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