North-East pins hope on free trade with Bangladesh to boost its economy

[BananaRepublicUK]

@UKBengali you strike again. And your idiotic detractors eat Dhakaya pantha baath again.

North east will be incorporated into Bangladesh’s internal market economy. Providing us with cheap raw materials and we will sell them processed food and mid level consumer goods.

India in return, will sell us high ticket items (cheap tractors, trucks, buses etc) and get the seven sisters out of poverty.

Bangladesh should export about 10 billion and India about 50 billion. Making it one of the biggest trading area in the world.

Brilliant win, win, bargain for both.

Only unhinged haters would oppose this!!!

@EasyNow
@SoulSpokesman

North-East pins hope on free trade with Bangladesh to boost its economy

%%title%% The Comprehensive Economic Partnership Agreement between India and Bangladesh is likely to be inked during the two-day visit of Bangladesh commerce minister Tipu Munishi

thefederal.com

 

[Tom-tom]

@UKBengali you strike again. And your idiotic detractors eat Dhakaya pantha baath again.

North east will be incorporated into Bangladesh’s internal market economy. Providing us with cheap raw materials and we will sell them processed food and mid level consumer goods.

India in return, will sell us high ticket items (cheap tractors, trucks, buses etc) and get the seven sisters out of poverty.

Bangladesh should export about 10 billion and India about 50 billion. Making it one of the biggest trading area in the world.

Brilliant win, win, bargain for both.

Only unhinged haters would oppose this!!!

@EasyNow
@SoulSpokesman

North-East pins hope on free trade with Bangladesh to boost its economy

%%title%% The Comprehensive Economic Partnership Agreement between India and Bangladesh is likely to be inked during the two-day visit of Bangladesh commerce minister Tipu Munishi

thefederal.com

Why do we wanna their high value engineered product/machinery.


Bdesh should soon be looking at competing in that area.


No what we should get is, un-interfered and unadulterated hydro electric from Nepal and Bhutan.


This should give us enough energy neednto make our industries grow. Higher the value engineered product it normally require more energy.

Bindian should stop messing with bdesh water it entitled to

 

[BananaRepublicUK]

Why do we wanna their high value engineered product/machinery.


Bdesh should soon be looking at competing in that area.


No what we should get is, un-interfered and unadulterated hydro electric from Nepal and Bhutan.


This should give us enough energy neednto make our industries grow. Higher the value engineered product it normally require more energy.

Bindian should stop messing with bdesh water it entitled to

Be realistic about what we can do and what we cannot do this decade.

Can do:

1. Absolutely dominate the garments trade, ensuring all our working age women are at work. Working women make better mothers than idle women.

2. Be a big player in the home appliances sector for the fastest growing region in the world.

3. Dominate low tech manufacturing like toys and Diwali tat.

4. Food processing hub for the north east.

5. Be a transport hub for northeast. E.g. they should use Osmany for international flights. Have bus and train links from the airport to their big cities.

What we cannot do:

1. Make commercial vehicles competitively. We just don’t have the scale even if we could muster the huge upfront investment.

2. Make a wide range of industrial machinery. We should probably pick 2-3. Starting with sewing machines would be fantastic.

3. Generate all our power needs cost effectively. Maybe in the 2030s once Rolls Royce masters mini nuclear power plants that cost 500 million pounds each.

4. Higher education. We must open it up to Indian players. We just do not have any decent teaching staff. I have met Bangladeshi English “Professors” in their 50s - whose English is worse than an Indian room service maid!!!! And I am insulting the maids here!!!

5. Produce enough food and raw materials. We must buy them from India as long as price is right.

Trade is about give and take that benefits both parties roughly equally. It’s done by each country focussing on stuff they are good at.

 

[Species]

Be realistic about what we can do and what we cannot do this decade.

Can do:

1. Absolutely dominate the garments trade, ensuring all our working age women are at work. Working women make better mothers than idle women.

2. Be a big player in the home appliances sector for the fastest growing region in the world.

3. Dominate low tech manufacturing like toys and Diwali tat.

4. Food processing hub for the north east.

5. Be a transport hub for northeast. E.g. they should use Osmany for international flights. Have bus and train links from the airport to their big cities.

What we cannot do:

1. Make commercial vehicles competitively. We just don’t have the scale even if we could muster the huge upfront investment.

2. Make a wide range of industrial machinery. We should probably pick 2-3. Starting with sewing machines would be fantastic.

3. Generate all our power needs cost effectively. Maybe in the 2030s once Rolls Royce masters mini nuclear power plants that cost 500 million pounds each.

4. Higher education. We must open it up to Indian players. We just do not have any decent teaching staff. I have met Bangladeshi English “Professors” in their 50s - whose English is worse than an Indian room service maids!!!! And I am insulting the maids here!!!

5. Produce enough food and raw materials. We must buy them from India as long as price is right.

Trade is about give and take that benefits both parties roughly equally. It’s done by each country focussing on stuff they are good at.

I have no doubt your suggestions are in India's best interests but it will only turn Bangladesh into a captive market. @Bilal9 have we really come to this point?

Bangladesh is not a tiny nation with a small population that can sustain with one/two specialized industries which is why everyone is calling for diversification. Besides, the comparative advantage we have right now in garments or other low-tech labor intensive industries will soon be lost to low-income African countries once the minimum wage increases. Firms will move towards capital-intensive industries and without a lack of base in those industries, we will soon experience capital flight and rising unemployment.

And I don't how someone would say "we can't do" when we have a large domestic market and a large talent pool. The problem is not lack of talent rather a lack of talent management.

 

[BananaRepublicUK]

I have no doubt your suggestions are in India's best interests but it will only turn Bangladesh into a captive market. @Bilal9 have we really come to this point?

Bangladesh is not a tiny nation with a small population that can sustain with one/two specialized industries which is why everyone is calling for diversification. Besides, the comparative advantage we have right now in garments or other low-tech labor intensive industries will soon be lost to low-income African countries once the minimum wage increases. Firms will move towards capital-intensive industries and without a lack of base in those industries, we will soon experience capital flight and rising unemployment.

And I don't how someone would say "we can't do" when we have a large domestic market and a large talent pool. The problem is not lack of talent rather a lack of talent management.

Try to look beyond your ego!

And try being realistic.

We are only at the bottom rung of textile presently. It will take this decade to move into the more lucrative end of the garments trade. Where the wages are triple the current rate.

It’s easy to say we should do this and that. Where is the money going to come from. Even if we could muster the skills gap of our poorly educated middle class.

We need to create millions of jobs this decade - simply cannot be done if we focus on high end manufacturing. Where each job costs upward of 500k dollars.

This is why a BNP/Jamat government scares me. I can see these idiots going on ego trips and trying to compete and rival India. We might as well rejoin Pakistan in that case!!

I want Sylheti humility not Dhakaya chest thumping.

@UKBengali
@EasyNow

Ps, Africa will not be taking any jobs this decade from Bangladesh. Even if the buggers stop constantly fighting each other - they lack the humongous amount of water needed in textiles.

 

[UKBengali]

Try to look beyond your ego!

And try being realistic.

We are only at the bottom rung of textile presently. It will take this decade to move into the more lucrative end of the garments trade. Where the wages are triple the current rate.

It’s easy to say we should do this and that. Where is the money going to come from. Even if we could muster the skills gap of our poorly educated middle class.

We need to create millions of jobs this decade - simply cannot be done if we focus on high end manufacturing. Where each job costs upward of 500k dollars.

This is why a BNP/Jamat government scares me. I can see these idiots going on ego trips and trying to compete and rival India. We might as well rejoin Pakistan in that case!!

I want Sylheti humility not Dhakaya chest thumping.

@UKBengali
@EasyNow

Ps, Africa will not be taking any jobs this decade from Bangladesh. Even if the buggers stop constantly fighting each other - they lack the humongous amount of water needed in textiles.

The lack of basic economics and geopolitical knowledge in these clowns is absolutely astounding!

Only around 2020 did China start losing market share in garments as their wages became too high and BD will not reach this level till 2035 at least.

BD is slowly moving up the ladder in textiles and is nowhere near where China and Tukey are now and so has a good 10-15 years minimum to build up other industries before it starts becoming uncompetitive in textiles.

They think it is so easy to take garment jobs away from BD when both India and Pakistan, that for all their faults are better places than Africa, have failed miserably.

Let India supply energy, raw materials, foodstuffs and some medium tech machinery/vehicles etc and BD will send textiles, home electronics and agro-processed products in return.

BD needs to consolidate itself in garments over this decade and keep building up its electronics, pharma and IT industries. It should not try to too do much in one go and other industries can be looked at next decade.

 

[BananaRepublicUK]

The lack of basic economics and geopolitical knowledge in these clowns is absolutely astounding!

Only around 2020 did China start losing market share in garments as their wages became too high and BD will not reach this level till 2035 at least.

BD is slowly moving up the ladder in textiles and is nowhere near where China and Tukey are now and so has a good 10-15 years minimum to build up other industries before it starts becoming uncompetitive in textiles.

They think it is so easy to take garment jobs away from BD when both India and Pakistan, that for all their faults are better places than Africa, have failed miserably.

Let India supply energy, raw materials, foodstuffs and some medium tech machinery/vehicles etc and BD will send textiles, home electronics and agro-processed products in return.

BD needs to consolidate itself in garments over this decade and keep building up its electronics, pharma and IT industries. It should not try to too do much in one go and other industries can be looked at next decade.

If the current BNP implement even 1% of the crazy stuff these PDF buffoons postulate - Bangladesh will be screwed!!!

There is a reason why Sylhet division is so much richer than the rest of BD. It is our moderation, humility and work ethic.

Our Sufi heritage makes us practical….

Rest of BD better catchup fast otherwise they will remain in the gutter.

 

[Bilal9]

I have no doubt your suggestions are in India's best interests but it will only turn Bangladesh into a captive market. @Bilal9 have we really come to this point?

I think you hit the nail right on the head.

These people here advocating CONVENIENT Bangladeshi industrialization prescriptions to preserve and help INDIAN INDUSTRY and EXPORTS TO BANGLADESH.

They are fifth columnists or false flagger Indians themselves who have little idea about the ACTUAL commercial and industrial scenario in Bangladesh.

Their prescriptions are supposed to help India remain a strategic industrial supplier to Bangladesh for the longer term and will only help Indian economy.

A nation of 170 Million (half the population of the United States) can certainly do better, even if we are a third or second world country. We have the size and chops of market strength and we can supply it internally - instead of allowing free flow of high/medium/low value addition Indian goods (sans tariff), like these jokers suggest.

We should selectively block Indian imports like light and heavy commercial vehicles as our market size/sophistication increases, and not be a convenient open market for these Indian products - like these Indians are suggesting.

Bangladesh will not be a den of producing low value addition items forever, that is already changing.

Garments will keep being a staple export item. But like China, we will be going into at least medium value addition items like motorcycle manufacturing and export - as well as going into maybe small three and four wheeler mini-truck assembly/export with CKD kits from China, this is already happening locally with import substitution. The problem is - low or no Bangladeshi tariffs on Indian imports in this sector (like in many other sectors) make it unprofitable to do this while Indians dump their excess production in our market.

Once tariffs on Indian imports are applied (like Indians apply tariff on our products, unlike China) then many more local investors will jump into local Bangladeshi assembly and manufacture of these medium-value-addition products.

Electronic appliances and things like laptops and tablets will go into higher sophistication products for at least internal supply and import substitution, Walton is just a start. Indians cannot compete with our products here.

What we ACTUALLY NEED TO DO FOR STARTERS is TARIFF THE HECK OUT OF INDIAN AUTO and HCV/LCV (Heavy and Light Commercial Vehicle) parts/assemblies and go into assembling our HCV/LCV's from Chinese or other non-Indian CKD kits. These Indians had free rein to sell their products in Bangladesh without tariff for too long thanks to AL support and their RAW agent INDIA-SHILL commerce ministry fifth columnists.

Sheyaler kacche Murgi dewar shamil.

Most Indian HCV/LCV suppliers are also military item suppliers to their ARMY, NAVY and AIR FORCE. On principle we should not support their exports in our market.

We should increase Tariffs on Indian trucks and buses (and their CKD kits) and become least dependent on any medium and high sophistication Indian product while they needlessly block our exports to their market on flimsy NTB pretexts. They know their business people cannot compete with our Bangladeshi exports to their market, so they place tariffs and NTB's ON EVERY SINGLE BANGLADESHI EXPORT.

Two can play at this game. First thing we need to do is remove this fifth columnist RAW agent commerce minister Tipu Munshi and his assistant Tapan Kanti Majumdar.

This bhakt Tipu Munshi is in India to negotiate "A planned CEPA with Bangladesh (which) could double India’s exports to its neighbouring country to over $32 billion."

MSN

Now I ASK you Bangladeshis - who does this idiot work for, Indians or us ? Indian Banyas are already licking their dirty chops at the prospects of minting money from Bangladesh. If Indians flood our markets, like this idiot commerce minister is allowing, how can we grow our own industry ??

If we give away $32 Billion every year to India (in addition to employing their people locally as India's 3rd/4th largest remitter) how will we keep any money in-house for our own development ??

How long can we keep Indian economy running at the expense of our own development, thanks to Awami League?

Bangladesh is becoming the 9th largest consumer market by 2030.

Tourism boom in Bangladesh.

I'm interested in nice beaches. Surf worthy water is a plus

defence.pk

Who will supply this market ? India or us ??

We don't have to follow India-supplied prescriptions for developing our industry. We will (and are) looking to the East and integrating our economy with ASEAN countries (and most importantly - China) which these Indians themselves admit.

I will reply to their rants and de-confuse their serpentine arguments when I have a bit more time.

 

[UKBengali]

If the current BNP implement even 1% of the crazy stuff these PDF buffoons postulate - Bangladesh will be screwed!!!

There is a reason why Sylhet division is so much richer than the rest of BD. It is our moderation, humility and work ethic.

Our Sufi heritage makes us practical….

Rest of BD better catchup fast otherwise they will remain in the gutter.

Sylheti practicality is a moderating influence on the rest of BD and Hasina has her head screwed on and so BD will be fine.

They are proven wrong time and time again but they keep following the same incorrect line of thinking.

That is the reason a lot of these jokers are on my ignore list as trying to teach them basics is harder than getting blood out of a stone and waste of energy!

 

[Species]

Try to look beyond your ego!

And try being realistic.

We are only at the bottom rung of textile presently. It will take this decade to move into the more lucrative end of the garments trade. Where the wages are triple the current rate.

It’s easy to say we should do this and that. Where is the money going to come from. Even if we could muster the skills gap of our poorly educated middle class.

We need to create millions of jobs this decade - simply cannot be done if we focus on high end manufacturing. Where each job costs upward of 500k dollars.

This is why a BNP/Jamat government scares me. I can see these idiots going on ego trips and trying to compete and rival India. We might as well rejoin Pakistan in that case!!

I want Sylheti humility not Dhakaya chest thumping.

@UKBengali
@EasyNow

Ps, Africa will not be taking any jobs this decade from Bangladesh. Even if the buggers stop constantly fighting each other - they lack the humongous amount of water needed in textiles.

Not ego really, you are looking for the best interests of your country while I'm looking for that of my country.

Being realistic would mean taking Bangladesh's demographic realities into account.

Bangladesh has one of the world's largest graduate populations entering the labor market every year who cannot be absorbed into low-value labor intensive industries. This is the area where Bangladesh is struggling the most with one of the highest graduate-unemployment ratios in the world, leading to several student protests in recent years.

That's why the best way forward is to diversify the economy with a mix of labor/capital-intensive industries. Money is not a problem, the problem is lack of proper policies.

I think you hit the nail right on the head.

These people here advocating CONVENIENT Bangladeshi industrialization prescriptions to preserve and help INDIAN INDUSTRY and EXPORTS TO BANGLADESH.

They are fifth columnists or false flagger Indians themselves who have little idea about the ACTUAL commercial and industrial scenario in Bangladesh.

Their prescriptions are supposed to help India remain a strategic industrial supplier to Bangladesh for the longer term and will only help Indian economy.

A nation of 170 Million (half the population of the United States) can certainly do better, even if we are a third or second world country. We have the size and chops of market strength and we can supply it internally - instead of allowing free flow of high value addition Indian goods (sans tariff), like these jokers suggest.

We should selectively block Indian imports like light and heavy commercial vehicles as our market size/sophistication increases, and not be a convenient open market for these Indian products - like these Indians are suggesting.

Bangladesh will not be a den of producing low value addition items forever, that is already changing.

Garments will keep being a staple export item. But like China, we will be going into at least medium value addition items like motorcycle manufacturing and export - as well as going into maybe small three and four wheeler mini-truck assembly/export with CKD kits from China, this is already happening locally with import substitution. The problem is - low or no Bangladeshi tariffs on Indian imports in this sector (like in many other sectors) make it unprofitable to do this while Indians dump their excess production in our market.

Once tariffs on Indian imports are applied (like Indians apply tariff on our products, unlike China) then many more local investors will jump into local Bangladeshi assembly and manufacture of these medium-value-addition products.

Electronic appliances and things like laptops and tablets will go into higher sophistication products for at least internal supply and import substitution, Walton is just a start. Indians cannot compete with our products here.

What we ACTUALLY NEED TO DO FOR STARTERS is TARIFF THE HECK OUT OF INDIAN AUTO and HCV/LCV (Heavy and Light Commercial Vehicle) parts/assemblies and go into assembling our HCV/LCV's from Chinese or other non-Indian CKD kits. These Indians had free rein to sell their products in Bangladesh without tariff for too long thanks to AL support and their RAW agent INDIA-SHILL commerce ministry fifth columnists.

Most Indian HCV/LCV suppliers are also military item suppliers to their ARMY, NAVY and AIR FORCE. On principle we should not support their exports in our market.

We should increase Tariffs on Indian trucks and buses (and their CKD kits) and become least dependent on any medium and high sophistication Indian product while they needlessly block our exports to their market on flimsy NTB pretexts. They know their business people cannot compete with our Bangladeshi exports to their market, so they place tariffs and NTB's ON EVERY SINGLE BANGLADESHI EXPORT.

Two can play at this game. First thing we need to do is remove this fifth columnist RAW agent commerce minister Tipu Munshi and his assistant Tapan Kanti Majumdar.

This bhakt Tipu Munshi is in India to negotiate "A planned CEPA with Bangladesh (which) could double India’s exports to its neighbouring country to over $32 billion."

MSN

Now I ASK you Bangladeshis - who does this idiot work for, Indians or us ? Indian Banyas are already licking their dirty chops at the prospects of minting money from Bangladesh. If Indians flood our markets, like this idiot commerce minister is allowing, how can we grow our own industry ??

We don't have to follow India-supplied prescriptions for developing our industry. We will (and are) looking to the East and integrating our economy with ASEAN countries (and most importantly - China) which these Indians themselves admit.

I will reply to their rants and de-confuse their serpentine arguments when I have a bit more time.

Lol, how did this forum become such a cesspool of fifth columnists?

One nincompoop is repeatedly extending bizarre economic theories and is "astounded" by others' "lack of basic economics"! Good lord!

 

[Tom-tom]

Be realistic about what we can do and what we cannot do this decade.

Can do:

1. Absolutely dominate the garments trade, ensuring all our working age women are at work. Working women make better mothers than idle women.

2. Be a big player in the home appliances sector for the fastest growing region in the world.

3. Dominate low tech manufacturing like toys and Diwali tat.

4. Food processing hub for the north east.

5. Be a transport hub for northeast. E.g. they should use Osmany for international flights. Have bus and train links from the airport to their big cities.

What we cannot do:

1. Make commercial vehicles competitively. We just don’t have the scale even if we could muster the huge upfront investment.

2. Make a wide range of industrial machinery. We should probably pick 2-3. Starting with sewing machines would be fantastic.

3. Generate all our power needs cost effectively. Maybe in the 2030s once Rolls Royce masters mini nuclear power plants that cost 500 million pounds each.

4. Higher education. We must open it up to Indian players. We just do not have any decent teaching staff. I have met Bangladeshi English “Professors” in their 50s - whose English is worse than an Indian room service maid!!!! And I am insulting the maids here!!!

5. Produce enough food and raw materials. We must buy them from India as long as price is right.

Trade is about give and take that benefits both parties roughly equally. It’s done by each country focussing on stuff they are good at.

I am entirely with you or partially with you on 3, 4, 5..

Not so sure on 4. As that's the gate away for raw to indictrine our youth, brain wash them and effectively control bdesh through the masses.

For point 4, we should hold educational partnership with the Iranians, Turks and Indonesians. Iranians have a much better higher education system than Indians that is also working/bettering their country. As economy improves - increase their salaries.

2. We are already building ocean going ships. We might not be able to dominate all engineered machinery. How ever we should have a handful in our baskets.

1. May be, may be no. We should at the very least be making oem parts for vehicles at international standard. BAC - has already or in the phase of making it proto trainer plane....

 

[Bilal9]

Not ego really, you are looking for the best interests of your country while I'm looking for that of my country.

Being realistic would mean taking Bangladesh's demographic realities into account.

Bangladesh has one of the world's largest graduate populations entering the labor market every year who cannot be absorbed into low-value labor intensive industries. This is the area where Bangladesh is struggling the most with one of the highest graduate-unemployment ratios in the world, leading to several student protests in recent years.

That's why the best way forward is to diversify the economy with a mix of labor/capital-intensive industries. Money is not a problem, the problem is lack of proper policies.



Lol, how did this forum become such a cesspool of fifth columnists?

One nincompoop is repeatedly extending bizarre economic theories and is "astounded" by others' "lack of basic economics"! Good lord!

Bhai - I'd say half of the "Bangladeshi" posters here are Indians. Indians love to assume different identities, Pakistani, Bangladeshi and some UK and US flags too..

Mark of liars and cowards who don't have backbones.

By the way - you made a very good point on employing Bangladeshi graduate professionals locally in medium value-addition industries to keep our talent pool intact, instead of losing them overseas as remittance earners.

RAW idea is to deshevel any local middle class talent pool we have so they can employ Indians in these posts to turn it into another West Bengal. No middle class existing and all lower class low value-addition labor, so Indians can bring in their Hindu middle and upper middle class and replace them - to turn us into a part of akhand bharat. Easy Peasy.

This is an excellent prospect, they can sell their products in this massive market as free-for-all in a de-facto Indian state, but with no administrative expense !

If you realize (like Indian Banyas do) what profit is in store - you'd be excited too......

Beshirbhag Bangladesh eishob deeply chinta korena, korley bujhto, jey Indian der Bangladesh korotolgoto korar plan kotota kharap.

 

[Tom-tom]

Bhai - I'd say half of the "Bangladeshi" posters here are Indians. They love to assume different identities.

Mark of liars and cowards who don't have backbones.

By the way - you made a very good point on employing Bangladeshi graduate professionals locally in medium value-addition industries to keep our talent pool intact, instead of losing them overseas as remittance earners.

RAW idea is to deshevel any local middle class talent pool we have so they can employ Indians in these posts to turn it into another West Bengal. No middle class existing and all lower class low value-addition labor, so Indians can bring in their Hindu middle and upper middle class and replace them - to turn us into a part of akhand bharat. Easy Peasy.

This is an excellent prospect, they can sell their products in this massive market as free-for-all in a de-facto Indian state, but with no administrative expense !

If you realize (like Indian Banyas do) what profit is in store - you'd be excited too......

Beshirbhag Bangladesh eishob deeply chinta korena, korley bujhto, jey Indian der Bangladesh korotolgoto korar plan kotota kharap.

Some how I do think this guy has ulterior motives and a little suspect. He want to replace higher Ed staff with Indian Ed staff? It known once a group can brain wash and alter their the upper and middle educated class then they control you.


He's either using something for his past times or he is very suspect. Yes, no country is entirely self sufficient, even the mighty USA wasn't even at it ls mightiest.


Bdesh has the chance to become regional industrial power house.

 

[Tom-tom]

Bdesh is in a good position I have a good mix of low/mid skilled labour and some professionals.

Whilst tapping into low value exports, it also go for mid/mid-high products

 

[BananaRepublicUK]

Bdesh is in a good position I have a good mix of low/mid skilled labour and some professionals.

Whilst tapping into low value exports, it also go for mid/mid-high products

Major Zia destroyed the education system bequeathed by the British and Ayub Khan.

The idiot Zia - flooded the country with Wahhabi Madrasas. About 80% of people attended those backward places in the 80s and 90s - brainwashed and without any skills.

Therefore, we now have a huge skills shortage and having to fill mid level management roles with illegal Indians.

Idiot Zia and his murderer Ershad - set our country back by 100 years.

Hasina is heroically trying to reverse the Wahhabi tide.

The quality of English of the Bangladeshi PDF posters and BAL ministers is embarrassing!

No international blue chip company is going to employ you into management roles!!!

Dhakaya universities rank at the bottom of all international rankings!

Shame! Shame! More shame!

@bluesky

@UKBengali
@EasyNow