Bangladesh and Japan have concluded six landmark bilateral cooperation documents and secured $295.5 million (46.56 billion Japanese Yen) in fresh loan commitments during Prime Minister Tarique Rahman's landmark four-day official state visit to Tokyo.
Briefing reporters on Thursday, October 29, 2026, Deputy Press Secretary Shahadat Swadhin outlined the key achievements of the state visit, undertaken from October 26 to October 29 upon the invitation of Japanese Prime Minister Sanae Takaichi. The Prime Minister was accompanied by a high-level delegation including Finance and Planning Minister Amir Khosru Mahmud Chowdhury, State Minister for Foreign Affairs Humayun Kabir, and Bangladesh Investment Development Authority (BIDA) Chairman Ashik Chowdhury.
The financial package includes $295.5 million in loans split across two priority development projects: 30.68 billion yen ($194.7 million) for the Upazila Governance and Development Project (Phase II) and 15.88 billion yen ($100.8 million) for the Investment Climate Improvement Project. Additionally, Japan extended a 2.12 billion yen ($13.44 million) grant to supply a modern coastal patrol vessel to enhance Bangladesh's maritime security capabilities. The signed instruments also comprise Memorandums of Cooperation (MoCs) spanning trade and business environment development between Japan's METI and Bangladesh's ERD, agriculture, fisheries and livestock, skill development employment programs (ESDP), and a Letter of Intent (LoI) on climate change cooperation.
— Daily Best News Desk • Fearless in the search for truth
Reported by Staff Reporter • Edited by the Daily Best News desk. Send corrections to [email protected].
