Home Today's Paper Most Popular Video Gallery Photo Gallery
Subscription Blog Signin Register
Logo
Friday, April 27, 2018 10:25:58 AM
Follow Us On: Facebook Twitter Twitter Twitter Twitter

Strengthening ties with Sri Lanka for mutual gains

By
15th-Jul-2017       
Comments
Share your thought
Post a comment »
Read all () »

BANGLADESH and Sri Lanka agreed to enter into a free trade regime by this year.The two countries reached the decision during official talks between Sri Lankan President Maithripala Sirisena and Bangladesh Prime Minister Sheikh Hasina in Dhaka yesterday.
The Foreign Secretary said both countries decided to complete all negotiations and studies in this regard as soon as possible to make way for the FTA, which will be the first such agreement of Bangladesh with any country.The Foreign Secretary said the meeting, held in a very cordial atmosphere, mainly focused on trade, investment and agriculture, as per media reports.
He said out of 14 instruments signed between the two countries seven are on trade and investment and agriculture. Sri Lanka is keen to learn from the success of Bangladesh in agricultural sector to bring revolution in seed production. He said the instruments and a joint statement of the two countries has given a framework to the relation of the two countries. The joint statement has reflected the vision of the two countries to strengthen trade relation as well as political relation, he said.
At the same time, the Foreign Secretary said, the two countries have found a strong possibility of collaboration in higher education as a large number of Sri Lankan students are studying in Bangladesh particularly in the area of medicine. The Foreign Secretary said the Sri Lankan President termed this visit a historic saying it would embark a new journey in the bilateral relations of the two countries. The agreement of visa waiver for the diplomatic and official passport holders is a big achievement of the high level visit, as per the Foreign Secretary's statement.
While the Free Trade Agreement is historic one must look into the overall context--total trade flows between the two friendly nations was only USD 148 million in 2016 - barely 1/560th of our total trade flows. But the potential for it to improve rapidly can only improve if the FTA is negotiated to enhance both our nations advantages in making products.
Nonetheless it is a start - our mutual trade has increased over three-fold in only six years and the potential for it to increase even further is a good sign. However, we must also look into the high presence of Sri Lankan nationals in our RMG industries and reduce the scope for illegal employment. Sri Lanka must promise to reduce such migration in order to give greater scope to our neighbours. Instead we could look into providing proper training for our unskilled workers to give them greater scope to work here.
It is a good thing that we are building up trust with our neighbours - Bangladesh recently gave Myanmar USD 5 lakh to make shelters for the Rohingya. Such peace building initiatives with our friendly neighbours can go a long way to balance the hegemony of our bigger neighbours. In the world of realpolitik, it is every nation for themselves. It is time that we considered our nations interests first.

Tariff
Add Rate

News Archive

Inside The New Nation

Editorial »

Corruption becomes organisational


THE investigation teams of Anti-Corruption Commission (ACC) have got evidence about large-scale financial corruptions in 10 government organizations where the Roads and Highways Department topped the list. Second and third positions have been acquired by education and health sectors consecutively. Others are Land, Public Works Department, Chattogram Port Authority, Land ...

Sports »

Bangladesh Army Area Commander Headquarter logistic area Mejor General Ataul Hakim Sarwar Hasan giving away champoins trophy to the Tenth Infantry Division of Bangladesh Army team,who became Champions of the Bangladesh Army Watersports at Army Swimming Complex at Banani in the city on Thursday.


Entertainment »

Ankhi Alamgir busy with stage shows


Entertainment Report :Ankhi Alamgir is such a popular singer who has to be engaged with stage shows round the year at home and abroad. On April 14, 15 and 19 she took part in three countries - Paris, Vienna and Oman respectively with the invitation from expatriate Bangladeshis there. After ...

City »

BNP Secretary General Mirza Fakhrul Islam Alamgir, among others, at a discussion organised by `Sammilita Bouddha Nagorik` at the Jatiya Press Club on Thursday demanding release of the party Chairperson Begum Khaleda Zia.


Weekend Plus »

Myths, tips for healthy hair in summer


Weekend Plus Desk :Summer can bring in several hair woes. From using right serum to brushing in a proper way, experts say there are easy ways to tame your mane.Arpit Jain, founder and Managing Director of Auraine Botanicals, suggests tips to keep your hair healthy:* Hair serum: Always apply hair ...

International »

India-China summit expected to ease tensions over border


AP, New Delhi :Indian Prime Minister Narendra Modi is meeting this week with Chinese President Xi Jinping, a visit that some experts believe could reset a complicated relationship that faced several tests last year, including a tense border standoff.The meeting between the leaders of the world's two most populous nations ...

Editorial »

Stop women harassment on running buses


A DHAKA court on Tuesday placed three staffers including driver of a Turag Paribahan bus in a case filed over sexually harassing a private university female student in the running bus on her way to campus. According to the case statement, on April 21, the girl boarded the bus on ...

International »

Trump, Russia and China media attacks `threaten democracy`


AFP, Paris :Press freedom around the world is under threat from a triple whammy of US President Donald Trump, Russia and China's bid to crush all dissent, a watchdog said Wednesday.Reporters Without Borders (RSF) warned that a "climate of hatred and animosity" towards journalists combined with growing attempts to control ...

Football »

Liverpool`s Mohamed Salah celebrates with teammates after scoring his side's opening goal during the Champions League semifinal, first leg, soccer match between Liverpool and Roma at Anfield Stadium in Liverpool, England on Tuesday.


Entertainment »

Yami hopes to help kids, one book at a time


Yami Gautam, actress of the upcoming Batti Gul and Uri posted on her social media that she has just supported and donated towards setting up a library for under privileged kids in Kohlapur, Maharashtra. Her donation will help over 400 children in the area to read, learn and imagine. The ...

City »

Human rights activist Dr Hamida Hossain, among others, at a seminar on 'Socio-economic Development of Dalit Women in Bangladesh and National Budget' organised by different organisations in CIRDAP Auditorium in the city on Wednesday.


Football »

Members of Dhaka Abahani Limited during their practice session at the Abahani Ground on Tuesday.


Sports »

Senior Operative Director (Head of Games & Sports Department) of Walton Group FM Iqbal Bin Anwar Dawn (second from left) speaking at a press conference at the Club House in Army Golf Club on Tuesday.


Entertainment »

Sonam to quit Bollywood!


Sonam Kapoor's wedding has been one of the most talked about topics of discussion in the industry. A lot of speculations are being made about Sonam-Anand's wedding. Recent reports suggested that Sonam will be shifting to London post her wedding with Anand.These speculations even gave rise to rumours that Sonam ...

Editorial »

Police must not feel free to abuse police power against police discipline


A MOTORCYCLE was stolen from in front of a high police official's residence last week. Motorbikes are the easiest target for thieves. They either stealthily take away the bikes or stop the riders at night and snatch away their bikes. Sometimes, the bikers are knifed or beaten up. Last year, ...

 
Items that you save may be read at any time on your computer, iPad, iPhone or Android devices.
 
Are you new to our website? Do you have already an account at our website?
Create An Account Log in here
Email this news to a friend or like someone
Email:
Write a comment to this news