economic relation between bangladesh and japan
TRANSCRIPT
Group 9
Presenting . . .
Bangladesh-Japan Economic Relationship
Group members Name Roll No
Md. Mahmudul Haque 318
Mrittika Shil 303
Md. Asraful Alam 311
Mahmudul Hasan 310
Md. Mahmudul Haque
Roll: 318
Country ProfileBangladesh and Japan
Bangladesh
A Country of South Asia (147570 km)
A Developing Country (Population-155800000)
A Member of Developing 8 (D-8) and LDCs
A Country of Cold Mine
Japan
A Country of South East Asia (377873 km)
Industrially Developed Country (Population-127100000)
A Member of Group 8 (G-8)
Osacar Japan, Manchester of Japan
Economic Highlights Between Bangladesh and Japan
Key Points Bangladesh Japan
GDP 6.12% 1.80%
Per Capita Income 1190 $ 36747 $
Inflation 6.84% 3.28%
FDI $ 1.59 Billion(2013)
JPY 14226 Hundreds Million (2013)
Currency Difference With USA
1 tk = 0.013 $ 1 JPY = 0.087 $
Economic PositionWorld Economic Forum
110 23
Cross Cultural IssuesBetween Bangladesh and JapanHall Model (High & Low Context Approach)
Contents Bangladesh Japan
Relationship Long lasting Long lasting
Message Explicit Shared Code
Authority Diffused Personally Responsible
Agreements Written Rather Than Spoken
Spoken Rather Than Written
Cultural Patterns Faster to Change Ingrained
Mrittika Shil Roll: 302
FDI FROM JAPAN
2003
-200
4
2004
-200
5
2005
-200
6
2006
-200
7
2007
-200
8
2008
-200
9
2009
-201
0
2010
-201
1
2011
-201
2
2012
-201
3
29.33
49.68
22.6228.9726.69
58.53
22.03
35.0531.36
99.04USD ( in millions)
Major Country wise Investment
U.K; 15%
U.S.A; 11%
Egypt; 8%
Korea
; 8%
Netherlands; 7%Hongkong; 6%
Singapore; 6%
Malaysia;
5%
JAPAN, 5%
Chaina; 1%
Others; 28% Total 5% of total
investment are
invested by Japan.
7th in position.
TREND OF EXPORT
2005-2006
2006-2007
2007-2008
2008-2009
2009-2010
2010-2011
2011-2012
2012-2013
0
200
400
600
800
137.78147.94172.56202.6330.56
434.12
600.53
750.26
Export Exponential ( Export )
USD $ in million
Exported product
Product name Product name
Frozen food Agro product
Tea Chemical product
Leather goods Footwear
Raw jute Knit wear
Woven wear Jute gods
Motor parts Garments accessories
RMG Export to Japan
2008-2009
2009-2010
2010-2011
2011-2012
2012-2013
2013-2014
Knitwear
21.99 53.06 93.83 163.65 198.31 253.35
Wo-ven
52.4 120.26 153.68 239.99 280.17 318.919999999999
2575
125175225275325
RMG export to JAPANV
AL
UE
IN M
ILL
ION
US
D $
e
Trend of Import ( Million $)
2005
-200
6
2006
-200
7
2007
-200
8
2008
-200
9
2009
-201
0
2010
-201
1
2011
-201
2
2012
-201
3
649.31690.33832.4
1015.371042.3
1306.61455.9
1168.7
IMPORTED PRODUCT Vegetable products, Mineral products, Animal or vegetable fats oils;
Edible fats; Animal or Vegetable waxes;
Beverages, Chemical, Plastics , Rubber Leather, Furskins ; Travel goods,
Handbags & Animal Gut
Wood; wood charcoal, Cork, plaiting materials; basket ware &
wickerwork; paperboard;
Textiles, Footwear, Headgear, Umbrellas, Walking-sticks, Seat-sticks,
Whips, Feathers, Plaster,
Cement, Asbestos, Ceramic products;
Glass and Glassware , Base metals
Md. Asraful Alam
Roll: 311
Bangladesh Exports to Japan in FY 2010-11 (US$ Million)
0
20
40
60
80
100 86.16
43.2557.47
34.4523.28 22.59
90.25Exports in million US$
Trade deficit between two country
2005-06 2006-07 2007-08 2008-09 2009-10 2010-11 2011-12 2012-130
1
2
3
4
5
6
7
4.71 4.67 4.82
5.01
3.15 3.01
2.24
1.56
Japan
Bnagladesh
Source: Dhaka Chamber of Commerce and Industries
Major Bilateral Agreements
•Agreement on Technical Cooperation.
•Loan agreement for Emergency Disaster Management Projects.
•Japanese Grant for Human Resource Development Scholarship
(JDS)
•Exchange of notes on Improvement of Audio-Visual Equipment
of Bangladesh.
•Japan Debt Cancellation Fund (JDCF)
•Agreement on Technical cooperation between the GoJ and the
GoB.
•Operational Development Assistance Loan Agreement.
Present Issues to discuss
1. Japan-Bangladesh economic dialogue•Especial Economic Zone in Bangladesh•Licensing, work permit, make easy the visa for business individuals.•Trade and investment to increase bilateral trade.
2. Bangladesh-Japan together at 40•Huge assistance from JICA•Establishment of Japan-Bangladesh Committee for Commercial Economic Cooperation (JBCCEC)•Assistance from Japan Chamber of Commerce and Industry (JCCI).
3. Japan`s Prime Minister in Bangladesh
Potentials of the visitJapan – Bangladesh
Comprehensive PartnershipCooperation in case of global
security of environmentProactive contribution to peaceProtection and promotion of
marine development and resource.
Potentials of the visit(cont…)Bilateral and multi lateral
cooperation in case of peace building
Japan`s membership in United Nation security council.
The 35th yen loan package(120 billion yen)
Joint Bangladesh- Japan public and private economic dialog
Mahmudul Hasan
Roll: 310
Future business scope in Japan:
Apparel Industry
Leather goods and foot wear
Prawn and shrimp product
Present Export 572.27 million
dollar
Future Scope of 35 million dollar
65.35 % Export Growth in FY 2013-14
Huge job opportunity for Bangladeshi workers in Japan
What competitive advantage
will Japan get
in Bangladesh?
Stable financial sector
Low income economy
Geopolitical focus
Cost efficient manufacturing base
Liberal FDI and FPI policy
Flexible policy
Improved skilled labor
Cheaper costs of establishing business or
industrial houses
Competitive and affordable wages
Easy remittance of royalty
Repatriation of profits
Protection of foreign investment
Special economic zone
Investment in Bangladesh:
(Special Investment Programmes)
Building international airports
Under river tunnels
Power generation
Expressways
Monorails and subway
BIG-B Concept
Major Dimensions :
Promote infrastructure improvement
Create better environment for investment
Promote improved “solidarity and unities”
Thank You