Bangladesh to abandon 8 projects under Indian credit

[harpoon]

India itself is a Kangalstan and not Hindustan. We will help India out of its dire poverty. Learn from our achievements in social developments.

Biggest achievement of BD..to become one of the most densely packed countries...sorry no thanks.

 

[Dalai Lama]

And you won because of our support.

Other way around, you won because of our support - whether it was through official intervention or through covert support.

Providing weapons/training etc. Pakistanis and ex-Pakistanis always bring this point up when they're trying to accuse us of "sponsoring terrorism".

 

[Kesang]

Biggest achievement of BD..to become one of the most densely packed countries...sorry no thanks.

I think that he is talking about their largest export product.


REFUGEES

 

[anonymus]

So far Bangladesh has not yet received a single dollar from Indian credit line, that was so hyped up by the Indians: big DADA India is helping small BD India is a disgrace and a shame to the world. It is such a self-centered country! We just cannot like India.

Well that's because you were not supposed to receive even a single penny of that credit line.You seem to have a misconception regarding what credit line is and how it works.

The credit line of $1bn extended by India to Bangladesh means that when Bangladesh buys some Indian good then Bangladesh or it's businessman won't have to pay for that good immediately.Instead that payment would be made by EXIM bank of India to the company from which that good is bought and Bangladeshi businessman could pay to EXIM bank later when he/she generates revenue from sale.This guarantee improves business as Indian businessman can sell to Banglas without having to worry about default whose risk is covered by government and bangladesh could take projects even when it does not have immediate capacity to pay.

A Credit line is a type of loan but it is not exactly a loan of capital but of resources else it would have been called a loan rather than credit line

 

[TopCat]

Biggest achievement of BD..to become one of the most densely packed countries...sorry no thanks.

Bangladesh was and always the most densely packed country since the time of stone ages. That is nt the achievement but the achievent is that, how well we managed it... May be shifting some of your brain muscle in the frontal section would help understing things better..

 

[Dalai Lama]

Three thanks. Lmfao.. For making fun of raped women, that is too your hindu sisters. Thank us we revolted to save them.....

Those "hindu sisters" are your own country's nationals, not ours.

 

[Kesang]

Well that's because you were not supposed to receive even a single penny of that credit line.You seem to have a misconception regarding what credit line is and how it works.

The credit line of $1bn extended by India to Bangladesh means that when Bangladesh buys some Indian good then Bangladesh or it's businessman won't have to pay for that good immediately.Instead that payment would be made by EXIM bank of India to the company from which that good is bought and Bangladeshi businessman could pay to EXIM bank later when he/she generates revenue from sale.This guarantee improves business as Indian businessman can sell to Banglas without having to worry about default whose risk is covered by government and bangladesh could take projects even when it does not have immediate capacity to pay.

A Credit line is a type of loan but it is not exactly a loan of capital but of resources else it would have been called a loan rather than credit line

Bro,

they can't understand you language. Stop wasting your costly time and knowledge on them. Bhase k samnay bin bajanay say kiya fayda

 

[Zabaniyah]

The thread was going in a right direction until a BD member started hating !!
The chhinese imports local labourers into the countries they give credit eg is pakistan !!
Now i dont think y u r indifferent to indian credit which has the same agreement !!
It is called hypocricy

Why blame on the Chinese? They are different. And not once did Bangladesh ever complain about attached strings to Chinese loans. Or any loan from any country for that matter.

Let me ask you: Why force us to buy materials and source jobs from India even though they are easily available in Bangladesh? It's common sense. In fact, it delivered little or no value.

Other way around, you won because of our support - whether it was through official intervention or through covert support.

Providing weapons/training etc. Pakistanis and ex-Pakistanis always bring this point up when they're trying to accuse us of "sponsoring terrorism".

It worked both ways. If you didn't have our support, you wouldn't even be there in the first place. But that was inevitable considering the actions of the West Pakistanis. The refugees, and covert operations were there for a reason.

Look at it this, you easily had an advancing army into enemy territory unhindered due to local support. Now, if the locals did oppose you, you would've had a hard time getting there.

I think we are going off-topic here.

 

[harpoon]

Bangladesh was and always the most densely packed country since the time of stone ages. That is nt the achievement but the achievent is that, how well we managed it... May be shifting some of your brain muscle in the frontal section would help understing things better..

Yeah by exporting them..mostly to India.

 

[cyphercide]

Pray,Where's the confusion? The loan will be disbursed as and when Bangladesh adheres to the stipulated agreement which is by employing Indian resources.BD must realize that we are under no moral obligations to redress their interests as it is primarily our investment.We see protectionism wielded by Bangladesh imposed on our firms and services as well so I fail to understand the chest-beatings doing the rounds in here.Or is it that BD members think only Bangladesh is entitled to play it shrewd ?

To sum up,we will determine the preconditions on the money we provide.You can either take it or leave it as you deem fit.Just don't play victim over the proceedings,it's kinda getting stale.

 

[illusion8]

Why does any BD related thread goes south.

It worked both ways. If you didn't have our support, you wouldn't even be there in the first place. But that was inevitable considering the actions of the West Pakistanis. The refugees, and covert operations were there for a reason.

There was a vast difference with what you did and what India did, your fight would be termed as a civil war, It became an international war when India entered into the fray. The entire risk was with India. The situation would have escalated into something much bigger, you should appreciate that we took the risk for you in this regards endangering ourselves.

 

[TopCat]

Well that's because you were not supposed to receive even a single penny of that credit line.You seem to have a misconception regarding what credit line is and how it works.

The credit line of $1bn extended by India to Bangladesh means that when Bangladesh buys some Indian good then Bangladesh or it's businessman won't have to pay for that good immediately.Instead that payment would be made by EXIM bank of India to the company from which that good is bought and Bangladeshi businessman could pay to EXIM bank later when he/she generates revenue from sale.This guarantee improves business as Indian businessman can sell to Banglas without having to worry about default whose risk is covered by government and bangladesh could take projects even when it does not have immediate capacity to pay.

A Credit line is a type of loan but it is not exactly a loan of capital but of resources else it would have been called a loan rather than credit line

You are trying to equate indian loan wth Chinses suppliers credit. No we did not take the supplier credit from India. India outright declared that it will extend 1 billion dollar loan to BD while Hasinas visit. Later they said they will not pay in dollar. Then they said you have the loan but you got to buy everything from India so that India will not have to pay dollar to the third party as India does not have dollars. Then again when it comes to project implementation, as we have to bring everything from India, we invited only indian suppliers to participate in the tender. Now, we bumped into another problem, as not everthing is available in India, and if available then overpriced.

Now to clear your confusion, we always take suppliers credit from China. The company which is interested to bid in any of our projects first need to win the tender through international tender. While they win it we ask Chinese government to extend loan or the company itself provide with loan. These are sea difference than what India is trying to achieve.

Thanks and take back your loan or credit or whatever. IN MMS visit to Bangladesh he again offered another billion but we refused. NO NEED.

 

[Dalai Lama]

It worked both ways. If you didn't have our support, you wouldn't even be there in the first place. But that was inevitable considering the actions of the West Pakistanis. The refugees, and covert operations were there for a reason.

Look at it this, you easily had an advancing army into enemy territory unhindered due to local support. Now, if the locals did oppose you, you would've had a hard time getting there.

I think we are going off-topic here.

So basically... we had your support. And why exactly was that again? Was it India that "needed" to be in Bangladesh or was it Bangladesh that needed help? Answer that and then maybe save your jingoism about how you helped us 'cos it clearly wasn't India that needed any help.

PS: We didn't need to be there, we just wanted to.

 

[Zabaniyah]

Yeah by exporting them..mostly to India.

Most of them go to the Middle East:

So basically... we had your support. And why exactly was that again? Was it India that "needed" to be in Bangladesh or was it Bangladesh that needed help? Answer that and then maybe save your jingoism about how you helped us 'cos it clearly wasn't India that needed any help.

PS: We didn't need to be there, we just wanted to.

India's goals and our goals were different. They simply complemented one another.

Are you sure that there was no need for India to be involved? So it just merely felt like getting into a war? Trust me, they did it out of need. And it was justified.

Don't see how my post is jingoistic

 

[harpoon]

Why blame on the Chinese? They are different. And not once did Bangladesh ever complain about attached strings to Chinese loans. Or any loan from any country for that matter.

Let me ask you: Why force us to buy materials and source jobs from India even though they are easily available in Bangladesh? It's common sense. In fact, it delivered little or no value.

Refer post# 34

It worked both ways. If you didn't have our support, you wouldn't even be there in the first place. But that was inevitable considering the actions of the West Pakistanis. The refugees, and covert operations were there for a reason.

Look at it this, you easily had an advancing army into enemy territory unhindered due to local support. Now, if the locals did oppose you, you would've had a hard time getting there.

I think we are going off-topic here.

I am not going to deny that IA had the favorable terrain in East Pakistan..but you are forgetting that bulk of the fighting took place in the West with IA holding off a much powerful PA while at the same time keeping an eye on China & US and there was no Mukti Bahini in the West to help us.

---------- Post added at 10:55 PM ---------- Previous post was at 10:54 PM ----------

Most of them go to the Middle East:

There is no visa stamping for illegal migrants.