9 hrs ago

Bangladesh Weighs BRICS Benefits After Tarique Rahman Skips Summit

Bangladesh Weighs BRICS Benefits After Tarique Rahman Skips Summit
Bangladesh media discusses BRICS, options for alternate growth mechanisms · thehansindia.com

BRICS is a group of countries that wants to increase cooperation and influence for developing nations.

Bangladesh is not a BRICS member.

Its prime minister was invited to the summit because Bangladesh currently leads BIMSTEC, a regional cooperation group.

Tarique Rahman decided not to attend the meeting in New Delhi.

Some experts said he should have gone to meet other leaders and discuss Bangladesh’s interests.

Other experts said Bangladesh would not lose much because Rahman already has, or will have, meetings with important foreign leaders.

Bangladesh also works with the New Development Bank, which has approved substantial financing for projects in the country.

The newspapers said BRICS could help Bangladesh find money, trade opportunities, and new diplomatic partnerships, but membership or cooperation does not guarantee success.

Key facts

Summit
The 18th BRICS Leaders’ Summit took place in New Delhi.
Bangladesh’s status
Bangladesh is not a BRICS member-state.
Invitation basis
Tarique Rahman was invited as chairperson of BIMSTEC.
New Development Bank
Bangladesh has been a member since 2021.
Reported financing
The bank’s approved financing for Bangladesh had reached about $450 million by the end of 2025.
BRICS membership
The grouping comprises 11 countries, according to the reports.
Earlier participation
Sheikh Hasina attended the BRICS-BIMSTEC Outreach Summit in Goa in October 2016.

Quotes

Bangladesh Business Standard

Bangladeshi newspaper reporting on Rahman’s invitation and absence from the summit

“Bangladeshi Prime Minister Tarique Rahman was invited as the current chairman of BIMSTEC……, but did not attend”
thehansindia.com
“A viable financial base has already been laid for this”
thehansindia.com

Sources

Related news