Today is a glorious day for Bangladesh. After three years of continuous review, the United Nations last night unhesitatingly announced that Bangladesh was moving to a developing country. The agency’s Committee for Development Policy (CDP) has made a final recommendation for Bangladesh to move from LDC (Least Developed Countries) to a developing country. Not only that, the UN has also accepted the proposal made last January to extend the three-year preparatory period for Bangladesh to five years, citing the Corona epidemic. In other words, Bangladesh will get additional benefits for two more years for preparation. Center for Policy Dialogue (CPD) Honorary Fellow. Devapriya Bhattacharya is representing this committee in the UN.
After the CDP meeting yesterday, Dr. Bangladesh every day. Debapriya said that after the final recommendation, Bangladesh will now have five years to prepare for the passage instead of three years. In other words, in 2026, at the UN General Assembly, Bangladesh will be officially given the status of a developing country.
Concerned parties say that this recognition of the United Nations has given more glory to the government. Because this achievement has come at a time when Bangladesh is celebrating the birth centenary of Bangabandhu Sheikh Mujibur Rahman. This is a time when Bangladesh is on the verge of celebrating its 50th year of independence, i.e. the Golden Jubilee. In addition, it is a time when the whole world is in crisis due to the transmission of a deadly virus called ‘Covid-19’. In the face of that crisis, the name of the golden Bengal of Bangabandhu’s dream was once again uttered as in the past, when the Awami League government led by Sheikh Hasina, the daughter of the father of the nation, is working to make this Bengal a developed state.
Nepal, Bhutan and Laos are among the other countries that have received final recommendations to move to developing countries with Bangladesh. Myanmar is also on the list, but the country has not received a final recommendation.
Trade benefits continue for up to three years after a country gains the status of a developing country. In that case, Bangladesh will get duty and quota free facility till 2029. However, the government has asked for additional benefits here as well. In a letter to the World Trade Organization last September, Bangladesh said trade benefits should be maintained for another 12 years even after the global crisis is prolonged due to the Corona epidemic.
Commerce Secretary. Md. Zafar Uddin said that when a country exits the LDC, it loses the trade benefits it gets after a certain period of time. In other words, the benefits that Bangladesh, as a least developed country, now enjoys, including duty-free market access, benefits in the pharmaceutical sector, and intellectual property benefits, will continue for a certain period of time after gaining the status of a developing country. However, due to the Corona epidemic, we have written to the World Trade Organization to ensure that the benefits are due by the time of the crossing. Those benefits were then continued for another 12 years.
With an example, the Commerce Secretary said, after leaving the LDC in 2027, Bangladesh’s duty and quota-free market facilities in developed countries will continue for the next three years, i.e. till 2029. We have said that after 2029, it will be available for another 12 years. Similarly, the term of intellectual property facility of Bangladesh as LDC in pharmaceutical industry is till 2033. Our proposal is to extend it for another 12 years after 2033. Per capita income, Human resource development and economic fragility – At least two of these three indicators can be reached in developing countries if they meet the criteria. Bangladesh is the first country among the least developed countries to meet all the three indicators twice in 2016 and 2021 and get the final recommendation to pass with confidence. After gaining independence, Bangladesh was included in the list of least developed countries in 1975. Forty-three years later, in 2016, Bangladesh was able to achieve the standards set by the three indicators set by the United Nations. After a three-year observation period, it was said, The final recommendation will be made if the criteria can be maintained by February 2021. At this stage, the triennial review meeting of the United Nations Committee for Development Policy or CDP in New York started on February 22 and lasted till last night. At the same meeting, after the second round of review, the UN announced the desired decision on Friday night.
Although there are some challenges in getting the status of a developing country from LDC, it is believed that a new possibility and opportunity will be created for Bangladesh. Concerned parties say that foreign investors will be more encouraged to invest in Bangladesh after moving to developing countries. Confidence will grow between them. Bangladesh’s status in international organizations or regional alliances will increase. Apart from this, it will be beneficial to get foreign loan as a result of developing the image internationally. Bangladesh will be further evaluated in the case of multilateral or bilateral agreements. However, due to the increase in prestige, the interest rates of loans of international companies will also increase. The country’s ready-made garment sector could face some challenges if the tariff and quota-free market benefits that Bangladesh enjoys in developed countries, including the European Union, are withdrawn.
The per capita income of developing countries from developing countries is at least 1230 US dollars, in 2020 the per capita income of Bangladesh was 1628 dollars. Developing countries need 6 points in the human resource index; Bangladesh’s points are now 65.3. In addition, if a country has more than 36 points in the economic fragility index, LDCs and developing countries qualify after reaching 32 points. Bangladesh’s point there is now 25.2. In other words, Bangladesh has made significant progress in tackling the various impacts of climate change, including cyclones and floods, and even in the midst of the Corona epidemic, showing significant progress. Government officials say the Corona epidemic has caused a global economic crisis. It has also had a negative impact on the economic and social sectors of Bangladesh. There were fears in this situation, Whether Bangladesh will be able to retain the capacity to transition to a developing country. Overcoming that fear, Bangladesh also stood tall in the global crisis like the Kavid-19 epidemic. Significant progress in economic stability, per capita income and human resource indices indicates that Bangladesh is now considered one of the most promising countries in the world – the ’emerging tiger’.
5G launched by 2021: Mustafa Jabbar Postponed and telecommunications minister Mustafa Jabbar has said that all preparations have been made for the digital connection for the fourth industrial revolution or its aftermath. He said, “All the existing faults in this case will be removed within this year. Many developed countries of the world have not even thought about launching 5G but Bangladesh is going to launch 5G by 2021. This year 4G is going all over the country. The third submarine cable is coming in 23rd. In the 21st year, Haor-Bil-Char hill area is coming under cable / satellite connection. He was speaking as the chief guest at a seminar titled ‘Fourth Industrial Revolution: Bangladesh Context’ organized by Institution of Engineers Bangladesh (IEB) on Saturday. He was virtually involved in it.
The Telecommunications Minister said, “Our Digital Bangladesh program is not limited to the Fourth Industrial Revolution. The transformation that is needed to build the golden Bengal of dreams lies in the Digital Bangladesh program.
Mustafa Jabbar said, “Father of the Nation has sown the seeds of digitalisation by becoming a member of the International Telecommunication Union and UPU in 1973 and by setting up a satellite ground station at Betbunia on June 14, 1975.” From 1996 to 2001, Prime Minister Sheikh Hasina sowed the seeds of digitization by withdrawing tariffs and VAT on computers, shutting down the monopoly business of mobile phones to make mobiles accessible to the public through online internet, licensing four mobile companies and launching internet through VISAT. Converted. Following the successful implementation of his announced Digital Bangladesh program from 2009 to the present, it has turned into a huge mahiruh today. He said, ‘Technology education from primary level to class XII should be made compulsory.
“Our young generation is very talented and we have to turn them into the assets of the future,” he said. “Population is our biggest asset.” He said that as a result of the success of Digital Bangladesh in Kovidkala, 80 percent people in the country have taken telemedicine treatment at home. The first class child of the village has also continued his educational activities through internet. Work is underway to transform every post office in the country into a digital post office by 2022.
State Minister for Power, Energy and Mineral Resources Nasrul Hamid said, “The need for uninterrupted power supply is essential for the Fourth Industrial Revolution. We have already been able to complete that preparation. We will be able to generate 24,000 MW of electricity on March 26. He also spoke about his take on digital connectivity with electric submarine cables.
State Minister for Information and Communication Technology Junaid Ahmed Palak said information and communication technology was essential for the Fourth Industrial Revolution and said, ‘Skilled manpower is essential for the Fourth Industrial Revolution. To this end, various groundbreaking programs are being taken and implemented including construction of 39 high-tech parks. IEB President Engineer. State Minister for Power, Energy and Mineral Resources Nasrul Hamid, State Minister for Information and Technology Junaid Ahmed Palak and Science and Technology Affairs Secretary of Bangladesh Awami League and former President Engineer of IEB Md. Abdus Sabur. IEB general secretary also spoke. Shahadat Hossain (Shiblu), convener and vice president of IEB (HRD) engineer. Nuruzzaman etc. The keynote address was presented by the Vice Chancellor of the Canadian University of Bangladesh, Professor. Engineer Muhammad Mahfuzul Islam. BUET Professor of Civil Engineering was present as a negotiator at the time. Engineer AFM Saiful Amin and Professor of Civil Engineering at BUET. Engineer Md. Mizanur Rahman. IEB Vice-President Engineer Mohammad Hossain conducted the program.
Cox’s Bazar railway line
Dohazari-Cox’s Bazar-Ghumdum railway project is one of the priority projects of the government. One of the tasks of this project is to install rail tracks. The work of laying that railway track or railway line started last Thursday from Panir Chhara Bazar area of Ramu upazila of Cox’s Bazar Sadar. Project Director (PD) confirmed that there is a possibility of laying 8 to 10 km of railway line every month if there is no problem including natural. Mofizur Rahman.
Mofizur Rahman told Bangladesh Pratidin that work on the line from Dalir Chhara Mouza of Panir Chhara Bazar in the area to Cox’s Bazar has started since last Thursday. The overall work of the project including cutting of soil, construction of bridge, level crossing, culvert, construction of station is already underway. The rapid construction of this railway line will play a very important role in communicating with the whole country including Dhaka-Chittagong-Cox’s Bazar on various issues including economy, tourist anagona and will also improve the socio-economic condition of the people of this region. The same was said by Abul Kalam Chowdhury, Assistant Project Director (APD). According to project sources, About 51 percent of the construction work of Dohazari-Cox’s Bazar-Ghumdum railway line through Chittagong, a priority project of the government and Prime Minister Sheikh Hasina, has already become visible. This priority project of the government will be completed by the end of 2022, said the Railway Minister. Nurul Islam Sujan. According to project sources, the cost of the Dohazari-Cox’s Bazar railway project has been estimated at Tk 18,035 crore. On April 3, 2011, Prime Minister Sheikh Hasina laid the foundation stone for the construction of meter gauge railways to Dohazari-Ramu-Cox’s Bazar and Ramu-Ghumdhum. 8 km from Dohazari to Ramu, 12 km from Ramu to Cox’s Bazar and 26 km from Ramu to Ghumdhum are under construction. If this project is implemented, safe, comfortable and affordable communication system will be introduced for tourists and local people. Easy and cheap fish, salt, paper raw materials,
According to sources, there are 9 stations on the 128 km railway line. These are Satkania, Lohagara, Chakaria, Dulahazara, Eidgaon, Ramu, Cox’s Bazar Sadar, Ukhia and Ghumdhum. It will have computer based interlock signal system and digital telecommunication system. Three big bridges will be built over Sangu, Matamuhuri and Bankkhali rivers. Besides, 43 small bridges, 201 culverts and 144 level crossings will be constructed on this railway. A flyover will be constructed in Kenochia area of Satkania, two highway crossings in Ramu and Cox’s Bazar areas.