Background: Bangladesh came into existence in 1971 when Bengali East Pakistan seceded from its union with West Pakistan. A third of this desperately poor country annually floods during the monsoon rainy season hampering normal economic development.
Environment Current issues: many people are landless and forced to live on and cultivate flood-prone land; limited access to potable water; water-borne diseases prevalent; water pollution especially of fishing areas results from the use of commercial pesticides; intermittent water shortages because of falling water tables in the northern and central parts of the country; soil degradation; deforestation; severe overpopulation
Legislative branch: unicameral National Parliament or Jatiya Sangsad (330 seats; 300 elected by popular vote from single territorial constituencies 30 seats reserved for women; members serve five-year terms)
Judicial branch: Supreme Court the Chief Justices and other judges are appointed by the president
Political parties and leaders: Awami League or AL [Sheikh HASINA Wajed]; Bangladesh Communist Party or BCP [Saifuddin Ahmed MANIK]; Bangladesh Nationalist Party or BNP [Khaleda ZIAur Rahman]; Jamaat-E-Islami or JI [Motiur Rahman NIZAMI]; Jatiyo Party or JP [Hussain Mohammad ERSHAD]
International organization participation: AsDB C CCC CP ESCAP FAO G-77 IAEA IBRD ICAO ICC ICFTU ICRM IDA IDB IFAD IFC IFRCS IHO (pending member) ILO IMF IMO Inmarsat Intelsat Interpol IOC IOM ISO ITU MINURSO MONUC NAM OIC OPCW SAARC UN UN Security Council (temporary) UNCTAD UNESCO UNHCR UNIDO UNIKOM UNMIBH UNMIK UNMOP UNMOT UNOMIG UNTAET UNU UPU WCL WFTU WHO WIPO WMO WToO WTrO
Flag description: green with a large red disk slightly to the hoist side of center; the red sun of freedom represents the blood shed to achieve independence; the green field symbolizes the lush countryside and secondarily the traditional color of Islam
Economy overview: Despite sustained domestic and international efforts to improve economic and demographic prospects Bangladesh remains one of the world's poorest most densely populated and least developed nations. The economy is largely agricultural with the cultivation of rice the single most important activity in the economy. Major impediments to growth include frequent cyclones and floods the inefficiency of state-owned enterprises a rapidly growing labor force that cannot be absorbed by agriculture delays in exploiting energy resources (natural gas) inadequate power supplies and slow implementation of economic reforms. Prime Minister Sheikh HASINA Wajed's Awami League government has made some headway improving the climate for foreign investors and liberalizing the capital markets; for example it has negotiated with foreign firms for oil and gas exploration better countrywide distribution of cooking gas and the construction of natural gas pipelines and power plants. Progress on other economic reforms has been halting because of opposition from the bureaucracy public sector unions and other vested interest groups. The especially severe floods of 1998 increased the country's reliance on large-scale international aid. So far the East Asian financial crisis has not had major impact on the economy.
Exports: $5.1 billion (1998) Commodities: garments jute and jute goods leather frozen fish and seafood Partners: US 33% Germany 10% UK 9% France 6% Italy 5% (1997)
Imports: $8.01 billion (1998) Commodities: machinery and equipment chemicals iron and steel textiles raw cotton food crude oil and petroleum products cement Partners: India 12% China 9% Japan 7% Hong Kong 6% South Korea 6% (1997)