On Trade, Transit and TIFA February 6, 2009Posted by bdoza in BANGLADESH, GOVERNANCE, Media, POLITICS.
Tags: India, TIFA, trade, transit, treaty, USA
The new government become suddenly busy in signing bilateral trade, on the issue on transit and TIFA.
The haste draws criticism from opponents and citizens. The Commerce Minister tries to assure the public that Government will not do anything which goes against the interest of the country. He also assures that every major treaty will be disclosed and discussed in the parliament. He asserted that as this government came to the power with the mandate of the people, it will try to respect it.
The State Minister for Foreign Affairs Dr. Hasan told ‘Transit is an economic issue’ . But many consider it has political implication also.
Regarding TIFA, USA is eager to sign the bilateral agreement with different countries including Bangladesh. USA tried to pass the treaty during the last political regime but due to disagreement on some of the clauses, it was not ultimately approved.
In the meantime, Council of Ministers approved 2 trade agreements with India. It is said that one of the agreements was first sign in 1980 during Ziaur Rahman regime. It was extended by the past governments and it is now resigned only. In this treaty, the signing countries is allowed to use the roads, water ways and railways for transportation of goods between two places in one country through the territory of the other. The second agreement is a new one by the name ‘Bilateral Investment Promotion and Protection Agreement (BIPA) to boost trade and investment with India.[DS].
We hope that every treaty should be disclosed to the public,be well debated in the media and in parliament and only be accepted if it appears good for the country in short and long term basis.
An ordinary citizen