Bangladesh, EU revive talks on trade, governance

Bangladesh and the European Union (EU) have renewed their commitment to deepening bilateral ties, with a strong emphasis on trade, governance and long-term strategic cooperation.

The issues came to light at the fifth round of diplomatic consultations held in Dhaka on Wednesday after a gap of nearly five years.

The consultations were co-chaired by Foreign Secretary Asad Alam Siam and Managing Director for Asia Pacific at the European External Action Service (EEAS), Erik Kurzweil, reflecting the growing importance both sides attach to the partnership.

The meeting reviewed the current state of Bangladesh-EU relations and explored avenues for expanding cooperation across key sectors, according to Foreign Ministry.

Both sides acknowledged the evolving global economic and geopolitical landscape and stressed the need for a forward-looking partnership that aligns with shared priorities.

A major highlight of the discussions was the recent initialling of the Partnership and Cooperation Agreement (PCA), which is expected to provide a structured and comprehensive framework for future engagement once internal procedures are completed.

Officials said the agreement would help institutionalise cooperation across a wide range of areas, including trade, investment, governance and sustainable development.

Trade remains at the core of Bangladesh-EU relations, with the EU being Bangladesh’s largest export destination, particularly for ready-made garments.

During the consultations, Bangladesh underscored the importance of continued preferential market access, especially in the context of its upcoming graduation from the least developed country (LDC) status.

Dhaka also outlined its interest in exploring future trade arrangements, including the possibility of a Free Trade Agreement (FTA) and an Investment Protection Agreement, to ensure long-term stability in economic relations. The EU side took note of these proposals, signalling openness to further dialogue.

Governance issues also featured prominently in the discussions. The EU acknowledged Bangladesh’s conduct of the February 2026 parliamentary elections, referring to the final report of the EU Election Observation Mission.

Both sides exchanged views on democratic governance, human rights and the rule of law, indicating a willingness to maintain constructive engagement on these issues.

Bangladesh expressed its intention to work closely with the EU under the newly formed government, which it said carries a strong public mandate.

Officials noted that this could inject fresh momentum into bilateral relations and help unlock untapped potential.

Cooperation in research and innovation emerged as another priority area. Bangladesh showed interest in expanding its participation in Horizon Europe, the EU’s flagship research programme, and in strengthening joint initiatives focused on knowledge exchange, technology transfer and capacity building.

Migration and labour mobility were also discussed, with Bangladesh highlighting progress in labour reforms and calling for expanded opportunities for safe and regular migration.

Both sides stressed the importance of joint efforts to combat human trafficking and irregular migration.
On climate change, Bangladesh reiterated its vulnerability and called for increased access to climate finance, technology transfer and support for adaptation measures.

The EU’s Global Gateway initiative was identified as a potential platform for advancing cooperation in climate resilience and infrastructure development.

The consultations also covered regional and global developments, including the ongoing crisis in the Middle East. Both sides reaffirmed their commitment to multilateralism and a rules-based international order.

Bangladesh once again highlighted the urgency of resolving the Rohingya crisis, urging sustained international attention and support for the displaced population.

The meeting concluded with both sides agreeing on the importance of regular diplomatic consultations to fully tap the potential of Bangladesh-EU relations and to maintain momentum in an increasingly complex global environment.