Tag Archives: deals

MNA Business Desk: Bangladesh and Japan on Wednesday signed their 40th ODA deal involving US$ 2.5 billion for implementing five projects to bolster ties between the two countries. Economic Relations Division (ERD) Secretary Monowar Ahmed and Japanese Ambassador to Bangladesh Hiroyasu Izumi signed the ODA deal on behalf of their respective sides, reports UNB. Prime Minister Sheikh Hasina and her Japanese counterpart Shinzo Abe witnessed the signing at the office of Japanese premier in Tokyo. Five projects, taken under the 40th Official Development Assistance (ODA) package deal, are Matarbari Port Development Project (1), Dhaka Mass Rapid Transit Development Project (Line ...

MNA Business Desk: Bangladesh and the United Arab Emirates (UAE) will sign two investment-related deals during Prime Minister Sheikh Hasina’s three-day visit to the Middle Eastern nation, starting on Feb 17. “This will speed up our economic diplomacy,” Foreign Minister AK Abdul Momen said on Wednesday, referring to the new foreign policy priority of the government. Trade and investment would be the key focus, the minister told reporters. UAE Prime Minister Sheikh Mohammad Bin Rashid Al Maktoum who is also the ruler of Dubai invited the prime minister for the visit. Hasina will attend the inauguration of the International Defence ...

MNA Business Desk: US and Chinese companies signed nearly 20 deals worth a total $9 billion on Wednesday at the start of president Donald Trump’s state visit to Beijing. US commerce secretary Wilbur Ross and Chinese vice premier Wang Yang oversaw a signing ceremony at the Great Hall of the People but they did not immediately give details about the 19 deals. Wang said the agreements were merely a “warmup” before Trump and Chinese President Xi Jinping oversee their own ceremony on Thursday involving bigger deals, including in exports of natural gas and soybeans. Trump plans to use the three-day ...