Peace Prize in 2006 alongside Grameen Bank, has been a prominent figure on the international stage. Despite his acclaim, his journey has not been without controversy. The Nobel Prize was jointly awarded to Yunus and Grameen Bank, with Taslima Begum of Chapainawabganj District, Shibganj Upazila accepting the award on behalf of the bank. However, her name has largely remained unmentioned in international media.</p><p>The timing and intent behind Professor Yunus&rsquo; recent interview raise some questions. There appears to be no immediate event that necessitated such a public critique of the government. His remarks suggest a deliberate effort to position himself politically, reminding the public of his past attempt to form a political party, &ldquo;Nagarik Shakti&rdquo; (Citizens&rsquo; Power). He posed a rhetorical question to the government: &ldquo;Is it a crime for a citizen to try to make a political party?&rdquo; This points to his previous foray into politics and signals his intent to revive his political ambitions.</p><p>Critics argue that Mohammad Yunus&rsquo; claims of eradicating poverty through microfinance have not materialized as promised. In 2006, upon receiving the Nobel Prize, Mohammad Yunus optimistically declared that he would send poverty to the museum within 15 years. However, 18 years later, poverty persists in Bangladesh, and Yunus faces criticism for the high-interest rates charged by Grameen Bank. The 2010 documentary &ldquo;The Micro Debt&rdquo; by Danish journalist Tom Heinemann exposed these issues, revealing that microcredit interest rates often ranged from 40 to 125 percent, far higher than conventional commercial bank loans.</p><p>In the film &ldquo;The Micro Debt&rdquo;, Tom Heinemann exposed the fraudulent practices of Mohammad Yunus. Nurul Kabir, the editor of the Dhaka New Age newspaper, stated in an interview, &ldquo;In a commercial bank in Bangladesh, if you take a loan, you have to pay around 12-13 percent interest. However, if you take a microcredit loan, the interest rates range from 40 percent to, in cases, 125 percent. So, microcredit is a big, big business.&rdquo;</p><p>The documentary highlighted the harsh realities faced by many borrowers. While microcredit was intended to help the poor start small businesses and improve their livelihoods, many found themselves trapped in a cycle of debt due to exorbitant interest rates. This critique has tainted Mohammad Yunus&rsquo; legacy, painting him as a figure who profited from the very people he aimed to help. However, discussing these issues may not have any impact, as the government has not addressed Mohammad Yunus on these matters. It is important to note that Dr. Yunus, through Grameen Bank, secured millions of dollars in grants from various international organizations and countries, and conducted business by lending this money to ordinary people at interest rates of 40-45 percent.</p><p>Despite these criticisms, Prof. Yunus continues to be a significant figure in international media. He has been vocal in his opposition to the ruling Awami League and its leader, Prime Minister Sheikh Hasina. Tensions between Prof. Yunus and Sheikh Hasina are well-documented, with the Prime Minister reportedly calling him a &ldquo;bloodsucker&rdquo; of the poor and expressing a desire to &ldquo;drown him in the Padma River.&rdquo; These remarks underscore the deep animosity between the two.</p><p>Mohhammad Yunus has also been implicated in controversies surrounding the financing of the Padma Bridge, a major infrastructure project inaugurated by Prime Minister Sheikh Hasina in June 25, 2022. The bridge, which cost approximately 301.93 billion BDT, has been a point of pride for the government. It is a 6.15-kilometer-long bridge that connects the capital Dhaka with 21 southern and western districts, significantly enhancing communication and transportation.</p><p>However, there are allegations that Yunus played a role in obstructing financial support from the World Bank for the project, further straining his relationship with the government. The World Bank withdrew its $1.2 billion funding in 2012, citing concerns over corruption. Mohhammad Yunus&rsquo; opponents claim that he influenced this decision, a charge he has consistently denied.</p><p>The current political climate in Bangladesh is fraught with tension. Prof Yunus&rsquo; criticisms align with the anti-government sentiments of opposition parties such as the Bangladesh Nationalist Party (BNP) and the Jamaat-e-Islami. In a recent US State Department regular press briefing, BNP Chairperson Begum Khaleda Zia&rsquo;s former deputy press secretary Mushfiqul Fazal Ansery raised concerns about the legal cases against Yunus. The US spokesperson responded, expressing concern that these cases might represent a misuse of Bangladesh&rsquo;s labour laws to harass and intimidate Yunus.</p><p>Professor Yunus faces legal challenges related to alleged labour law violations at Grameen Telecom. In January, a Dhaka labour court sentenced Yunus and several others to six months&rsquo; imprisonment and imposed fines for these violations. Yunus, however, claims these cases are politically motivated. &ldquo;We continue to closely monitor developments in the case against Dr. Yunus,&rdquo; a US State Department spokesperson said. &ldquo;We have expressed our concern that these cases may represent a misuse of Bangladesh&rsquo;s labour laws to harass and intimidate Dr. Yunus.&rdquo;</p><p>Dr. Yunus&rsquo; recent interview and political statements suggest he is preparing to re-enter the political arena. By criticizing the last election and questioning the legitimacy of the Awami League government, Mohammad Yunus is positioning himself as a voice of the opposition. His comments indicate an intention to revive his political organization, Nagarik Shakti, and challenge the ruling party. <strong>(<a
class="lar-automated-link" href="https://thearabianpost.com/india-specials/" rel="nofollow noopener" target="_blank">IPA Service</a>)</strong></p><p><strong>By arrangement with the Arabian Post</strong></p></div><style>.eltd-post-text-inner img:first-of-type{float:none !important;max-width:720px !important;width:100% !important}</style><p>The article <a
href="https://thearabianpost.com/nobel-laureate-mohammad-yunus-set-to-enter-bangladesh-politics/">Nobel Laureate Mohammad Yunus Set To Enter Bangladesh Politics</a> appeared first on <a
href="https://thearabianpost.com">Arabian Post</a>.</p>
]]></content:encoded>
</item>
<item><title>Nobel Laureate Mohammad Yunus Set to Enter Bangladesh Politics Soon</title><link>https://thearabianpost.com/nobel-laureate-mohammad-yunus-set-to-enter-bangladesh-politics-soon/</link>
<comments>https://thearabianpost.com/nobel-laureate-mohammad-yunus-set-to-enter-bangladesh-politics-soon/#respond</comments>
<dc:creator><![CDATA[The Arabian Post Network]]></dc:creator>
<pubDate>Sat, 15 Jun 2024 07:25:25 +0000</pubDate>
<category><![CDATA[Columns]]></category>
<category><![CDATA[Syndication]]></category>
<guid
isPermaLink="false">https://thearabianpost.com/?p=89284</guid><description><![CDATA[<p>By Tajul Islam On June 11, 2024, Reuters published an&#160;interview&#160;with Mohammad Yunus, the Nobel Peace laureate and founder of Grameen Bank, which has stirred significant political discourse in Bangladesh. Mohammad Yunus, globally renowned for his contributions to microfinance and poverty alleviation, hinted at his imminent entry into Bangladeshi politics, criticizing the current state of political affairs in the country. He stated, &#8220;Bangladesh has turned into a &#8216;one-party&#8217; [&#8230;]</p><p>The article <a
href="https://thearabianpost.com/nobel-laureate-mohammad-yunus-set-to-enter-bangladesh-politics-soon/">Nobel Laureate Mohammad Yunus Set to Enter Bangladesh Politics Soon</a> appeared first on <a
href="https://thearabianpost.com">Arabian Post</a>.</p>
]]></description>
<content:encoded><![CDATA[<p>By <a
class="lar-automated-link" href="https://thearabianpost.com/search/Tajul+Islam?orderby=DSC" 87982  target="_self">Tajul Islam</a></p><p>On June 11, 2024, Reuters published an&nbsp;interview&nbsp;with Mohammad Yunus, the Nobel Peace laureate and founder of Grameen Bank, which has stirred significant political discourse in Bangladesh. Mohammad Yunus, globally renowned for his contributions to microfinance and poverty alleviation, hinted at his imminent entry into Bangladeshi politics, criticizing the current state of political affairs in the country. He stated, &ldquo;Bangladesh has turned into a &lsquo;one-party&rsquo; state as the ruling party stamps out political competition.&rdquo;</p><p>Professor Yunus criticized the ruling Awami League, alleging that it monopolizes the political landscape. &ldquo;Bangladesh doesn&rsquo;t have any politics left,&rdquo; he asserted. &ldquo;There&rsquo;s only one party which is active and occupies everything, does everything, gets to the elections in their way. They get their people elected in many different forms &ndash; proper candidates, dummy candidates, independent candidates &ndash; but all from the same party.&rdquo; These statements reflect his profound dissatisfaction with the political status quo and hint at his ambitions to challenge it.</p><p>Mohammad Yunus, who received the Nobel Peace Prize in 2006 alongside Grameen Bank, has been a prominent figure on the international stage. Despite his acclaim, his journey has not been without controversy. The Nobel Prize was jointly awarded to Yunus and Grameen Bank, with Taslima Begum of&nbsp;Chapainawabganj District, Shibganj Upazila accepting&nbsp;the&nbsp;award&nbsp;on behalf of the bank. However, her name has largely remained unmentioned in international media.</p><p>The timing and intent behind Professor Yunus&rsquo; recent interview raise some questions. There appears to be no immediate event that necessitated such a public critique of the government. His remarks suggest a deliberate effort to position himself politically, reminding the public of his past&nbsp;attempt&nbsp;to form a political party, &ldquo;Nagarik Shakti&rdquo; (Citizens&rsquo; Power). He posed a rhetorical question to the government: &ldquo;Is it a crime for a citizen to try to make a political party?&rdquo; This points to his previous foray into politics and signals his intent to revive his political ambitions.</p><p>Critics argue that Mohammad Yunus&rsquo; claims of eradicating poverty through microfinance have not materialized as promised. In 2006, upon receiving the Nobel Prize, Mohammad Yunus optimistically declared that he would send poverty to the&nbsp;museum&nbsp;within 15 years. However, 18 years later, poverty persists in Bangladesh, and Yunus faces criticism for the high-interest rates charged by Grameen Bank. The 2010&nbsp;documentary&nbsp;&ldquo;The Micro Debt&rdquo; by Danish journalist Tom Heinemann exposed these issues, revealing that microcredit interest rates often ranged from 40 to 125 percent, far higher than conventional commercial bank loans.</p><p>In the film &ldquo;The Micro Debt,&rdquo; Tom Heinemann exposed the fraudulent practices of Mohammad Yunus. Nurul Kabir, the editor of the Dhaka New Age newspaper&nbsp;stated&nbsp;in an interview, &ldquo;In a commercial bank in Bangladesh, if you take a loan, you have to pay around 12-13 percent interest. However, if you take a microcredit loan, the interest rates range from 40 percent to, in cases 125 percent. So, microcredit is a big, big business.&rdquo;</p><p>The documentary highlighted the harsh realities faced by many borrowers. While microcredit was intended to help the poor start small businesses and improve their livelihoods, many found themselves trapped in a cycle of debt due to exorbitant interest rates. This critique has tainted Mohammad Yunus&rsquo; legacy, painting him as a figure who profited from the very people he aimed to help.</p><p>However, discussing these issues may not have any impact, as the government has not addressed Mohammad Yunus on these matters. It is important to note that Dr. Yunus, through Grameen Bank, secured millions of dollars in grants from various international organizations and countries, and conducted business by lending this money to ordinary people at interest rates of 40-45 percent.</p><p>Despite these criticisms, Prof. Yunus continues to be a significant figure in international media. He has been vocal in his opposition to the ruling Awami League and its leader, Prime Minister Sheikh Hasina. Tensions between Prof. Yunus and Sheikh Hasina are well-documented, with the Prime Minister reportedly calling him a &ldquo;bloodsucker&rdquo; of the poor and expressing a desire to &ldquo;drown him in the Padma River.&rdquo; These remarks underscore the deep animosity between the two.</p><p>Mohhammad Yunus has also been implicated in controversies surrounding the financing of the Padma Bridge, a major infrastructure project&nbsp;inaugurated&nbsp;by Prime Minister Sheikh Hasina in June 25, 2022. The bridge, which cost approximately 301.93 billion BDT, has been a point of pride for the government. It is a 6.15-kilometer-long bridge that connects the capital Dhaka with 21 southern and western districts, significantly enhancing communication and transportation.</p><p>However, there are&nbsp;allegations&nbsp;that Yunus played a role in obstructing financial support from the World Bank for the project, further straining his relationship with the government. The World Bank withdrew its $1.2 billion funding in 2012, citing concerns over corruption. Mohhammad Yunus&rsquo; opponents claim that he influenced this decision, a charge he has consistently denied.</p><p>The current political climate in Bangladesh is fraught with tension. Prof. Yunus&rsquo; criticisms align with the anti-government sentiments of opposition parties such as the Bangladesh Nationalist Party (BNP) and Jamaat-e-Islami. In a recent US State Department regular&nbsp;press&nbsp;briefing, BNP Chairperson Begum Khaleda Zia&rsquo;s former deputy press secretary Mushfiqul Fazal Ansery raised concerns about the legal cases against Yunus. The US spokesperson responded, expressing concern that these cases might represent a misuse of Bangladesh&rsquo;s labor laws to harass and intimidate Yunus.</p><p>Professor Yunus faces legal challenges related to&nbsp;alleged&nbsp;labour law violations at Grameen Telecom. In January, a Dhaka labour court sentenced Yunus and several others to six months&rsquo; imprisonment and imposed fines for these violations. Yunus, however, claims these cases are politically motivated. &ldquo;We continue to closely monitor developments in the case against Dr. Yunus,&rdquo; a US State Department spokesperson said. &ldquo;We have expressed our concern that these cases may represent a misuse of Bangladesh&rsquo;s labour laws to harass and intimidate Dr. Yunus.&rdquo;</p><p>Dr. Yunus&rsquo; recent interview and political statements suggest he is preparing to re-enter the political arena. By criticizing the last election and questioning the legitimacy of the Awami League&rsquo;s government, Mohammad Yunus is positioning himself as a voice of opposition. His comments indicate an intention to revive his political organization, Nagarik Shakti, and challenge the ruling party.</p><p>&nbsp;</p><p>The article <a
href="https://thearabianpost.com/nobel-laureate-mohammad-yunus-set-to-enter-bangladesh-politics-soon/">Nobel Laureate Mohammad Yunus Set to Enter Bangladesh Politics Soon</a> appeared first on <a
href="https://thearabianpost.com">Arabian Post</a>.</p>
]]></content:encoded>
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<item><title>International Criminal Court faces storm, charges of hypocrisy</title><link>https://thearabianpost.com/international-criminal-court-faces-storm-charges-of-hypocrisy/</link>
<comments>https://thearabianpost.com/international-criminal-court-faces-storm-charges-of-hypocrisy/#respond</comments>
<dc:creator><![CDATA[The Arabian Post Network]]></dc:creator>
<pubDate>Sat, 25 May 2024 06:38:23 +0000</pubDate>
<category><![CDATA[Columns]]></category>
<category><![CDATA[Syndication]]></category>
<guid
isPermaLink="false">https://thearabianpost.com/?p=88231</guid><description><![CDATA[<p>By Tajul Islam The International Criminal Court (ICC) and its chief prosecutor Karim Khan, a Pakistani-British member of Ahmadiyya community, with deep-rooted connections with Buckingham Palace and UK&#8217;s intelligence establishments are hitting headlines in international media in the recent days. Criticizing ICC, in a recent&#160;statement&#160;on his &#8216;X&#8217; handle, John Bolton, the former National Security Advisor to President Donald Trump, expressed his anger and strong criticism at ICC [&#8230;]</p><p>The article <a
href="https://thearabianpost.com/international-criminal-court-faces-storm-charges-of-hypocrisy/">International Criminal Court faces storm, charges of hypocrisy</a> appeared first on <a
href="https://thearabianpost.com">Arabian Post</a>.</p>
]]></description>
<content:encoded><![CDATA[<p>By <a
class="lar-automated-link" href="https://thearabianpost.com/search/Tajul+Islam?orderby=DSC" 87982  target="_self">Tajul Islam</a></p><p>The International Criminal Court (ICC) and its chief prosecutor Karim Khan, a Pakistani-British member of Ahmadiyya community, with deep-rooted connections with Buckingham Palace and UK&rsquo;s intelligence establishments are hitting headlines in international media in the recent days. Criticizing ICC, in a recent&nbsp;statement&nbsp;on his &lsquo;X&rsquo; handle, John Bolton, the former National Security Advisor to President Donald Trump, expressed his anger and strong criticism at ICC for its attempts of issuing an arrest warrant against Israeli Prime Minister Benjamin Netanyahu and members of Hamas.</p><p>Ambassador Bolton denounced the ICC&rsquo;s actions as &lsquo;illegitimate&rsquo;, particularly in the context of an ongoing war. He urged the United States to take decisive measures, both through Congress and the White House, to condemn the ICC and impose sanctions in support of Israel.</p><p>President Joe Biden&nbsp;echoed&nbsp;Bolton&rsquo;s sentiments, labelling the ICC&rsquo;s attempt to arrest Netanyahu as &lsquo;outrageous&rsquo;. A group of Republican senators, led by Senator Tom Cotton, also voiced their disapproval,&nbsp;warning&nbsp;ICC chief prosecutor Karim Khan against pursuing arrest warrants for Israeli officials in connection with the Gaza conflict. These statements and actions highlight a clear pattern of support for Israel while simultaneously questioning the legitimacy and motivations of the ICC.</p><p>While some people may agree with Bolton, it is hard to overlook the apparent double standards at play. When the ICC issued an&nbsp;arrest&nbsp;warrant&nbsp;against Russian President Vladimir Putin, there was widespread celebration among US policymakers and their European allies. Putin was accused of crimes related to his actions in Ukraine, which were seen as efforts to protect Russian sovereignty. Yet, these same leaders are now condemning the ICC for targeting Netanyahu. This inconsistency in reactions raises significant questions about the principles and motivations guiding these leaders.</p><p>The hypocrisy becomes even more apparent when considering the actions of various American presidents. The United States has a long history of military interventions in countries like Libya and Iraq, often resulting in significant human rights violations. Despite these actions, the ICC has largely remained silent. This silence raises questions about the ICC&rsquo;s impartiality and the true motivations behind its actions. Is the ICC selectively targeting certain leaders while ignoring the transgressions of others, especially those from powerful nations like the United States?</p><p>The current push to issue warrants against Netanyahu and leaders of Hamas originates from Karim Khan, the ICC&rsquo;s chief prosecutor. Khan, a Pakistani-born British lawyer and&nbsp;member&nbsp;of the Ahmadiyya community, has faced accusations of bias. Some view him as an anti-Semite, while others in Israel saw his election as a positive development, considering him &ldquo;pragmatic.&rdquo; However, pro-Palestinian media have accused him of favouring Israel and actively seeking to convict Hamas. This mixed perception of Khan further complicates the narrative and highlights the complex dynamics at play within the ICC.</p><p>The ICC itself has a troubled history, marred by scandals and controversies. In 2015, a significant scandal involving the court came to light. An investigation by the European Investigative Collaboration (EIC) revealed questionable practices and the dubious morality of Luis Moreno Ocampo, the ICC&rsquo;s first prosecutor. These findings severely undermined the ICC&rsquo;s credibility and highlighted the political games that often surround international justice.</p><p>The former chief prosecutor of ICC, Fatou Bensouda, also faced controversy. She has been mired in scandal. Accusations against ICC judges have further damaged the court&rsquo;s reputation, with reports highlighting issues with their morality, integrity, and independence. These controversies have cast a long shadow over the ICC&rsquo;s ability to function as a fair and impartial institution.</p><p>In September 2020, the US government took a decisive step by&nbsp;imposing&nbsp;sanctions on Bensouda and another senior ICC official, Phakiso Mochochoko. Secretary of State Mike Pompeo&nbsp;announced&nbsp;visa restrictions for individuals involved in the ICC&rsquo;s efforts to investigate US personnel. This move sent a clear message of the US&rsquo;s disapproval of the ICC&rsquo;s actions and highlighted the tension between the court and powerful nations.</p><p>German broadcaster&nbsp;Deutsche Welle&nbsp;has described Karim Khan as a controversial figure. The Russian Foreign Ministry has also&nbsp;criticized&nbsp;the ICC, arguing that its actions violate international law. According to the ministry, the ICC&rsquo;s issuance of warrants against officials from non-party states to the Rome Statute, like Russia, is unlawful. This criticism underscores the complex legal and political challenges the ICC faces in executing its mandate.</p><p>The Russian Foreign Ministry further stated that the ICC has deviated from its original objectives and principles of international law. This deviation, along with procedural shortcomings and political factors, has led to a loss of legitimacy and authority in the eyes of many in the international community.</p><p>The totality of violations of international law committed by the ICC and its Prosecutor suggests a persistent and probably irreversible loss of credibility.</p><p>In another development, the US Department of State recently&nbsp;designated&nbsp;former Bangladeshi army official General Aziz Ahmed for &ldquo;significant corruption&rdquo;. The designation cited Ahmed&rsquo;s interference in public processes and involvement in helping his brother evade accountability for criminal activity in Bangladesh. Ahmed was also accused of accepting bribes and improperly awarding military contracts for personal gain. This designation has further complicated the narrative of international justice and the role of powerful nations in shaping it.</p><p>An Al Jazeera journalist claimed on Facebook&nbsp;post&nbsp;that this US action was a result of an investigative report by the network. The report alleged that Bangladesh had purchased Israeli&nbsp;spyware, although it provided no credible evidence of corruption or money laundering by General Ahmed. Bangladesh authorities have denied purchasing surveillance equipment from Israel, raising further questions about the validity of Al Jazeera&rsquo;s claims.</p><p>The US sanctions against Genera Aziz Ahmed raises significant questions. If the sanctions are related to the purchase of Israeli surveillance equipment, why would the US, an ally of Israel, impose such measures? If not, why is Al Jazeera linking the sanctions to its investigative report? Al Jazeera&rsquo;s hostility towards Israel and its allies is well-known, and its claims seem misleading and unfounded. This situation highlights the complex interplay of media, international politics, and justice.</p><p>&nbsp;</p><p>The article <a
href="https://thearabianpost.com/international-criminal-court-faces-storm-charges-of-hypocrisy/">International Criminal Court faces storm, charges of hypocrisy</a> appeared first on <a
href="https://thearabianpost.com">Arabian Post</a>.</p>
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</item>
<item><title>Unraveling the Mystery of Iranian President Raisi&#8217;s Helicopter Incident</title><link>https://thearabianpost.com/unraveling-the-mystery-of-iranian-president-raisis-helicopter-incident/</link>
<comments>https://thearabianpost.com/unraveling-the-mystery-of-iranian-president-raisis-helicopter-incident/#respond</comments>
<dc:creator><![CDATA[The Arabian Post Network]]></dc:creator>
<pubDate>Mon, 20 May 2024 10:07:22 +0000</pubDate>
<category><![CDATA[Columns]]></category>
<category><![CDATA[Syndication]]></category>
<guid
isPermaLink="false">https://thearabianpost.com/?p=87974</guid><description><![CDATA[<p>Tajul Islam The latest&#160;incident&#160;of helicopter&#160;crash&#160;involving Iranian President Ebrahim Raisi has sparked a wave of speculation and concern both within Iran and internationally. Occurring in dense fog over the rugged terrain of Iran&#8217;s East Azerbaijan province, the&#160;incident&#160;raises critical questions about the circumstances that led to such a dangerous&#160;situation&#160;for one of the country&#8217;s most protected&#160;figures. On a routine diplomatic mission, President Raisi&#8217;s helicopter was&#160;carrying&#160;several high-ranking officials, including Foreign Minister [&#8230;]</p><p>The article <a
href="https://thearabianpost.com/unraveling-the-mystery-of-iranian-president-raisis-helicopter-incident/">Unraveling the Mystery of Iranian President Raisi&#8217;s Helicopter Incident</a> appeared first on <a
href="https://thearabianpost.com">Arabian Post</a>.</p>
]]></description>
<content:encoded><![CDATA[<p><a
class="lar-automated-link" href="https://thearabianpost.com/search/Tajul+Islam?orderby=DSC" 87982  target="_self">Tajul Islam</a></p><p>The latest&nbsp;incident&nbsp;of helicopter&nbsp;crash&nbsp;involving Iranian President Ebrahim Raisi has sparked a wave of speculation and concern both within Iran and internationally. Occurring in dense fog over the rugged terrain of Iran&rsquo;s East Azerbaijan province, the&nbsp;incident&nbsp;raises critical questions about the circumstances that led to such a dangerous&nbsp;situation&nbsp;for one of the country&rsquo;s most protected&nbsp;figures.</p><p>On a routine diplomatic mission, President Raisi&rsquo;s helicopter was&nbsp;carrying&nbsp;several high-ranking officials, including Foreign Minister Hossein Amirabdollahian and the governor of East Azerbaijan province. They were returning from a trip to Iran&rsquo;s border with Azerbaijan, where they had participated in a ceremonial inauguration of a dam with Azerbaijan&rsquo;s President Ilham Aliyev. Iranian officials claim, the helicopter was forced to make an emergency landing in the Dizmar forest, a remote and mountainous area between the cities of Varzaqan and Jolfa, near the Azerbaijani border.</p><p>Initial reports from Iranian state media cited adverse weather conditions, particularly thick fog, as the primary reason for the forced landing. However, the lack of detailed information and conflicting reports about the exact location and circumstances of the incident have led to widespread speculation and raised several questions about the security protocols in place for protecting high-profile leaders.</p><p>President Raisi&rsquo;s position within Iran&rsquo;s political hierarchy is of particular significance. He is not only the country&rsquo;s president but also a potential successor to the current Supreme Leader, Ayatollah Ali Khamenei. Under the Iranian constitution, in the event of Raisi&rsquo;s death, the first vice president, Mohammad Mokhber, would assume the presidency. This constitutional provision aims to ensure continuity and stability within the government.</p><p>Iran&rsquo;s Supreme Leader Ali Khamenei has reassured the Iranian public that the country&rsquo;s operations would continue without disruption if such a tragic event were to occur. However, the death of Ebrahim Raisi would undoubtedly create a power vacuum and could lead to significant political turmoil, given his prominence and the critical roles he has played both domestically and in foreign policy.</p><p>The incident has naturally given rise to various speculations and conspiracy theories, particularly in light of historical precedents. Aviation accidents involving world leaders often become the subject of intense scrutiny and suspicion, especially when they occur under ambiguous circumstances.</p><p>In the case of President Raisi, the geopolitical context and recent events add further intrigue to the incident.</p><p>The helicopter crash occurred against a backdrop of heightened tensions and significant challenges facing Iran, both internally and externally. Just last month, Iran launched an unprecedented drone and missile attack on Israel in response to an Israeli strike on an Iranian consular building in Damascus that killed two Iranian generals. This escalation has further strained relations between the two countries and added to the regional instability.</p><p>Internally, Iran has been grappling with years of mass protests against its theocratic regime, driven by economic hardships and demands for greater social freedoms, particularly women&rsquo;s rights. The death of Mahsa Amini in 2022, after being detained by the morality police for allegedly not wearing a hijab, sparked nationwide protests and a severe crackdown by security forces. Over 500 people were killed, and more than 22,000 were arrested in the ensuing demonstrations.</p><p>Additionally, under Raisi&rsquo;s leadership, Iran has advanced its uranium enrichment program to near-weapons-grade levels, raising concerns among the international community. Iran has also been actively involved in regional conflicts, supplying arms to proxy groups such as Palestinian Hamas, Yemen&rsquo;s Houthi rebels and Lebanon&rsquo;s Hezbollah, and providing military support to Russia in its war against Ukraine.</p><p>Iran&rsquo;s fleet of helicopters faces significant maintenance challenges due to international sanctions, which make it difficult to obtain necessary parts. Many of the helicopters in use today, including those likely involved in transporting high-ranking officials, predate the 1979 Islamic Revolution. The helicopter involved in President Raisi&rsquo;s incident resembled a Bell 412, a model that has been in service for several decades and is known for its reliability under normal circumstances.</p><p>However, the combination of aging equipment and maintenance difficulties poses risks. While Iranian authorities have not provided detailed information on the helicopter&rsquo;s condition, these factors could have contributed to the forced landing.</p><p>Following the incident, Iranian state media initially reported the forced landing without providing specific details. This lack of transparency fuelled public concern and led to widespread calls for prayers for those on board. Conflicting reports about the exact crash site and the nature of the emergency landing further muddied the waters, with some reports indicating the helicopter crashed near Jolfa, while others pointed to a location closer to the village of Uzi.</p><p>The public&rsquo;s reaction has been intense, with state television broadcasting images of worshipers praying at significant religious sites, including the Imam Reza shrine in Mashhad, one of the holiest sites in Shiite Islam. These images underscore the national concern and the symbolic importance of the incident for the Iranian people.</p><p>The forced landing of President Raisi&rsquo;s helicopter highlights the myriad challenges facing Iran, from internal political stability to external geopolitical tensions. While adverse weather conditions are the official explanation, the lack of detailed information and the historical context of similar incidents have fueled speculation and conspiracy theories. As investigations continue, the incident remains a focal point of national and international interest, with potential implications for Iran&rsquo;s political future and stability.</p><p>The broader context of Raisi&rsquo;s leadership, marked by aggressive foreign policy actions and domestic unrest, adds further complexity to the incident. Whether the crash will lead to significant changes within Iran&rsquo;s political landscape or further destabilize the region remains to be seen. For now, the mystery surrounding the helicopter crash continues to captivate and concern observers worldwide.</p><p>The death of President Ebrahim Raisi along with other high-ranking figures, including Foreign Minister Hossein Amirabdollahian shall have huge impact in Iran&rsquo;s domestic situation. Sensing such dire consequences, Iranian Supreme Leader Ali Khamenei and other figures in the government as well as state-controlled media have made frantic bids in hiding the actual news from people&rsquo;s attention for more than 40 hours. Aviation experts said, in case of such incident, the matter would immediately come under notice of the aviation authorities. But in this case, Iranian authorities, instead of admitting truth have clearly&nbsp;lied&nbsp;with the people stating the helicopter had &ldquo;hard-landing&rdquo; or they were &ldquo;receiving signals from passengers onboard&rdquo;. Reason behind such tactics may be due to nervousness within the Iranian administration including Supreme Leader Ali Khamenei. Moreover, a large number of experts are saying &ndash; this may not be a mere accident. There is mystery that needs to be unfolded.</p><p>&nbsp;</p><p>The article <a
href="https://thearabianpost.com/unraveling-the-mystery-of-iranian-president-raisis-helicopter-incident/">Unraveling the Mystery of Iranian President Raisi&#8217;s Helicopter Incident</a> appeared first on <a
href="https://thearabianpost.com">Arabian Post</a>.</p>
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<item><title>Obstacles to Attaining Target Levels of Export Earnings in Bangladesh</title><link>https://thearabianpost.com/obstacles-to-attaining-target-levels-of-export-earnings-in-bangladesh/</link>
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<dc:creator><![CDATA[The Arabian Post Network]]></dc:creator>
<pubDate>Tue, 05 Mar 2024 15:27:02 +0000</pubDate>
<category><![CDATA[Columns]]></category>
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<guid
isPermaLink="false">https://thearabianpost.com/?p=84461</guid><description><![CDATA[<p>By Tajul Islam With a population of around 165 million, Bangladesh, situated in southern Asia, traditionally depended heavily on agriculture for its economic sustenance. However, a promising shift has been observed as the Ready-made Garment (RMG) sector emerges as the country&#8217;s primary foreign currency earner. Employing approximately 4.2 million individuals, this sector significantly bolsters the GDP. Fueled by a dynamic, urbanizing workforce, predominantly constituted of women, Bangladesh&#8217;s [&#8230;]</p><p>The article <a
href="https://thearabianpost.com/obstacles-to-attaining-target-levels-of-export-earnings-in-bangladesh/">Obstacles to Attaining Target Levels of Export Earnings in Bangladesh</a> appeared first on <a
href="https://thearabianpost.com">Arabian Post</a>.</p>
]]></description>
<content:encoded><![CDATA[<p
class="x_MsoNormal">By <a
class="lar-automated-link" href="https://thearabianpost.com/search/Tajul+Islam?orderby=DSC" 87982  target="_self">Tajul Islam</a></p><p
class="x_MsoNormal">With a population of around 165 million, Bangladesh, situated in southern Asia, traditionally depended heavily on agriculture for its economic sustenance. However, a promising shift has been observed as the Ready-made Garment (RMG) sector emerges as the country&rsquo;s primary foreign currency earner. Employing approximately 4.2 million individuals, this sector significantly bolsters the GDP. Fueled by a dynamic, urbanizing workforce, predominantly constituted of women, Bangladesh&rsquo;s RMG industry assumes a central position in its economic framework.</p><p
class="x_MsoNormal">Bangladesh is currently facing new challenges in exporting its products. Despite the implementation of a higher wage structure for garment workers last December, garment traders are increasingly worried. Foreign buyers are hesitant to accept the prices of goods adjusted to the new wage ratio, sparking concerns within the industry. This situation highlights the urgent necessity for implementing effective strategies to bridge the gap between labor costs and market demands. It&rsquo;s crucial to ensure the long-term sustainability of Bangladesh&rsquo;s crucial readymade garment export sector.</p><p
class="x_MsoNormal">Bangladesh is confronting challenges in meeting its export targets for the Financial Year (FY) 2023-2024. Nevertheless, despite the challenging environment, the country is making strides towards achieving its export goals. The Ministry of Commerce has set an export target of US$ 72 billion for FY 2023-2024, with product exports aiming for US$ 62 billion and services exports targeting US$ 10 billion.</p><p
class="x_MsoNormal">In the initial seven months spanning from June 2023 to January 2024, the nation&rsquo;s exports amassed a total of US$ 33.26 billion, reflecting a 8.03% shortfall compared to the intended target of US$ 36.16 billion. Notably impacted was the garment industry sector, which represents a significant portion of the country&rsquo;s export revenue, experiencing notable declines particularly in the months of October, November, and December. Surpassing the original export goal now poses a formidable challenge in light of this downturn.</p><p
class="x_MsoNormal">In the Financial Year 2022-2023, the export target stood at US$ 64.55 billion, a milestone successfully reached with goods amounting to US$ 55.55 billion and services contributing US$ 5 billion. The growth rates for goods and services were recorded at 6.67% and 1.12% respectively, showcasing steady progress in both sectors.</p><p
class="x_MsoNormal">Amidst the ongoing global economic downturn, the repercussions of the Israel-Palestine conflict and the recent assaults on vessels in the Red Sea by Yemen&rsquo;s Houthi rebels have compounded challenges. Further complicating matters, four of the world&rsquo;s five largest container shipping companies have suspended operations in the Red Sea post-mid-December, exacerbating logistical disruptions. Additionally, the exports have been impacted by the Russia-Ukraine war.</p><p
class="x_MsoNormal">Md Zakaria Touhid, Manager of Merchandising & Marketing at Z, X, Y International in Dhaka, Bangladesh, highlighted the repercussions of the Red Sea crisis, stating, &ldquo;As a result of the crisis in the Red Sea, major shipping lines are redirecting their vessels to Africa&rsquo;s Uttamasha Intrepid Sea. Although some major shipping lines still traverse the Red Sea, smaller and medium-sized shipping companies are increasingly opting for alternative routes. Furthermore, the surge in piracy, compounded by the presence of Haitian insurgents, intensifies the risks associated with maritime transport. Consequently, ship charter and insurance premiums are on the rise due to heightened risks. The ramifications extend beyond the region, affecting nations such as the United States, 27 EU countries, Turkey, Morocco, and Egypt.&rdquo;</p><p
class="x_MsoNormal">Mr. Touhid has raised serious concerns about the erosion of Bangladesh&rsquo;s competitiveness in the global market, driven by rising production expenses such as wages, utilities, and raw materials. Should these costs surpass productivity gains or market prices, it could pose formidable challenges. Moreover, inflation and currency fluctuations, often linked to a dollar crisis, might further hinder Bangladeshi exports by increasing their prices for foreign buyers. The persistent gas crisis exacerbates these difficulties, disrupting industrial production and timely manufacturing, thereby inflating production costs and adversely impacting exports.</p><p
class="x_MsoNormal">Despite challenges, concerted efforts are being made to bolster exports of other key products such as home textiles, leather, footwear, jute and jute products, frozen and live fish, shrimp, and agriculture. This diversification aims to aid in achieving export targets. Anticipation is high for a turnaround in exports, with traders eyeing 2024 as a pivotal year. Despite hurdles, the&nbsp;Ready-made Garment (RMG)&nbsp;industry, the nation&rsquo;s leading export sector, remains resilient. Initiatives such as the minimum wage declaration and the commitment to transitioning to green industrialization underscore ongoing efforts within the industry.</p><p
class="x_MsoNormal">The Bangladesh Garment Manufacturers and Exporters Association (BGMEA) anticipate a favorable turnaround in the Ready-made Garment (RMG) industry from the latter part of this year. With global economic conditions showing signs of improvement, coupled with anticipated adjustments in interest rates by entities like the U.S. Federal Reserve and major European banks, there&rsquo;s optimism for a positive shift in the international economic landscape. However, achieving this improvement requires enhanced collaboration between the government and local businessmen, along with a strategic focus on enhancing Bangladesh&rsquo;s garment exports to key markets. This entails revisiting trade policies, fostering preferential trade agreements, and prioritizing initiatives to boost productivity. Additionally, there&rsquo;s a pressing need to invest in technology and innovation, diversify export destinations, and enhance both worker efficiency and welfare standards. Such concerted efforts are pivotal for ensuring the sustained growth and competitiveness of Bangladesh&rsquo;s RMG sector in the global market.</p><p>The article <a
href="https://thearabianpost.com/obstacles-to-attaining-target-levels-of-export-earnings-in-bangladesh/">Obstacles to Attaining Target Levels of Export Earnings in Bangladesh</a> appeared first on <a
href="https://thearabianpost.com">Arabian Post</a>.</p>
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