Economic Relations

The TATA investment of US$3 billion in Bangladesh, by far the largest foreign investment in the country, has run into rough weather over the pricing of gas. Dhaka rejected Tata's initial 2004 offer of $1.10 per unit of gas to be supplied over a twenty-year period, seemingly favouring the price to be at par with international prices. As per the new proposal submitted in April 2006, the price that Tata has offered is $3.10 for thousand cubic feet (MCF) of gas for its fertiliser plant and $2.60 per MCF for its proposed steel plant.

• Smruti S. Pattanaik
• May 11, 2006
• IDSA Comments

The socio-economic history of Russia demonstrates that its ‘place’ in global economic relations has been subject to complex cyclical processes. The country entered the 20th century with a high growth rate and burgeoning industrialisation that included significant foreign capital. Historically exports primarily included raw materials such as grain and timber while imports consisted largely of machinery and consumer goods.

• Leonid Grigoryev
• Strategic Analysis