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Rohingya crisis

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  PM seeks OIC support to resolve Rohingya crisis Prime Minister Tarique Rahman today sought support from member states of the Organization of Islamic Cooperation to help resolve the Rohingya crisis. He made the appeal when ambassadors and high commissioners of OIC member countries stationed in Dhaka paid a courtesy call on him at his Cabinet Division office at the Bangladesh Secretariat this afternoon, according to Prime Minister’s Deputy Press Secretary Jahidul Islam Rony. During the meeting, the envoys congratulated Tarique Rahman on assuming office as Prime Minister. The OIC member states also reaffirmed their strong commitment to standing beside Bangladesh and strengthening bilateral cooperation in several sectors, including investment, trade, education, healthcare, textiles, and the pharmaceutical industry. Rony said the Prime Minister welcomed their remarks and, on behalf of the government and the people of Bangladesh, thanked the OIC countries for their continued support. T...
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Bangladesh Seeks U.S. Waiver to Import 600,000 Tonnes of Russian Diesel

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Fuel Crisis

Bangladesh Seeks U.S. Waiver to Import 600,000 Tonnes of Russian Diesel

Bangladesh has approached the United States for a temporary sanctions waiver to allow the import of Russian diesel, as turmoil in the Middle East disrupts global energy markets and tightens fuel supplies.

Officials said Dhaka is seeking a waiver similar to the one granted to India, proposing to import up to 600,000 tonnes of diesel from Russia.

“The letter has been submitted, and we are now awaiting a response,” said Monir Hossain Chowdhury, a joint secretary at the Energy and Mineral Resources Department.

The country of about 175 million people depends on imports for roughly 95% of its energy needs. To manage the shortfall, state agencies have increasingly turned to the volatile global market. The government has also introduced fuel rationing, although some restrictions were relaxed during Eid al-Fitr.

“We are trying to source fuel from multiple countries, including the United States, Russia, Uzbekistan, Kazakhstan, Angola, and Australia,” Chowdhury added.

At the same time, Bangladesh is increasing imports from existing partners. The Bangladesh Petroleum Corporation is set to import 40,000 metric tonnes of diesel from Numaligarh Refinery Limited in April—almost double the volume received in March, according to a senior BPC official.

Meanwhile, Bangladesh is seeking more than $2.5 billion in external financing to support imports of fuel and liquefied natural gas, as rising global prices and market volatility continue to put pressure on the country’s foreign exchange reserves.

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