The European Union (EU) aims to increase investment in Bangladesh, citing the country’s significant potential for European investors.

EU Ambassador to Bangladesh Charles Whiteley emphasized this during a meeting today.

Bangladesh enjoys a crucial trade relationship with the EU, with annual exports exceeding 24 billion euros to European markets, Whiteley highlighted.

The EU is committed to assisting Bangladesh’s elevation to developing nation status by 2026 and facilitating its transition to GSP Plus access in EU markets post-graduation.

Highlighting the need for enhanced EU investment in Bangladesh, the ambassador underscored the importance of taking proactive measures.

Whiteley made these remarks following a courtesy call on Finance Minister Abul Hassan Mahmood Ali in Dhaka.

During a subsequent meeting with members of the Economic Reporters’ Forum (ERF) at the minister’s office, the EU delegation expressed a keen interest in strengthening cooperation with Bangladesh.

ERF President Mohammad Refayet Ullah Mirdha and ERF General Secretary Abul Kashem also participated in the discussion.