Bangladesh votes against Pakistan in WTO

[kobiraaz]

I am so embarrased !

Sorry Pakistanis...

But rmg xport to EU and USA is the base of our economy.......

This is like giving my only Job to my jobless friend!!

Bangladesh has no other option!!! Sorry Again

P.S: Hasina must have discussed it with India before taking this decision!!

 

[Patriot]

I am so embarrased !

Sorry Pakistanis...

But rmg xport to EU and USA is the base of our economy.......

This is like giving my only Job to my jobless friend!!

Bangladesh has no other option!!! Sorry Again

Entirely understandable. Well our traders can still compete.All they have to do is to ensure that they increase the quality plus offer more competition regarding prices.We need to learn a lesson or two from China regarding export.

 

[Guest01]

Indian friends...it looks very much odd though...but you guys are so much excited to support the BD decision to block pakistan move...Do nt you guys think it is the responsibilty of BD member to justify the rationality behind this move....How does it matter to Indian friends wheather BD suuport or goes against Pakistan......We have to really come out of this anti pakistan mood ....sometimes it is really boaring that you guys start advocating a point without knowing wheather it is needed to be justified...

I have seen that couple of guys are simply justifying BD deciscion....This is really weird...

Bro, if you see the bottom of it then it is only incidentally anti-Pakistani. In true sense it is only an member state simply asking for no special treatment to another member state. For the economic order to move ahead, it is a must that true competencies drive the competitive edge rather than unilateral concessions. Bangladesh could have agreed to this move even when at least there was a transfer pricing mechanism derived to absorb the savings of the Pakistani textile exporters, but what was proposed by the EU unilateral waiver was actually an out and out tariff discrimination for Pakistan. And there is no shame in calling that unfair and unacceptable.

 

[genmirajborgza786]

1. You are saying this because u have not personally suffered..

2. BD leaders are not insane they look for their national interest first and not go by as US dictates them like India have supported pakistan.

3. It is the BD which will be most affected and there will be job loss in BD because of concession to pak.

you have a point,but the way i see it, this should not be the only out come, not necessarily thus i still maintain that BD should have opted for concession to pak instead of opposing it.

regards

 

[Guest01]

you have a point,but the way i see it, this should not be the only out come, not necessarily thus i still maintain that BD should have opted for concession to pak instead of opposing it.

regards

You really have to see the impact of these trade concessions on Bangladesh. Even when coming from a pro-concession motivated source from Pakistan, the actual monetary impact on Bangladesh could have been to the tune of Euro 4.3 Billon. That is a lot of export and forex revenue for any country.

The proposal is biased towards reducing in short term the exports from other countries and giving preference to Pakistani exports in to EU by reducing the duty on the Pakistani exports by as much as 20%. Even in medium term this could have led to the loss of competitiveness of Bangladeshi exporters and hence the closure of units in Bangladesh. In the long term the impact of the economic opportunity loss would have been increasingly severe.

Hence it is not a small matter of a yes or no. May be not for India but for Bangladesh surely yes. It is good to help others but not at the cost of someone else. If EU really is feeling sympathetic towards the effected people in Pakistan (as it rightly should) then it should create a transfer pricing situation and send aid against the duty waiver (of 20%) value rather than giving outright concession. Afterall the objective is to help the people who are suffering due to the floods rather than a profitable bonanza for the textile exporters of Pakistan who are anyway proven to not paying taxes in general.


Check out this link. Even when from a motivated Pakistani source, if you read the numbers you will get the impact of this decision on Bangladesh.

http://www.prgmea.com/pdf/99743.pdf

 

[KS]

P.S: Hasina must have discussed it with India before taking this decision!!

So you have to edit your post to transfer the blame onto India. That speaks poor of your confidence in your own country and your urge to please the pakistanis.

Be proud that your PM has taken a decision keeping only the interests of her country in mind. I wish my PM was like that too.

 

[ramu]

I am so embarrased !

Sorry Pakistanis...

But rmg xport to EU and USA is the base of our economy.......

This is like giving my only Job to my jobless friend!!

Bangladesh has no other option!!! Sorry Again

P.S: Hasina must have discussed it with India before taking this decision!!

Very cute ...

First you say you have no option and then you put the blame on Hasina and try and imply that India is behind it.

Cute and cheap I must say.

 

[Dalai Lama]

Well done GoI.

 

[Zabaniyah]

I am so embarrased !

Sorry Pakistanis...

But rmg xport to EU and USA is the base of our economy.......

This is like giving my only Job to my jobless friend!!

Bangladesh has no other option!!! Sorry Again

P.S: Hasina must have discussed it with India before taking this decision!!

India actually supported Pakistan during the deal.

@Indians and Pakistanis:
The Awami League are generally extremely anti-Pakistani. In fact, they are extremists. Believe me, I have personally met many of them.

 

[Varad]

Maybe they are also expecting something like MFN and if they are already MFN than this is a shocker for Pakistan.

---------- Post added at 03:42 PM ---------- Previous post was at 03:41 PM ----------

I am so embarrased !

Sorry Pakistanis...

But rmg xport to EU and USA is the base of our economy.......

This is like giving my only Job to my jobless friend!!

Bangladesh has no other option!!! Sorry Again

P.S: Hasina must have discussed it with India before taking this decision!!

Very clever dude.

 

[Zabaniyah]

That speaks poor of your confidence in your own country and your urge to please the pakistanis.

Actually, Bangladeshis generally have little confidence in their leaders. It doesn't have anything to do with pleasing Pakistan. It is business as usual. If you don't have competition, quality will degrade.

Be proud that your PM has taken a decision keeping only the interests of her country in mind. I wish my PM was like that too.

You can never expect anything good from Hasina.

 

[genmirajborgza786]

Well done GoI.

yes india has taken a good step towards india/pakistan relations by voting in support of pak i mean they faced two natural disasters in two consecutive years, india has shown heart & i truly admire that, i am all for pak granting MFN status to india projects like free trade,IPI pipeline, transit access to each other, liberal visa policy etc (makhan) sorry i mean butters, i live in canada been to U.S by road the border is so damn peacefull just go to nigara on the canadian side & you can just walk in the other side for shopping & some & dunkin donuts & ihop, it's nothing like the india-pakistan border that area is simply weird you have this heavily armed militaries ! on both side's , blowing one's nostrils off ( no, literally) it's time we came of this pathetic environment, & instead have heavily armed (prosperous,intelligent young professional entrepreneurs on both side's of the border ) Traders

 

[LaBong]

Actually, Bangladeshis generally have little confidence in their leaders. It doesn't have anything to do with pleasing Pakistan. It is business as usual. If you don't have competition, quality will degrade.



You can never expect anything good from Hasina.

So what is Khaleda's stand in this issue?

 

[genmirajborgza786]

I am so embarrased !

Sorry Pakistanis...

But rmg xport to EU and USA is the base of our economy.......

This is like giving my only Job to my jobless friend!!

Bangladesh has no other option!!! Sorry Again

P.S: Hasina must have discussed it with India before taking this decision!!

friend your statement contradicts your self @ the end

 

[Guest01]

yes india has taken a good step towards india/pakistan relations by voting in support of pak i mean they faced two natural disasters in two consecutive years india has shown heart & i truly admire that, i am all pak granting MFN status to india projects like free trade,IPI pipeline transit access to each other, liberal visa policy (makhan) sorry i mean butters, i leave in canada been to U.S by road the border is so damn peacefull just go to nigara on the canadian side & you can just walk in the other side for shopping & some & dunkin donuts & ihop, it's nothing like the india-pakistan border that area is simply weird you have this heavily armed militaries ! on both side's , blowing one's nostrils off ( no, literally) it's time we came of this pathetic environment, & instead have heavily armed (prosperous,intelligent young professional entrepreneurs on both side's of the border ) Traders

Bro, it is good for India and Pakistan to have peace. Overall very good. Best thing to have. But the question is that why do you expect Bangladesh to knock off its revenue just because India and Pakistan could have better borders. Bangladesh has recurrent disasters, every year. So for them to forfiet a monetary opportunity will just be foolish and self defeating.

India anyway took back the opposition so there is nothing that brings India in this scenario except for some members here having fun about this situation. But by the end of it, it boils down for the national interest of Bangladesh. None of the countries in this region have pockets to extend largesses at the cost of its own people. So looking at it from Bangladesh's point of view, it is fair decision man. Specially considering 4.3 Billion euros annual revenue loss probability with such a skewed duty concession to Pakistani textile exporters!