Bangladesh–Philippines_relations

Bangladesh–Philippines relations

Bangladesh–Philippines relations

Bilateral relations

Bangladesh–Philippines relations refer to the bilateral relations between Bangladesh and Philippines.[1]

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History

Relations between the Philippines and Bangladesh predate the modern establishment of these nations. Seafarers in the Bay of Bengal where modern Bangladesh is now located in, have been sailing and trading with Southeast Asia (The Philippines included) since the early Christian era.[2] In the 900s the Gupta Empire which had territory in Bangladesh spread South Asian culture to Southeast Asia (Including the Philippines) via trade.[3][unreliable source?] It may be in this era when Bangladesh, Srivijaya, and South India were under the same Chola dynasty was also when the half-Malay and half-Tamil Cholan prince Sri Lumay, founded the Rajahnate of Cebu. Later, in the midst of the Spanish colonial times, Bangladesh and South India have been a leading source of slave labour for the Philippines during the majority of the era.[4]

The Philippines as an independent nation, recognized Bangladesh on 24 February 1972, and establish diplomatic ties. It was one of the first countries to recognise Bangladesh after its Independence in 1971.[5] Bangladesh opened an embassy in the Philippines in 1981. Prime Minister Ataur Rahman Khan visited the Philippines in 1985. Prime Minister Sheikh Hasina visited in September 1997.[6] Bangladesh has a resident embassy in the Philippines and the Philippines has a resident ambassador in Bangladesh.[7][8]

Economic relations

Bangladesh imported goods worth US$78.22 million and imported goods from the Philippines worth 19.32 million 2013-2014 fiscal year.[9] Bangladesh is the third largest trading partner of the Philippines in South Asia.[10] On February 2016, US$81 million was stolen from Bangladesh Bank and was laundered through a bank in the Philippines.[11][12] The Philippines has repatriated $15 million of the stolen money.[13]

References

  1. [1]
    "PH sees expanded trade with Bangladesh". The Manila Times Online. Retrieved 25 April 2017.
  2. [2]
    in the Bay of Bengal in the Early Centuries AD By Himanshu Prabha Ray
  3. [3]
    Economic System of Ancient India: Maurya and Gupta Empire By Irin Akter
  4. [4]
    Peasants, Servants, and Sojourners: Itinerant Asians in Colonial New Spain, 1571-1720 By Furlong, Matthew J. "Slaves purchased by the indigenous elites, Spanish and Hokkiens of the colony seemed drawn most often from South Asia, particularly Bengal and South India, and less so, from other sources, such as East Africa, Brunei, Makassar, and Java..." Chapter 2 "Rural Ethnic Diversity" Page 164 (Translated from: "Inmaculada Alva Rodríguez, Vida municipal en Manila (siglos xvi-xvii) (Córdoba: Universidad de Córdoba, 1997), 31, 35-36."
  5. [5]
    "Bangladesh Embassy in Manila, Philippines". bangladeshembassymanila.org. Archived from the original on 18 April 2017. Retrieved 25 April 2017.
  6. [6]
    Rashid, Harun ur (2001). Foreign Relations of Bangladesh. Rishi Publications. p. 125. ISBN 9788185193250. Retrieved 25 April 2017.
  7. [7]
    "John Gomes new envoy to the Philippines". The Daily Star. 4 October 2012. Retrieved 25 April 2017.
  8. [8]
    "FBCCI stresses more Filipino investment in Bangladesh". The Daily Star. 17 April 2014. Retrieved 25 April 2017.
  9. [9]
    "Trade ties with Philippines to be strengthened". The Daily Star. 27 February 2015. Retrieved 25 April 2017.
  10. [10]
    Wadhva, Charan D.; Asher, Mukul G. (1985). ASEAN-South Asia Economic Relations. Institute of Southeast Asian Studies. p. 116. ISBN 9789971902988. Retrieved 25 April 2017.
  11. [11]
    "Bangladesh envoy: Bangladesh-PH relations not affected by money laundering scandal". CNN. Archived from the original on 20 November 2020. Retrieved 25 April 2017.
  12. [12]
    "Philippine bank says it preserves ties with big U.S. banks despite heist role". Reuters. 10 August 2017. Retrieved 25 April 2017.
  13. [13]
    "BB gets back $15m of stolen money from Philippines". The Daily Star. 13 November 2016. Retrieved 25 April 2017.
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