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Maldives eyes direct shipping link with Bangladesh

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Maldives eyes direct shipping link with Bangladesh

The Maldives is very keen to introduce direct shipping link between Chittagong and Male to enhance trade relations between the two countries.

Abdulla Shahid, state minister and chairman of the Hithadhoo Port of the Maldives, expressed this willingness at a meeting with the leaders of the Federation of the Chambers of Commerce and Industry (FBCCI) at the chamber's auditorium in the city yesterday.

AK Azad, FBCCI president, and Ahmed Sareer, the Maldives high commissioner in Dhaka, also spoke.

“We can start direct shipping connectivity between Chitta-gong Port and Hithadhoo Port within weeks,” said Shahid.

He said the Maldives import most of their food items, energy and construction materials from India and Thailand to fulfil their national demand, and Bangladesh has the potential to export these items to Maldives.

Due to its dependence in imports, the Maldives wants to import food items, energy and construction materials from Bangladesh, Shahid added.

He urged the Bangladeshi entrepreneurs to invest in tourism, energy and infrastructure development sectors of his country.

About air linkage, the minister said they plan to introduce direct air link between Bangladesh and the Maldives under public or private initiatives.

At present, 6,000 Bangladeshi workers are contributing to the economy of the Maldives, said Ahmed Sareer.

“We are looking forward to hire more manpower from Bangladesh to develop infrastructure and hospital sectors of our country.”

The Maldives will sign a memorandum of understanding with Bangladesh to strengthen bilateral relationship between the two counties, he said adding that currently Bangladesh is hosting many medical and engineering students of the country.

He said, as both Bangladesh and the Maldives are low-lying countries, joint efforts are needed to cope with the adverse effects of climate change. Sareer put emphasis on sharing knowledge to promote tourism sectors of the two countries.

FBCCI president said Bangladesh appreciates the government of the Maldives for allowing duty free access of all Bangladeshi export products including medicine by the end of current year.

Azad expressed his gratitude to the Maldives for hiring many people from Bangladesh and for the registration of 12,000 out of 17,000 Bangladeshi workers.

Both sides also have agreed to extend cooperation in education, tourism and agriculture sectors. Azad hoped these initiatives will further strengthen the two countries' economic ties.

“In July-May (2010-2011), Bangladesh export to the country was worth $0.72 million and import $1.46 million, which are quite insignificant. We have to enhance our bilateral trade."

Maldives eyes direct shipping link with Bangladesh
 
Why not have a confederate with Maldives...??? We could even build a naval base there or a listening post for fun... :azn:
 
Why not have a confederate with Maldives...??? We could even build a naval base there or a listening post for fun... :azn:

Actually, Maldives is ideal to be made into a Bangaldesh's Diego Gracia!
lol.gif



But of course, let us first get the commercial ties going!
 
We aren't in any position of being jignostic :lol:

Well said.

Bangladesh is entering into commercial link because it is natural and necessary for its economy.

It is good that Bangladesh is getting into a commercial link up.

And why not?

If it is mutually profitable, then Bangladesh has to do so, so that its own economy flourishes.

Who can say that it is not the correct step?

I fail to understand why a simple commercial necessity is flipped to a desire for and translated into Empire building!

I love the ida of a Naval Base in Maldives for Bangaldesh.

How many ships does Bangaldesh have, and of that how many are capital ships, and what is the strategic aim behind naval a base in the Maldives?

Ridiculous!
 
Well said.

Bangladesh is entering into commercial link because it is natural and necessary for its economy.

It is good that Bangladesh is getting into a commercial link up.

And why not?

If it is mutually profitable, then Bangladesh has to do so, so that its own economy flourishes.

Who can say that it is not the correct step?

I fail to understand why a simple commercial necessity is flipped to a desire for and translated into Empire building!

I love the ida of a Naval Base in Maldives for Bangaldesh.

How many ships does Bangaldesh have, and of that how many are capital ships, and what is the strategic aim behind naval a base in the Maldives?

Ridiculous!

I am all for commercial interests.

On a realistic note, maintaining naval and air bases in another country is extremely expensive.

Best to start from the basics and really work hard and sincerely toward them. That's how the USA did it.
 
I am beginning to wonder what does Maldives have to offer Bangladesh in trade and commerce other than foreign investment in tourism industry? Bangladesh has a rich natural resource potential but Maldives is just a bunch of atolls at the mercy of the ocean. Even if there are trade connections made, Bangladesh will have a very high trade surplus with Maldives where it will enjoy a lot of political power in the island country.
 
I guess some people did not figure that iajdani was having a bit of fun!


BD is focusing 100% on the economy for now and it is just not interested in much militarily apart from minimum self-defence. It could spend massively more on the military now(say 200 JF-17s) if it wanted to but is much rather spending the cash on trying to eliminate absolute poverty as quickly as it can.

And on the topic, of course it is natural that the Maldvies would want to start direct shipping links to BD. With an economy growing at 7% a year in BD, the Maldives are just being smart for the future.
 
Come, invest here: Bangladeshi businessmen invited by Maldives

Visiting Maldives state minister Abdullah Sayeed called upon Bangladeshi businessmen to invest in power, housing and tourism sector of his Indian Ocean-island country.

He offered the invitation Thursday in an exchange-of-views meeting held with FBCCI leaders at its office in the city.

Presided over by FBCCI president AK Azad, the meeting was attended, among others, by Maldives High Commissioner in Bangladesh Ahmed Shery, FBCCI adviser Manjur Ahmed and directors of the apex business body.

In the meeting Sayeed said, “In the Maldives, there is a great demand for Bangladeshi vegetables and readymade garments.”

Business communications between Bangladesh and Maldives are being hampered as there is no direct ship and air communications between the two countries, he said.

Sayeed called upon the private sector to come forward along with the governments of the two countries to remove this barrier.

He said, “Full support will be provided for Bangladeshi investors in the Maldives.”

For lack of sea and air communications, businessmen will not be interested to take the risk of investment in the Maldives, said FBCCI adviser Manjur.

He demanded of the governments of both countries to solve the problem.

Responding to the demand, the Maldives
minister said, “After returning to my country, I will discuss the matter with my government.”
 

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