Professor Muhammad Yunus seeks to attract investments from Trump and Musk, amid a challenging political environment in Bangladesh following the removal of Hasina. While promising reforms and a commitment to democratic elections exist, security concerns and pressures from political factions remain significant challenges. Yunus is navigating complex internal and external issues as he leads the country towards potential stability and recovery.

Chief Adviser Professor Muhammad Yunus has expressed aspirations to attract significant investments in Bangladesh from notable figures such as former US President Donald Trump and entrepreneur Elon Musk. In an interview, he remarked, “Trump’s a dealmaker, so I say to him: come, do deals with us.” Yunus acknowledged that while a lack of interest from Trump would cause some challenges for Bangladesh, it would not impede the country’s democratic processes.

Yunus, previously supported by the Biden administration, recognizes that the restoration of democracy in Bangladesh may not be a priority for Trump’s administration. The Guardian highlighted that Trump had previously criticized US aid directed to Bangladesh, alleging misuse of funds intended for aiding political stability. In light of this, Yunus has reached out to Musk, inviting him to introduce his Starlink satellite internet services in Bangladesh, with expectations of Musk’s visit in April.

The political landscape is also marred by increasing tensions with Hasina’s government. Hasina has criticized Yunus, labeling him a “mobster” and accusing him of unleashing “terrorists” in Bangladesh. Yunus has voiced concern over Hasina’s attempts to politicize her exile in India, viewing it as a destabilizing factor for the country. Furthermore, with Trump potentially returning to the presidency, Yunus identifies this as an additional challenge.

Recent reports detail Yunus’ return to Bangladesh following a tumultuous political revolution that led to the removal of Hasina. Upon his arrival, he described the conditions as dire, likening the devastation to that of Gaza. Yunus, an economist and Nobel laureate, stepped into a leadership position after years of political persecution under Hasina’s regime, which was characterized by violence and corruption.

Yunus has initiated reforms, including prosecuting police officers for extrajudicial killings and dismantling secret detention centers. He has committed to holding Bangladesh’s first free elections in decades between December and March 2026, following which he intends to resign. However, apprehensions regarding his leadership efficacy and the pace of reform persist amidst rising pressure from various political factions.

Political unrest continues to challenge Yunus’s administration, with gangs perpetrating violence in Dhaka and various groups demanding accountability. Protesters recently showcased their discontent with government inaction. As public safety becomes paramount, Yunus refuted claims that security has deteriorated since Hasina’s departure; however, experts warn that the law-and-order situation risks spiraling.

Tensions are further compounded by statements from military officials regarding national security, which some interpret as criticism of Yunus’s governance. Yunus maintains that any issues stem from his predecessor’s mismanagement, describing Hasina’s administration as a “family of bandits” that fostered corruption.

Internationally, Yunus faces pressures rooted in diplomatic relations, particularly with India, which remains distant from engaging with his government. The formal extradition request for Hasina remains unaddressed, as Yunus assures that she will eventually face trial for her alleged crimes against humanity, even if in absentia.

In summary, Professor Muhammad Yunus aims to attract foreign investment from significant figures like Donald Trump and Elon Musk while navigating a complex political landscape in Bangladesh. Despite promising reforms and a commitment to free elections, challenges related to governance, public safety, and international relations persist. Ultimately, Yunus’s administration must address internal and external pressures to foster stability and credibility in the nascent democratic framework of the country.

Original Source: unb.com.bd

Related posts:

Bangladesh Invites Elon Musk’s Starlink to Enhance Internet Access and Diplomatic Relations Trump Dismisses U.S. Interference in Bangladesh, Urges Modi to Lead Trump’s Claim of $21M for India’s Voter Turnout Provokes Political Controversy Bangladesh’s Md Yunus Seeks to Rebuild Ties with India and Engage China