28.4.08

Bangladesh: A Change of Policy

Bangladeshi Foreign Affairs Adviser, Iftekhar Ahmed Chowdhury has said, the country needs to re-adjust its foreign-policy as a new era begins in Asia.

He said Asia is progressing fast in an unprecedented speed. So, the policies of Bangladesh need to be realigned with the global changes. Otherwise, the country would lag behind, a foreign office press release quoted him as saying.

Iftekhar said: "Perhaps, we do not realize that there is more reverse transfer of resources to those developed countries, who buy from us. We pay many times more in duties to them, than we receive in aid."

On the other hand, it is the booming economies of Asia that might help shape the future of Bangladesh. Power players of contemporary times are China, Japan, South Korea, ASEAN, India and Gulf states, he added.

Via Xinhua

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