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Bangladesh to purchase naval warships from South Korea
Bangladesh & South Korea are in negotiations to purchase naval brigades from Seoul, South Korean Ambassador Tai-young Cho disclosed here Monday.
There are some discussions between the defence ministries to buy more naval ships from Korea They have not yet reached any conclusion, he said at a Meet the Reporters program at the Dhaka Reporters Unity (DRU) on Monday.
The Ambassador said Bangladesh purchased a navy brigade from South Korea in 2000. I like to see dynamic exchanges in the field of defence between the two countries, he told a questioner.
Asked about the volume of defence purchase from Seoul, the Ambassador did not give any precise figure, saying: I guess its not big.
Asked about cooperation in the oil and gas sector, he said a Korean and an American company formed a consortium with Petrobangla and began exploration in the Bay of Bengal mainly to find gas. They are optimistic that they will find something, he said.
About recruitment of Bangladeshi workers for South Korea, he said the recruitment quota for Bangladesh has been increased to 4,400 this year against 3,800 last year. This year some 1,850 low-skilled workers entered Korea against last years number of 752.
Replying to a question the Ambassador, however, admitted that lack of popularity of Bangladeshi workers among Korean companies fails to fulfill the annual quota for Bangladesh.
Asked about the reasons behind the lack of popularity, he said the Bangladeshi workers frequently shift their places of work for better pay, which causes unhappiness among the Korean companies. Besides, he said there is tough competition among the labour sending countries.
Cho said the Korean government can increase the quota but recruitment depends on the choice of the Korean companies. To increase the number you need to increase the popularity of the workers, he noted.
Besides, he said some jobseekers illegal act of appearing for computer based test with false ID cards and activity of brokers became a hurdle to the successful implementation of the Employment Permit System (EPS) in Bangladesh.
The Ambassador said going to Korea with false ID is a grave concern for Korea in terms of their national security. He expected that the Bangladesh government will crackdown on brokers of false ID cards.
Cho, however, said the Korean government is planning to undertake a project to train medical nurses here in response to a request made by Prime Minister Sheikh Hasina during her visit to Seoul in May this year.
Asked about Korean investment, the Ambassador said the Korean investors mainly focus on the garment sector, but his impression is that the Korean companies like to expand their investment to power generation including solar energy, small size ship building and the rice processing industry.
In 2009 total trade was $1,186 million of which Koreas export to Bangladesh was $1064 million and import was only $122 million.
Replying to a question, Cho said recently two business delegations visited Bangladesh to invest here and buy more from Bangladesh. Presently, 85 percent of Bangladeshi products enjoy duty and quota free access to the Korean market and negotiations are on to allow the duty and quota free access for the remaining 15 percent.
Korea so far invested more than $1 billion in Bangladesh, apart from providing $410 million as soft loans under EDCF till March 2010.
Besides, $36 million was provided as grant for Bangladesh from 1991 to 2009. He said Korean aid for Bangladesh will be increased next year.
DRU president Shamim Ahmad chaired the press interactions while its general secretary Pathik Saha made introductory remarks.
UNBconnect... - Dhaka could buy naval ships from Seoul
Bangladesh & South Korea are in negotiations to purchase naval brigades from Seoul, South Korean Ambassador Tai-young Cho disclosed here Monday.
There are some discussions between the defence ministries to buy more naval ships from Korea They have not yet reached any conclusion, he said at a Meet the Reporters program at the Dhaka Reporters Unity (DRU) on Monday.
The Ambassador said Bangladesh purchased a navy brigade from South Korea in 2000. I like to see dynamic exchanges in the field of defence between the two countries, he told a questioner.
Asked about the volume of defence purchase from Seoul, the Ambassador did not give any precise figure, saying: I guess its not big.
Asked about cooperation in the oil and gas sector, he said a Korean and an American company formed a consortium with Petrobangla and began exploration in the Bay of Bengal mainly to find gas. They are optimistic that they will find something, he said.
About recruitment of Bangladeshi workers for South Korea, he said the recruitment quota for Bangladesh has been increased to 4,400 this year against 3,800 last year. This year some 1,850 low-skilled workers entered Korea against last years number of 752.
Replying to a question the Ambassador, however, admitted that lack of popularity of Bangladeshi workers among Korean companies fails to fulfill the annual quota for Bangladesh.
Asked about the reasons behind the lack of popularity, he said the Bangladeshi workers frequently shift their places of work for better pay, which causes unhappiness among the Korean companies. Besides, he said there is tough competition among the labour sending countries.
Cho said the Korean government can increase the quota but recruitment depends on the choice of the Korean companies. To increase the number you need to increase the popularity of the workers, he noted.
Besides, he said some jobseekers illegal act of appearing for computer based test with false ID cards and activity of brokers became a hurdle to the successful implementation of the Employment Permit System (EPS) in Bangladesh.
The Ambassador said going to Korea with false ID is a grave concern for Korea in terms of their national security. He expected that the Bangladesh government will crackdown on brokers of false ID cards.
Cho, however, said the Korean government is planning to undertake a project to train medical nurses here in response to a request made by Prime Minister Sheikh Hasina during her visit to Seoul in May this year.
Asked about Korean investment, the Ambassador said the Korean investors mainly focus on the garment sector, but his impression is that the Korean companies like to expand their investment to power generation including solar energy, small size ship building and the rice processing industry.
In 2009 total trade was $1,186 million of which Koreas export to Bangladesh was $1064 million and import was only $122 million.
Replying to a question, Cho said recently two business delegations visited Bangladesh to invest here and buy more from Bangladesh. Presently, 85 percent of Bangladeshi products enjoy duty and quota free access to the Korean market and negotiations are on to allow the duty and quota free access for the remaining 15 percent.
Korea so far invested more than $1 billion in Bangladesh, apart from providing $410 million as soft loans under EDCF till March 2010.
Besides, $36 million was provided as grant for Bangladesh from 1991 to 2009. He said Korean aid for Bangladesh will be increased next year.
DRU president Shamim Ahmad chaired the press interactions while its general secretary Pathik Saha made introductory remarks.
UNBconnect... - Dhaka could buy naval ships from Seoul
