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Joining BRICS will increase the honor of Bangladesh

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June 20, 2023 4:59 am
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Dhaka Bureau: Former Foreign Secretary Shamser Mobin Chowdhury disagreed with the term ‘BRICS’, a new field of geopolitics. He said, there is nothing of geopolitics here. Because BRICS is not a military but an economic alliance. Bangladesh’s honor may increase if it joins. In fact, since its formation, BRICS has yet to do anything or anything like that. He said these things while talking to Bhor paper. Foreign Minister recently visited Geneva.

AK Abdul Momen said that Bangladesh has been invited by BRICS. Bangladesh may get its membership next August. Since then it is being discussed in various countries including Bangladesh, India, China. It is also being said that if Bangladesh joins the BRICS, the dominance of the US dollar will decrease.

Shamser Mobin Chowdhury said, India and China, two members of BRICS, are our development partners. Most of the remaining countries are not markets for our products. So how will the dominance of the US currency diminish here?

What will be the alternative to the dollar? He said, loan installments can be paid in ruble or yuan. Is it actually going to do that? He said, in the monetary system, the US dollar is number one and the euro is number two. So an alternative currency is unlikely to come through BRICS. However, even if there is no radical change due to BRICS, the respect of Bangladesh will increase.

When asked to know the reason for the excitement in the Indian media after Bangladesh became a member of BRICS, this diplomatic expert said that maybe India got a supporting power for Bangladesh in BRICS. But it is BRICS but has not yet developed any project. However, it should go to the multilateral level and joining it will benefit Bangladesh. will not harm.

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