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  1. Home
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  3. Pakistan and Bangladesh Seek Deeper Ties as Muhammad Yunus Assumes Role as Bangladesh’s Interim Chief Advisor

Pakistan and Bangladesh Seek Deeper Ties as Muhammad Yunus Assumes Role as Bangladesh’s Interim Chief Advisor

August 9, 2024 0 Comment

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Prime Minister Shehbaz Sharif expressed his intention to strengthen cooperation between Pakistan and Bangladesh, sending heartfelt wishes to Nobel laureate Muhammad Yunus following his appointment as the Chief Advisor of Bangladesh’s interim government. Yunus assumed the position after taking the oath on Thursday, marking a significant political shift in the South Asian nation.

Yunus’ Appointment Amid Political Turmoil

Muhammad Yunus, a globally recognized figure known as the “banker to the poor,” stepped into his new role after a wave of student-led protests led to the resignation of former Prime Minister Sheikh Hasina. Hasina was forced to flee the country earlier this week amid escalating tensions and calls for political reform.

Prime Minister Shehbaz Sharif acknowledged Yunus’ leadership, stating, “I hope to deepen cooperation between Pakistan and Bangladesh. We extend our best wishes to Muhammad Yunus in his new role.”

Yunus returned to Bangladesh from Paris, where he had been receiving medical treatment, after being nominated by student protesters who view him as a unifying figure capable of guiding the country through this transitional period. Known for his strong opposition to Hasina, Yunus is celebrated for his contributions to poverty alleviation and social entrepreneurship, having received the 2006 Nobel Peace Prize for founding Grameen Bank, which provides micro-loans to impoverished communities.

Historical Ties Between Pakistan and Bangladesh

Pakistan and Bangladesh share a rich history of diplomatic relations, established in December 1975. Today, Bangladesh stands as Pakistan’s largest trading partner in South Asia, with an annual bilateral trade volume between $800 to $900 million.

The Ministry of Foreign Affairs notes that Pakistan hosts a substantial Bengali-origin population, fostering a deep sense of fraternity and goodwill between the two nations. This shared history and common faith underpin strong people-to-people connections, further solidifying the bond between Pakistan and Bangladesh.

Cooperation on International Platforms

Both countries actively engage in institutionalized dialogues, such as Bilateral Political Consultations and the Joint Economic Commission, which aim to strengthen ties and address mutual concerns. Additionally, Pakistan and Bangladesh collaborate on various international platforms, including the United Nations and the Organization of Islamic Cooperation, reflecting their commitment to global peace and stability.

Looking Forward

As Muhammad Yunus takes charge of Bangladesh’s interim government, tasked with organizing elections for a new leadership, the political landscape in the region is poised for significant transformation. The world watches closely as Yunus, with his legacy of economic empowerment and social justice, endeavors to guide Bangladesh towards a democratic future.

Pakistan remains committed to fostering strong bilateral relations with Bangladesh, anticipating further cooperation and shared progress in the years ahead.

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