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Economics of "Proposed Sub-regional Cooperation"
Mahbubur Sohel Mahbubur_Sohel@baruch.cuny
New York. USA:
I did not read the full text of proposition but I think this is a wonderful idea. This could be proto type model for Nafta or EU. From economic point of view it absolutely make sense. But you need a tremendous political will to implement this agreement. Current administration needs to invest enormous amount of political capital to achieve this goal. I think Bangladesh and India should have free trade agreement like Canada and US used to haveand this Including free flow people. Citizen of both country should travel । each other, cou ptry at ।. least tor 190 day without vi^m. > Bangladesh have Mniite'd ' amount of natural rtsddrces and Capitals to inctedse the'U^-1 ‘ ing standard and compete with other neighbours. 1 think only way Bangladesg could achieve these goals through free market. This proposed agreement could put tremendous over domestic industries to become more efficient.Bangladesh has the potential to become regional economic super power. Bangladesh could impement this agreement for at least three years to see the expected result. If it does not produced the expected result this agreement should terminated with the request of either party. ‘Bangladesh could learn a lot of good lessons from this treaty. If this treaty could produced good result they Could move to the next league. But the people of Bangladesh should understand that not a single country could have first class economy with third class political system. There are lot of good examples like Russia and Mexico. If Bangladesh could not produced this kind of accords. Bangladesh will face dire con-sequinces in the near futue and
this kind of lousy politics will send the signal that Bangladesh can not compete. Bangladesh does not need world bank or nobel prize winner economist as advisor to turnaround. Its needs simple people with common sense and very stringent ethical standards.
What Bangladesh needs to do following things :
1. Mssive investment in infrastructural Roads.
ports.bridges.airports)
2. Legal reform regarding business laws.
3. Build new schools & hospitals.
4. Upgrade municipal services. 5. Modernization telecommunication systems.
’"6. Modernization of police ‘forc'e^. A,' J/idicipl. tp'.
.restor people's confidence.
’ 7. Establish ethics committi and independent counsel to monitor the activities of executive. legislitive and Judicial branches.
Farid Khan fred@aol.com Dallas. USA
Is it O.K. to form groups within a group? What is the purpose of keeping Pakistan out? Does Bangladesh gets any favor from India? If Pakistan needs to be kicked out from SARC; there must be reasons for it! What are the reasons? Why are we trying to woo India? Did India gave us our Independence? Or did we earn it from India as credit; and it's now time to pay the interest! Please forgive me to ask so many questions. I am not a poltician but I can sense that something awfully wrong Is being done. By the way, I do not trust K. Zia. Hasina or Ershad. They have ruined the system required to run the country efficiently. 1 hope and pray that justice is done to ail Bangladeshis.