Bangladesh’s dependence on India, China may increase if western pressure continues

[Black_cats]

Bangladesh’s dependence on India, China may increase if western pressure continues​

United news of Bangladesh . Dhaka | Published: 17:54, Oct 21,2023

Bangladesh’s dependence on India and China will increase if the United States and potentially other Western countries go for further pressure and sanctions, such as visa bans on top officials, the International Crisis Group has said.

‘It could also cause the government to increase its dependence on India and China, as the United States (and potentially other Western countries) will probably respond with sanctions, such as visa bans on top officials,’ according to the October 2023-March 2024 edition of On the Horizon report of the Crisis Group.

The International Crisis Group is an independent organisation working to prevent wars and shape policies aiming for a more peaceful world.

Bangladesh Nationalist Party has declared October 28 for a movement to topple the government and the ruling party Awami League says BNP’s downfall will start on that day.

So far, a peaceful atmosphere prevails in the country.

A disputed election can trigger fierce anti-government protests, according to the International Crisis Group.

Election-related activities, such as campaigning and voting, could become flashpoints for violent attacks; spillover could also increase from restive states in India’s northeast, it said.

The Crisis Group mentioned that Bangladesh might witness a high-stakes and potentially violent election in January 2024.

It also said that the ruling Awami League was expected to ignore calls for it to step down and hand power to a caretaker government that would oversee the election.

According to the crisis group’s report rival supporters could clash in street battles or attack party offices or candidates.

It also said that Islamist groups could become more active in opposing the government.

Facing the prospect of disputed polls, the opposition would probably boycott the elections and could become radicalised, adopting more violent tactics, the Crisis Group said.

Lack of hope, insecurity and poverty threaten to create a vicious cycle in which desperate Rohingyas — particularly young men — could join criminal gangs and armed groups, further fuelling the violence, it added.

Bangladesh’s dependence on India, China may increase if western pressure continues

International Crisis Group said that Bangladesh’s dependence on India and China would increase if the United States and Western countries continued their pressure...

www.newagebd.net

 

[IndianLite]

Bangladesh’s dependence on India, China may increase if western pressure continues​

United news of Bangladesh . Dhaka | Published: 17:54, Oct 21,2023

Bangladesh’s dependence on India and China will increase if the United States and potentially other Western countries go for further pressure and sanctions, such as visa bans on top officials, the International Crisis Group has said.

‘It could also cause the government to increase its dependence on India and China, as the United States (and potentially other Western countries) will probably respond with sanctions, such as visa bans on top officials,’ according to the October 2023-March 2024 edition of On the Horizon report of the Crisis Group.

The International Crisis Group is an independent organisation working to prevent wars and shape policies aiming for a more peaceful world.

Bangladesh Nationalist Party has declared October 28 for a movement to topple the government and the ruling party Awami League says BNP’s downfall will start on that day.

So far, a peaceful atmosphere prevails in the country.

A disputed election can trigger fierce anti-government protests, according to the International Crisis Group.

Election-related activities, such as campaigning and voting, could become flashpoints for violent attacks; spillover could also increase from restive states in India’s northeast, it said.

The Crisis Group mentioned that Bangladesh might witness a high-stakes and potentially violent election in January 2024.

It also said that the ruling Awami League was expected to ignore calls for it to step down and hand power to a caretaker government that would oversee the election.

According to the crisis group’s report rival supporters could clash in street battles or attack party offices or candidates.

It also said that Islamist groups could become more active in opposing the government.

Facing the prospect of disputed polls, the opposition would probably boycott the elections and could become radicalised, adopting more violent tactics, the Crisis Group said.

Lack of hope, insecurity and poverty threaten to create a vicious cycle in which desperate Rohingyas — particularly young men — could join criminal gangs and armed groups, further fuelling the violence, it added.

Bangladesh’s dependence on India, China may increase if western pressure continues

International Crisis Group said that Bangladesh’s dependence on India and China would increase if the United States and Western countries continued their pressure...

www.newagebd.net

India is too backward and divisive to be a support.

Bangladesh will increasingly be dependent on China. And that’s a good thing.

 

[saif]

India is too backward and divisive to be a support.

Bangladesh will increasingly be dependent on China. And that’s a good thing.

I agree with you 100%. China rules

 

[@blue Ocean]

India is too backward and divisive to be a support.

Bangladesh will increasingly be dependent on China. And that’s a good thing.

Your friendly country China extends loans with an annual interest rate of 3% or above. Japan's interest rate for Dhaka Metro is only 0.65% per year. Korea may be a little higher than this.

 

[saif]

After the graduation from LDC, Japan won't give us soft loans anymore. It will be commercial loans.

 

[IndianLite]

Your friendly country China extends loans with an annual interest rate of 3% or above. Japan's interest rate for Dhaka Metro is only 0.65% per year. Korea may be a little higher than this.

3% interest is a bargain given dollar inflation is at 5%.

Japan’s 0.65% interest is great but they will only lend small amounts at that rate!

So, again! It’s misleading crap.

After the graduation from LDC, Japan won't give us soft loans anymore. It will be commercial loans.

The key thing is that they only lend a couple of billions a year at that rate!

 

[saif]

The key thing is that they only lend a couple of billions a year at that rate!

You are right

 

[IndianLite]

You are right

Olpo Shikka is deadly.

He peddles the 0.65% rate.

He has never clocked that BD is limited to a couple of billions at that rate.

When people ask what’s the difference between a great education and Bangladeshi education?

Here’s your answer!!!

 

[@blue Ocean]

3% interest is a bargain given dollar inflation is at 5%. Other countries extend loans at a much lower rate than China.

Japan’s 0.65% interest is great but they will only lend small amounts at that rate!

So, again! It’s misleading crap.



The key thing is that they only lend a couple of billions a year at that rate!

Why do you have to glorify 3% interest rate by citing unfounded dollar inflation?

People should know or learn about national economic matters before vomiting ignorance all the time.

You will remain as ignorant as @bananarepublic. People grow up and love their country. You do not grow up and love only your political BAL party.

 

[IndianLite]

Why do you have to glorify 3% interest rate by citing unfounded dollar inflation?

People should know or learn about national economic matters before vomiting ignorance all the time.

You will remain as ignorant as @bananarepublic. People grow up and love their country. You do not grow up and love only your political BAL party.

It’s clear from your rantings that you know bugger all about economics!

You pointed at Japan’s 0.65% interest rate but are ignorant of the fact that - they will only lend a couple of billions a year at that rate.


When inflation for basic commodities is at double digits - 3% interest rate is a bargain.

Bangladesh needs 10s of billions dollars in investment and China lends at half the rate of commercial lenders.

 

[@blue Ocean]

It’s clear from your rantings that you know bugger all about economics!

You pointed at Japan’s 0.65% interest rate but are ignorant of the fact that - they will only lend a couple of billions a year at that rate.


When inflation for basic commodities is at double digits - 3% interest rate is a bargain.

Bangladesh needs 10s of billions dollars in investment and China lends at half the rate of commercial lenders.

Just shut your idiotic mouth up. You are just an ignorant BAL monkey roaming the streets.

We all know what a person is when he makes personal attacks after losing a debate.

You need reprimanding. In my case I learn from others. But, you are a big asshole without anything that I can learn from.

 

[saif]

To some fake Japanese, learning from others mean using abusive language against other posting members of PDF

 

[IndianLite]

To some fake Japanese, learning from others mean using abusive language against other posting members of PDF

He is not fake Japanese.

He is just another poorly educated migrant labourer in a foreign land.

In order to gain knowledge - you have to be proficient in one of the major European languages, Chinese or Japanese.

All Nobel prize winners speak one of those languages.

If you are not proficient in one of those classic languages - you rely on poor translations and biased works.

And the lack of original thought sticks out like a monkey’s fully erect penis!!

 

[saif]

He is just another poorly educated migrant labourer in a foreign land.

Agreed

 

[StraightEdge]

Garment factory has been a success story, BD needs to find other ways and also more sustainable method to generate employment. Being dependent on 1 sector is risky.