Dhaka, Oct. 27 -- Japan and Bangladesh have decided to advance a special partnership initiative known as "Big-B" to enhance their shared capabilities and stability among a rapidly changing global situation.

The decision was announced in a joint statement after a bilateral meeting led by Bangladesh Prime Minister Tarique Rahman and his Japanese counterpart Sanae Takaichi at the Japanese premier's office "Kantei" in Tokyo on Tuesday.

It said that the initiative will be taken forward under the name "BIG-B for Shared Prosperity" to take the economic relations of the two countries to a new level.

Under this initiative, the two countries will work to integrate the development of power, energy, deep sea ports, industry and information and com...