Diplomatic Correspondent
Published:2025-04-10 16:27:45 BdST
Germany sees promising efforts to improve business climate in BD
A German business delegation, which attended the Bangladesh Investment Summit, has expressed an interest in long-term and sustainable economic cooperation with Bangladesh.
From 6 to 10 April, the delegation held a series of high-level meetings with senior representatives of the government of Bangladesh, exchanging views on the current investment climate in Bangladesh and the ongoing reforms aimed at facilitating foreign direct investment.
The German side invited Bangladeshi government officials and delegations to visit Germany at their earliest convenience to make the attractiveness of Bangladesh for business more visible in Germany.
After the talks, German Deputy Head of Mission Jan Janowski said, “We heard detailed reform plans and progress updates on key issues from several high-ranking officials in the dynamic economic team of the interim government."
He said everyone was keen to listen to the perspectives and needs of the German stakeholders.
"This new spirit is an encouraging sign that Bangladesh will further improve its business environment.”
He further added, “We also touched upon the global tariff issues and heard encouraging reassurances that Bangladesh will work further to reduce non-trade barriers (NTB) for all its trading partners in accordance with WTO rules.”
Germany remains one of Bangladesh’s most significant economic partners, with bilateral trade totalling $9.81 billion in 2024, according to the German Embassy in Dhaka.
These high-level political meetings reflect Germany’s ongoing commitment to supporting Bangladesh’s development priorities, confidence in the country’s investment potential, and the enduring strength of German-Bangladeshi relations.
As part of their official programme, on April 9, the delegation met with Commerce Adviser Sk Bashir Uddin, Chief Adviser’s Special Envoy for International Affairs Lutfey Siddiqui, Executive Chairman of the Bangladesh Investment Development Authority (BIDA) Chowdhury Ashik Mahmud Bin Harun and the Governor of Bangladesh Bank Ahsan H Mansur.
The meetings took place on the sidelines of the Bangladesh Investment Summit 2025, where the German delegation actively participated in sectoral sessions and investment dialogues.
The visit is organised in cooperation with OAV – the German Asia-Pacific Business Association – which plays a key role in fostering German business engagement across Asia and supporting bilateral economic partnerships.
Unauthorized use or reproduction of The Finance Today content for commercial purposes is strictly prohibited.