Trade
14 days ago

Bangladesh "strategic partner" in trade, sustainable development: Germany

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Germany on Thursday said it views Bangladesh as a "strategic partner" in trade, investment, and sustainable development.

"All participants were deeply impressed by the business opportunities in various manufacturing sectors beyond the textile industry," said Executive Board Member of OAV-German Asia-Pacific Business Delegation Almut Roessner as the German business stakeholder delegation concluded a five-day visit to Bangladesh.

With total bilateral trade valued at USD 9.81 billion in 2024, this visit reaffirmed Germany's "confidence in Bangladesh's economic potential" and its commitment to building resilient and future-oriented partnerships, he said.

For Bangladeshi firms expanding their production to meet growing local and international demand, Roessner said German suppliers of specialised machinery and automation technology are highly attractive partners.

"Our multiple discussions with representatives of the interim government left us with the clear impression of a strong commitment to establishing a lasting reform agenda aimed at attracting more diverse investment to the country."

The delegation participated in the Bangladesh Investment Summit 2025 and engaged with a wide range of stakeholders in Dhaka and Chattogram.

The delegation included representatives from the German Federal Government, German business associations, and leading German enterprises.

Over the course of the visit, delegates met with senior government representatives, attended sectoral discussions at the Bangladesh Investment Summit.

They visited key industrial sites such as the German-Bangladeshi Joint Venture Hana System Ltd. in Gazipur, the WALTON Group, and logistics and ship recycling operations in Chattogram.

Site visits also included German-affiliated factories and infrastructure projects, offering a first-hand look at Bangladesh's evolving investment landscape, according to the Embassy of Germany in Dhaka.

The delegation was organised in cooperation with OAV - the German Asia-Pacific Business Association, which supports bilateral business cooperation and strengthens Germany's presence in emerging markets across Asia.

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