Tokyo:Prime Minister Tarique Rahman has announced discussions with Japan regarding an emergency financial assistance package of 50 billion yen, equivalent to approximately US$320 million, aimed at enhancing Bangladesh's energy security.
According to United News of Bangladesh, Tarique Rahman shared on his Facebook page that the discussions took place during a bilateral summit with Japanese Prime Minister Sanae Takaichi in Tokyo. The assistance is being considered under Japan's Partnership for Power Asia initiative.
The Prime Minister emphasized the significance of his visit to Japan as a step towards strengthening the enduring friendship and strategic partnership between Bangladesh and Japan. Both leaders reaffirmed their commitment to democracy, the rule of law, economic development, and a stable and prosperous Indo-Pacific region.
Additionally, Rahman highlighted that discussions included potential Japanese private-sector investments of up to 1 trillion yen, or around US$6.34 billion, in Bangladesh over the next five years, which could create approximately 200,000 jobs. He also proposed the establishment of a Bangladesh-Japan Tech Park to foster cooperation in advanced technologies.
The talks further covered cooperation in space science, satellite engineering, and Japanese support for high-speed rail connectivity and modern transport infrastructure. A key outcome was a shared commitment to advancing the Bay of Bengal Industrial Growth Belt initiative, focusing on integrated development to strengthen Bangladesh's regional connectivity.
The summit also addressed the early implementation of the Bangladesh-Japan Economic Partnership Agreement and the establishment of a ministerial-level joint commission. On the Rohingya crisis, Rahman expressed gratitude for Japan's humanitarian assistance and urged continued support for the refugees' return to Myanmar.
Tarique Rahman acknowledged the historical ties between the two nations, noting contributions from his father, Shaheed President Ziaur Rahman, and his late mother, former Prime Minister Khaleda Zia. He expressed appreciation for Japan's ongoing friendship and support, highlighting his government's focus on driving the economy through investment, innovation, and infrastructure development.
Source United News of Bangladesh