Bangladesh eyes partnership agreement for stronger trade ties with EU
EU Ambassador Michael Miller said trade plays a vital role in strengthening diplomatic and economic ties.
Commerce Adviser Sheikh Bashir Uddin has said that the European Union (EU) remains one of Bangladesh's largest trading partners and emphasised the significant potential for further expanding bilateral trade.
He made the remarks during a meeting with a delegation led by EU Ambassador to Bangladesh Michael Miller at the Secretariat yesterday (12 October). The meeting focused on enhancing trade, investment, and overall economic cooperation between Bangladesh and the European Union.
The adviser said that Bangladesh is keen to move forward with the implementation of a Comprehensive Economic Partnership Agreement (CEPA) and, eventually, a Free Trade Agreement (FTA)—based on feasibility studies and thorough analysis of trade data and opportunities.
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EU Ambassador Michael Miller said trade plays a vital role in strengthening diplomatic and economic ties.
Acknowledging that the EU currently runs a trade deficit with Bangladesh, he noted that both sides have the opportunity to benefit by addressing existing challenges in trade and investment.
The meeting was also attended by Commerce Secretary Mahbubur Rahman, Spanish Ambassador Gabriel Sistiaga, Danish Ambassador Christian Brix Moller, and deputy heads of mission from the French, German, Italian, and Swedish embassies. Abu Said Belal, Trade Adviser of Bangladesh's delegation to the EU, was also present.
