assistance and technical cooperation agreements, with a number of other ones currently in the pipeline and expected to be finalized before the five-day visit ends.
Any truly bilateral agreement is a step forward toward a stronger economy and robust development. These new agreements between the two countries promise to open many doors, and are particularly exciting for Bangladesh’s development agenda, as 300 million Euros have been pledged toward supporting development projects.
Bangladesh foreign minister said that Dhaka intends to take bilateral relations to a “new height” through this visit. And this is exactly what Bangladesh should aim for, with a goal to continue expanding trade and technological cooperation.
France is already one of the largest export destinations for Bangladesh and these deals will help both countries increase socio-economic exchanges. Bangladesh should thus continue to take pro-active measures to continue strengthening relations.
With that in mind, particular focus should be on safeguarding its largest export to France — its RMG products. Under one of the recently signed agreements, France will provide 200 million euros (over Tk19 hundred crore) as budget support toward Covid-19 management. This can potentially play an important role in Bangladesh’s recovery from the Covid-19 impacts.
It is now the government’s responsibility to ensure that its success in securing these deals translates into successful implementation.
Bangladesh should also leverage its position as an “emerging market” to attract more foreign direct investment (FDI) from France. All in all, this will help our country bolster its bilateral trade an