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Japan Bangladesh Biliteral Economic Relation

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Japan Bangladesh Biliteral Economic Relation
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JAPAN BANGLADESH BILITERAL ECONOMIC RELATION

INTRODUCTION
Bangladeshi-Japanese relations were established in February 1972. Japan is Bangladesh's 11th-largest export market; imports from Bangladesh make up 26% of all Japanese imports from the least developed countries, second only to those from Cambodia. Common imports from Bangladesh to Japan include leather goods, ready-made garments, and shrimp. By 2004, Japan had become Bangladesh's fourth-largest source of foreign direct investment, behind the, United Kingdom, and Malaysia. Japan's political goals in its relationship with Bangladesh include gaining support for their bid to join the United Nations Security Council, and securing markets for their finished goods. Japan Bangladesh Relations | | | | 1. GENERALJapan and Bangladesh have maintained friendly relations since February 10th, 1972, through economic and technical cooperation, cultural exchanges and mutual visits. Japan is a major development partner for Bangladesh, extending support to the efforts of Bangladesh for its economic and social development. The two governments signed the Agreement on Technical Cooperation between Japan and Bangladesh on December 8th, 2002 to strengthen further mutual technical cooperation by consolidating its infrastructure and simplifying its process under a single umbrella framework.Mutual support and cooperation in international arena have also produced excellent results and deepened the trust between both governments. In private economic sector, the bilateral relations are increasingly strengthened and diversified. Agreement between Japan and the People's Republic of Bangladesh concerning the Promotion and Protection of Investment entered into force in 1999.The year 2002 marked the 30th anniversary of establishment of diplomatic relations between Japan and Bangladesh. To convey resolve of the Japanese Government towards further enhancement of its ties with Bangladesh, Japanese Prime Minister



References: 1,classified.japantimes.com/nationalday/.../20101129-bangladesh-visit.... 2. en.wikipedia.org/wiki/Bangladesh–Japan_relations 3, www.bdsdf.org › ... › Business & Industry 4.www.wikipedia.com 5.www,google.com

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