Myanmar agrees with Asian Highway plan

[M_Saint]

such is the way government works..unfinished job of previous government is taken up by the later...did you expect it to be other way around???

Being aware of the earlist protocol of Brahmmins, neediness was nowhere to get lesson from their disciples. And God Almighty would definitely forgive Chinese for giving bloody nose to 1962's Shivagis. Now find a different trail as BD's golden eggs are only for good-world- inhabitants but not for Indians.

 

[eastwatch]

Yangon agrees on tri-nation highway

I think the title of the bdnews.24 and this thread is quite misleading. But, the title in the Daily Star, as it is shown above, is correct. It is basically a three-country highway and these countries are asian. But, asian highway is a separate project that involves many other countries.

Anyway, it is really a good news that the Burmese Junta has finally accepted the connectivity road. It will be the key to the development of the entire region when considered jointly with the building of deep seaport in CXBZR.

BD will become a center of many of the economic activities, not only of the three countries, but also the region that comprises Indian NE, Bhutan and Nepal. I wish this dream project come true in a few years time.

 

[eastwatch]

In 2-3 years time, Pragoti will be producing and exporting cars, if i read the article properly....and hence its quite obvious that India will be the first preference for steel import....
Cheers!!!

I do not know who is now controlling Pragoti. But, if it is our beloved BD govt's highly intelligent and brilliant bureaucrats, then you may forget any bright future for this industry.

 

[eastwatch]

Progoti will be assembling and 300/500 cars a year. But Tegaz will be building cars from scratch on a 300 acre factory in Kishoreganj.
Tata is also setting up factory in Kishoreganj near Bhairab.

BD imports more than 36,000 vehicles from Japan every year. So, when I read some company will be assembling 300/500 cars a year, I have to say they are for a picnic only. BD car industry should find ways to do tie-ups with Japanese companies.

If today the roads were adequate, BD economy would have consumed more than 100,000 vehicles per year, quite a few of which will be commercial vehicles. Future demand will keep on increasing. So, small factories cannot probably compete even with imported used cars.

 

[eastwatch]

Everybody planning for a car manufacturing in BD having an eye in Indian market.

However, Indian govt will discourage imports of motor vehicles by imposing heavy duties and taxes on them. So, the prospect of exporting cars to Indian market may not be that rosy. Today, the GoI does not even allow imports of garments from BD. BD will have to depend upon its own market, which will certainly keep on expanding.

 

[TopCat]

However, Indian govt will discourage imports of motor vehicles by imposing heavy duties and taxes on them. So, the prospect of exporting cars to Indian market may not be that rosy. Today, the GoI does not even allow imports of garments from BD. BD will have to depend upon its own market, which will certainly keep on expanding.

International trade is always a tug of war. European and Americans even Japanese are always in a loggerhead when it comes to tariff and trade. I am sure once BD car industries are up and running we will be in a trade war with India. India might want us to remove the tariff on their Tata car which is a legitimate demand but we can always do that if knew that our industry could take on Tata head on. Its all about survival of the fittest.

 

[akash57]

This is great news! Can't wait to see the fruits of this project!

 

[eastwatch]

International trade is always a tug of war. European and Americans even Japanese are always in a loggerhead when it comes to tariff and trade. I am sure once BD car industries are up and running we will be in a trade war with India.

India might want us to remove the tariff on their Tata car which is a legitimate demand but we can always do that if knew that our industry could take on Tata head on. Its all about survival of the fittest.

A country cannot impose one type of duty on the products of one country, and then impose another set of duty on similar product of another country. Whatever may be the duty to an India-made car, it is same also with Japanese cars.

In case of cars, the main base of duty is its engine size in cc. So, BD cannot remove or even reduce duties on TATA cars only. Heavy duty earns money for the govt coffer. It also discourages import and encourages to build production bases in BD land.

 

[eastwatch]

This is great news! Can't wait to see the fruits of this project!

You will still remain very very young when the three country highway as well as CTG deep seaport are completed in the next 8 to10 years. Construction of both the projects must undergo side by side, so that both can be commissioned at the same time.

 

[CardSharp]

International trade is always a tug of war. European and Americans even Japanese are always in a loggerhead when it comes to tariff and trade. I am sure once BD car industries are up and running we will be in a trade war with India. India might want us to remove the tariff on their Tata car which is a legitimate demand but we can always do that if knew that our industry could take on Tata head on. Its all about survival of the fittest.

BD should do what the Chinese do, not allow foreign competition into a certain markets (ie wireless, internet provider etc) until a viable domestic company is ready to compete. Too many times, developing countries have let western companies dominate a certain market and take away all the power in negotiating trade. (after all the foreigners can just threaten to pull out and hurt the economy)

 

[nForce]

Being aware of the earlist protocol of Brahmmins, neediness was nowhere to get lesson from their disciples. And God Almighty would definitely forgive Chinese for giving bloody nose to 1962's Shivagis. Now find a different trail as BD's golden eggs are only for good-world- inhabitants but not for Indians.

Now where did that come from??? Government,Brahmin....God Almighty...Chinese...India..BD.....??!!!What exactly are you trying to say??At first think clearly,write it down on a piece of paper,do a scrutiny,and then post.....

 

[InPhilTraitor]

A country cannot impose one type of duty on the products of one country, and then impose another set of duty on similar product of another country. Whatever may be the duty to an India-made car, it is same also with Japanese cars.

In case of cars, the main base of duty is its engine size in cc. So, BD cannot remove or even reduce duties on TATA cars only. Heavy duty earns money for the govt coffer. It also discourages import and encourages to build production bases in BD land.

Not true, if your country has a trade agreement with other country, certainly the tariffs will vary.

Building cars in Bangladesh if for domestic consumption is OK idea, but Bangladesh is surrounded by Economic car manufacturing hubs of India and Thailand, so it is not a big export oriented business.

 

[TopCat]

Not true, if your country has a trade agreement with other country, certainly the tariffs will vary.

Building cars in Bangladesh if for domestic consumption is OK idea, but Bangladesh is surrounded by Economic car manufacturing hubs of India and Thailand, so it is not a big export oriented business.

All our industry is export oriented. We have a small domestic market.

 

[nForce]

All our industry is export oriented. We have a small domestic market.

Total export of Bangladesh: $18.36 billion (2009-2010)

Total import of Bangladesh: $20.205 billion (2008)

 

[TopCat]

A country cannot impose one type of duty on the products of one country, and then impose another set of duty on similar product of another country. Whatever may be the duty to an India-made car, it is same also with Japanese cars.

In case of cars, the main base of duty is its engine size in cc. So, BD cannot remove or even reduce duties on TATA cars only. Heavy duty earns money for the govt coffer. It also discourages import and encourages to build production bases in BD land.

Under WTO you can sign FTA with another or group of countries. You can also reduce reciprocal tariff with restriction under WTO.