@Nilgiri .
old habits die hard.
there are many other threads and forums where u r required.
like moth to a flame
Please tag me in these other threads sirjee.
The trade deficit with India is falling as the Indians are now lowering tariffs. It should fall by another billion or two by 2020. Either India keeps lowering tariffs even further or Awami League stops co-operation in some critical fields. Both BD and India are mutually benefitting from this relationship.
We havent lowered tariffs anywhere, what are you smoking lol.
BD exports to India in 2012 were 570 million and it imported 4.9 billion USD (4.3 billion deficit)
The figures for 2015 were 640 million and 5.5 billion USD. (4.9 billion deficit)
Going back to year 2000, the figures were 89 million and 780 million. (about 700 million dollar deficit)
You tell me who has benefited the most here?
And this is not tribute as India is the best seller for the products and services that BD is getting. Things that India is not competitive in like power plants generally go to other countries.
What we lack in liquidity, we make up in soft power. Tell me how much Chinese and Japanese TV shows BD people watch and are influenced by (especially the women folk). Can you really put a dollar amount on that?
How many BD tourists visit China and Japan? How much money do they spend over there? I am all ears.
If India is extracting tribute from BD then why any need to give billions of dollars in low interest loans- actually since the interest Is lower than inflation India will be making a loss on the loan, and give hundreds of millions in outright grants?
How much is the interest rate on these loans? You do realise principal+interest gets compounded as well? India can expect to profit handsomely.
Interest rate on these loans has to be compared to domestic interest rate in India (i.e what would the principal earn in BD compared to what it would earn sitting in an Indian bank)....not the inflation rate silly. Inflation rate affects every piece of currency equally no matter where it is.
Read up some economics 101 please.
Tens of billions of US dollars of Chinese infrastructure investments are flowing into BD as we speak so please give up any pretence that China will ever allow you to try to control BD. These massive loans will mean that China is in BD to stay for the long-term.
Miniscule amounts when you factor in time period....not to mention factoring in how low BD consumption is per capita of anything.
There's a reason why BD has junk level credit rating and can only get loans from liquidity and overcapacity ridden China (which needs to burn cash much more rather than make sound investments).....and that too only relatively measly amounts. I mean the FDI is pathetic for a reason too.
Anyway BD will probably run into a debt trap (even with these small puny loans) since you have no significant production of anything with good GVA. Just give it a few years time.
What is your point? That it is ok to finance/train/arm terrorists in the neighboring countries to attack schools, buses, hospitals, funerals, churches, mosques etc etc?
Because this is what India has been doing shamelessly for the last half century in the region. LTTE, Mutki Bahini, BLA, TTP etc.
So now grow a pair and stop playing the victim card about few hits you are taking from home grown terrorists.
Yes your dossier on BLA and TTP was accepted so readily by everyone you presented it to.
Tell me, has there been a word of support on your assertions regarding these two from your all weather friend even?
