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Bangladesh Ship purchase deal with Pakistan cancelled after 34 years

punch2000

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The government has cancelled an agreement on purchasing two container ships worth $50 million from Pakistan for the Bangladesh Shipping Corporation after 34 years of signing the agreement as Pakistan failed to supply the ships.

The assistant secretary of the corporation under the shipping ministry Md Bashir Uddin sent a letter in this regard to 11 relevant ministries and departments on 8 February this year.

The government decided to cancel the agreement on 6 January this year in a cabinet meeting, the letter mentioned.

In the letter, it was mentioned that the government signed an agreement with Pakistan to purchase two container ships and other equipment worth $50 million on 13 October 1988. According to the agreement, the Pakistan government paid the Karachi Shipyard $17.85 million. As there was an allegation of corruption regarding the ship purchase, it was decided to cancel the agreement in a meeting of the advisory council on 20 January 1991.
A decision to purchase other Pakistani commodities worth the same amount instead of the ships was taken in a cabinet meeting on 15 November 1993.

But the shipping ministry informed the economic relations division on 7 August 1995 that there is no need to purchase other commodities from Pakistan with the same amount of money for the BSC except for the ships.
When asked why it took 34 years to cancel the agreement as per the cabinet division decision, Bashir Uddin of the BSC told The Business Standard that he was unaware of the matter.
 
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@punch2000, you should include in the thread title the indication that this news is about Bangladesh and not about Afghanistan or Nepal or Sri Lanka. Ideally like "Bangladesh - [ content ]". You can do it now.
 
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It's a bigger failure of Bangladesh, as they waited 34 years for nothing 🤣🤣
 
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Should have penalized the builder for wasting time.
 
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All Imran Khan's fault. He could have run for office in the 90's and sort out the deal but chose not to. Instead he wasted time winning world cup.
 
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Any such category in Guinness Book of World Records?
If yes, IMO, it will make entry into that category.
 
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Bhutto nain kisi qabil nai chorha hamain. May he rot in hell. Aameen.
bhutto can live in hell permanently but this order came 2 months after zia saabs death. Why a decade of golden islamic rule couldnt do anything about incompetence?
 
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bhutto can live in hell permanently but this order came 2 months after zia saabs death. Why a decade of golden islamic rule couldnt do anything about incompetence?
The reason were those Karachi and faisalabad based industrialists who were ruined by bhutto orders in one night. And then no govt tried to undo those things. And Quota system, that paralyses a huge urban population of Sindh is still in-effect. Zia and nawaz just saved their chairs.
 
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