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German firms eye Bangladesh amid US-China tariff war

32 1
18.04.2025

A German high-level business delegation visited Bangladesh this month to explore the possibility of expanding commercial relations between the two countries.

The delegation — including representatives from the German Foreign and Economic ministries, as well as officials from the nation's export credit agency and the international development agency — participated in the Bangladesh Investment Summit 2025 in Dhaka and held talks with the South Asian country's interim government.

The mission was coordinated by the German Asia-Pacific Business Association (OAV), a network that promotes German business interests across Asia.

"Bangladesh's resilience as an emerging market is impressive," said Thomas Köning, CEO of Ospig GmbH and a member of the delegation. "The presented macroeconomic figures and input factors important for prospective investors look very promising," he added.

Almut Rössner, executive board member of OAV, said the aim of the trip was "to learn, collect information, establish contacts and engage with leading figures of the interim government in order to provide German companies and relevant authorities with an updated and accurate picture of the reform policies and investment climate in Bangladesh."

Germany and Bangladesh share close economic relations, with bilateral trade amounting to €8.6 billion ($9.8 billion) in 2023.

Germany is the second-biggest export market for Bangladesh, with textiles accounting for more than 90% of Bangladeshi........

© Deutsche Welle