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International cooperation

Japan Reaffirms Support for Bangladesh's Development Journey

Strategic Insights

— 1 min read

During a meeting at State Guest House Jamuna, Executive Senior Vice President of Japan International Cooperation Agency (JICA) Miyazaki Katsura reaffirmed Japan's commitment to supporting Bangladesh's development journey. The meeting was attended by Chief Adviser Professor Muhammad Yunus, who emphasized the importance of strengthening cooperation in areas such as investment, fisheries, and youth development. Professor Yunus also highlighted the significance of the Matarbari project, which he described as a crucial region for Bangladesh's future.

Key Takeaways:

  • Bangladesh remains one of Japan's most important partners in Asia, according to Miyazaki Katsura.
  • Japan is focusing on supporting reforms in Bangladesh's judiciary, public administration, local government, and health sector in preparation for the country's graduation from LDC status in 2026.
  • JICA is collaborating with local governments, companies, and universities in both countries to introduce advanced ICT human resource training through a Bangladesh-focused project.
  • Professor Yunus emphasized the importance of strengthening cooperation in areas such as investment, fisheries, and youth development, including education and sports.
  • The Chief Adviser requested Japan to increase scholarships for Bangladeshi young people to study in Japan and expand opportunities for employment.
  • Professor Yunus highlighted the significance of the Matarbari project, describing it as a crucial region for Bangladesh's future.
  • The Chief Adviser also raised concerns about the situation of Rohingya refugees and requested Japan's support.
  • Japan is already sending volunteers for schooling projects in many countries and may consider further cooperation in women's sports.
  • Professor Yunus thanked Japan for signing recent Loan and Grant Agreements worth over USD 1 billion for economic reforms, railway construction, and human resource development.

Statistics:

  • Bangladesh is set to graduate from LDC status in 2026.
  • Japan has already signed recent Loan and Grant Agreements worth over USD 1 billion for economic reforms, railway construction, and human resource development.
  • The Matarbari project is a crucial region for Bangladesh's future.
  • Professor Yunus emphasized the importance of maritime potential, with Bangladesh aiming to become a sea-based economy.

Sources:

  • "Executive Senior Vice President of Japan International Cooperation Agency (JICA) Miyazaki Katsura" (Thu, 2023)
  • "Chief Adviser Professor Muhammad Yunus"
  • "State Guest House Jamuna"

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