Prime Minister Sheikh Hasina
Prime Minister Sheikh Hasina on Monday said various resources of the Bay of Bengal can play an epoch-making role in the economic development of Bangladesh as mineral resources in the deep-sea blocks can be explored now without any dispute with the neighbours. More…
Myanmar President Thein Sein (right) shakes hands with Indian Prime Minister Manmohan Singh
India has agreed to provide Myanmar with a $500 million credit as one of 12 deals signed during the historic visit of Indian Prime Minister Manmohan Singh, aimed at boosting trade and energy links.
Singh, the first Indian premier to visit Myanmar in a quarter of a century, is on a three-day visit that underscores India’s quest for energy supplies in the Southeast Asian country. More…
Reposted from Reuters
By Michael Hogan
Bangladesh said on Wednesday a U.N. tribunal had ruled in its favour in a complex decades-old maritime border dispute with Myanmar and said the verdict opened the way for offshore oil and gas exploration in the Bay of Bengal.
Myanmar had claimed rights to part of an area Bangladesh has been trying to explore. At the peak of the dispute, both countries sent naval vessels to the disputed area, which is about 280 km from the Bangladeshi port of Chittagong. More…
Reposted from Eurasia Review Newsletter
By Medha Chaturvedi
After decades of isolation, Myanmar is again on the international radar. A series of high-level interactions with Western dignitaries including the US Secretary of State and the British Foreign Minister are indicative of this. While democracy in Myanmar is still in an embryonic stage, the international community seems to have opened its arms to the government of Myanmar. With the US indicating a withdrawal of economic sanctions against Myanmar in the near future, the biggest questions that come to mind are: Why now, and what next? More…
