New vista of Tokyo-Dhaka partnership
Speedy follow-up and implementation key
News Desk: The major elements of the Joint Statement on the outcome of the visit of Japanese Prime Minister Shinzo Abe to Bangladesh sound clearly target-specific, programmatic and visionary. As these spell out shared intent, understanding and decisions at highest political level the rhetoric phase enters the substantive one.Now these fall squarely on the bureaucracies and private sector leaders to follow through ,coordinate and implement the decisions.
We have often made a good start but when it came to follow-up measures we would be found wanting .The speed and competence with which we meet our part of the bargain can make all the difference between a half-way house and a fully gainful bilateral engagement.
The questions are:What do the Japanese want from us or aim at? How do we plan to meet their already aired expectations? According to Japan’s China –plus policy, Tokyo wants to relocate its investment in and step up trade with a country like Bangladesh.It seeks special economic zone with emphasis on location,competitive incentives,improved infrastructure and labour supply as critical factors.
High –profile Japanese CEOs have made it clear that they look at Bangladesh as the next investment destination;already steelmaker Nippon is willing to open a factory in Chittagong.
The two prime ministers agreed on a direction of economic cooperation under the initiative of the Bay of Bengal Industrial growth Belt(BIG-B).Its three pillars are:Developing infrastructure,improving investment environment and fostering connectivity.
What we need to do is known;institutional linkages are in place,;and now we have to strike the iron when it is hot.