USA has suspendered GSP on Bangladesh RMG . What does it implicate. Government of Sheikh Hasina on this term was extra Gracious to US and US Companies . IOC Chevron got out of way favor of Energy Sector Management . Chevron was allowed to product at a very high rate from its operated gas field .It was allowed to build one mid stream component - a GTCL project under its Upstream Gas Field Development cost recovery mechanism. A hugely expensive gas Pipeline from Bibiyana - Dhanua is being built just to evacuate the gas from Chevron operated fields without carrying out detail feasibility study , US Company Conoco Philips got favor over other IOCs in Offshore Bidding . Harvard Educated PM advisors perhaps advised PM to favor US Companies giving her false panic. Now USA has suspended GSP hitting the Government below the belt. Perhaps some uncultured BAL think tank will try to blame Prof Yunus . But it is a failure Bangladesh Foreign Policy . Immature Dipu Moni failed in her diplomatic maneuvering .
Posted on: Fri, 28 Jun 2013 11:17:13 +0000