Bangladesh–European Union relations
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Bangladesh–European Union relations are the foreign relations between
Bangladesh Bangladesh (}, ), officially the People's Republic of Bangladesh, is a country in South Asia. It is the eighth-most populous country in the world, with a population exceeding 165 million people in an area of . Bangladesh is among the mos ...
and
European Union The European Union (EU) is a supranational political and economic union of member states that are located primarily in Europe. The union has a total area of and an estimated total population of about 447million. The EU has often been de ...
. The EU is the largest export destination of Bangladesh. The present ambassador of the EU to Bangladesh is Rensje Teerink.


History

In 2016 the Bangladesh-EU Dialogue on Migration Management was held in Meghna state guest house in Dhaka. The dialogue focused on irregular migrations and ways to manage it and raise awareness about it in Bangladesh. The EU has expressed its disappointment over new regulations concerning NGOs in 2016.


Cultural relations

The EU has campaigned to improve labor conditions, democracy and freedom of expression in Bangladesh. In 2013 Bangladesh signed the Sustainability compact with the EU to strengthen labor conditions in the country. The EU has also promoted the abolition of the death penalty in Bangladesh.


Economic relations

In 2001 the EU-Bangladesh cooperation agreement was signed which laid the foundation of trade relations. The European Union provided Bangladesh duty-free access to the Union market under the
Everything But Arms Everything but Arms (EBA) is an initiative of the European Union under which all imports to the EU from the Least Developed Countries are duty-free and quota-free, with the exception of armaments. EBA entered into force on 5 March 2001. There wer ...
(EBA) initiative. The European Union is Bangladesh's largest trading parting accounting for 24 percent Bangladesh's total trade. Bangladesh in the unions 35 largest trading partner. Clothing makes 90 percent of all export from Bangladesh to the EU. EU exports consists mostly of machinery and transport equipment at 49 percent. The Everything But Arms scheme is expected to end in 2021 when Bangladesh is predicted to graduate to the developing country bracket.


References

{{DEFAULTSORT:Bangladesh-European Union relations
European Union The European Union (EU) is a supranational political and economic union of member states that are located primarily in Europe. The union has a total area of and an estimated total population of about 447million. The EU has often been de ...