Banner Advertiser

Tuesday, July 27, 2010

[ALOCHONA] Economy passing to alien hands

My comments are inserted below.

--- In alochona@yahoogroups.com, "kg" <kgazi@...> wrote:
>
> It is not Alochoks who are saying "Economy passing to alien hands", the article says it is none but BGMEA and BKMEA, the topmost national Trade bodies, who are saying so.
>
> As organizations running the largest garment industry in the world, we can be rest assured that 'BGMEA & BKMEA' know more "economics" than a few alochoks.
>
> 1) In which "foreign hands" has China been in? China has NEVER been under foreign hands, and still is, the most protected economy in the world.
>
TURKMAN: When had I said, China was in Foreign Hands? I had said Chinese 'Economy' has been in Foreign Hands and proof is, until China permitted Western Industrialists to start building their factories, China's Foreign Exchange Earnings were near Zero. China has grown because of Foreign Factories and had started her Foreign Exchange Earnings because of them.
--------------
> 2) Yet, just last week China gave Bangladesh DUTY-FREE access to 4000 items that BD can export to China. That happened only 1-month after Hasina met China's PM.
>
TURKMAN: Because China has over $ 2 trillion already accumulated in Foreign Exchange Reserves.
--------
> 3) And after 38 years, India is still dragging its feet, dangling the carrot to BD, for making a single item duty-free from BD to India. All this SAARC junk that India cooks, to attract (and decieve) its neighbors is basically a FAARCE.
>
TURKMAN: India has only less than $ 300 billion in Surplus Earnings of Foreign Exchange. She does not want to lose them.
---------------
> 3) Meanwhile India exports $3.5 Billion to BD, while BD exports almost nothing to India. The 'trade deficit' to India for BD is $3.5B.
>
TURKMAN: This should stop and India should at least let us equal her exports to us.
--------------
> 4) In the whole world 'TRADE' means "Give & Take policy", but for India 'trade' means "Give & Give". You have to GIVE everything to India, give them business, transit, water, land, borders, Talpotti, Teen-Bigha, Farakka, Tipaimukh - the list goes on.
>
TURKMAN: Not right.
---------------
> 5) But what has India given to BD since 1971?
> Ans: a well-built security wall all around BD, and daily killings of BD citizens at India borders.
>
> Should alochoks NOT be concerned about the Economy passing to alien hands??
>
> K. Gazi
>
TURKMAN: India should not be stopping BD Emigre by Barrel of Gun. This is violation of UN Charter and BD should seek relief from UN on this.
> --------------------------------
>
>
> --- In alochona@yahoogroups.com, "ANDREWL" <turkman@> wrote:
> >
> > If Foreign Investments and building of factories in Bangladesh is being considered 'Economy passing to Alien hands', China's Economy has been in Foreign hands for last quarter century. Are the Foreigners running Communist China and she is not a free country?
>


------------------------------------

[Disclaimer: ALOCHONA Management is not liable for information contained in this message. The author takes full responsibility.]
To unsubscribe/subscribe, send request to alochona-owner@egroups.comYahoo! Groups Links

<*> To visit your group on the web, go to:
http://groups.yahoo.com/group/alochona/

<*> Your email settings:
Individual Email | Traditional

<*> To change settings online go to:
http://groups.yahoo.com/group/alochona/join
(Yahoo! ID required)

<*> To change settings via email:
alochona-digest@yahoogroups.com
alochona-fullfeatured@yahoogroups.com

<*> To unsubscribe from this group, send an email to:
alochona-unsubscribe@yahoogroups.com

<*> Your use of Yahoo! Groups is subject to:
http://docs.yahoo.com/info/terms/