French President Emmanuel Macron witnessed the signature of a deal to facilitate loans to Bangladesh aimed at infrastructure development, as well as a letter of intent to provide the South Asian country with an earth observation satellite system.
Details remained unclear, with Bangladesh authorities saying they are still ironing out the details.
Bangladeshi media positively reported his visit, with many seeing it as a step to bring in investments from France in sectors where the United States, China and India are heavily engaged. Some even said the visit may have a political and strategic significance ahead of Bangladesh’s next general election expected in early January.
Hasina said both the leaders agreed to continue to work to ensure stability in the Asia-Pacific region as well as on projects involving impacts of climate change as Bangladesh is considered to be one of the worst victims of change of weather. Bangladesh has long been buying aircraft from the American company Boeing, but recently the government has signed an agreement with Airbus in which France has a major stake.Bangladesh’s main opposition party, led by former Prime Minister Khaleda Zia, has threatened to boycott the election if Hasina does not resign and hand over power to a caretaker government to oversee the next election. Zia’s party accused her of vote rigging in 2018.
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