Bangladesh on Wednesday underscored its interest in advancing a forward-looking partnership with the European Union (EU), infusing fresh dynamism into bilateral engagement to realise the untapped potential of the relations.
During the fifth round of diplomatic consultations in Dhaka, both sides exchanged views on democratic governance, human rights, and the rule of law while discussing migration and skills development.
Bangladesh highlighted the importance of preferential market access in underpinning its trade relations with the EU and outlined its perspective on ensuring continuity of such arrangements in the future including through possible instruments such as a Free Trade Agreement (FTA) and an Investment Protection Agreement (IPA).
Foreign Secretary Asad Alam Siam and Managing Director for Asia Pacific of the European External Action Service Erik Kurzweil co-chaired the meeting in Dhaka that reflected the growing strategic importance of Bangladesh-EU relations.
The two sides renewed commitment to deepening a long-standing and multifaceted partnership between Bangladesh and the European Union.
The consultations, convened after a pause of nearly five years, provided an opportunity to review the breadth of bilateral cooperation of mutual interest, said the Ministry of Foreign Affairs.
The meeting reviewed the current state of Bangladesh-EU relations and discussed avenues for further engagement across priority sectors.
The discussions welcomed the recent ‘initialling’ of the Partnership and Cooperation Agreement (PCA) and noted the expectation that following completion of the respective internal processes, the agreement would provide a structured and comprehensive framework for future cooperation.