Denmark for strategic sectoral cooperation in Bangladesh’s circular economy 

BSS
Published On: 12 May 2025, 19:04
The third round of Political Consultations between Bangladesh and Denmark was held today at the state guest house Padma in the capital. Photo: MoFA

DHAKA, May 12, 2025 (BSS) – Denmark today expressed its intention to developing a new strategic sectoral cooperation for Bangladesh in the area of circular economy, with a particular focus on the ready-made garments (RMG) sector.

The European nation also announced an additional allocation of 5 million US dollars to support Bangladesh’s democratic transition, in response to a request from the Bangladesh government.

These were revealed during the third round of Political Consultations between Bangladesh and Denmark that was held at the state guest house Padma in the capital, according to a joint press statement.   

The consultations were co-chaired by Bangladesh foreign ministry’s Director General (West Europe & EU) Md. Abul Hasan Mridha and Danish foreign ministry’s Director General for Asia, Oceania, Latin America, and the Caribbean Ambassador Thomas Lund-Sorensen.  

Bangladesh Ambassador to Denmark AKM Shahidul Karim and Danish Ambassador in Dhaka Christian Brix Møller also participated as part of their respective delegations.

During the Consultations, Denmark reiterated its continued commitment to supporting the interim government in its transition towards a peaceful, democratic, and equitable Bangladesh.

The Danish side also commended the interim government’s role in advancing the climate action agenda and emphasized continued cooperation under the bilateral Green Strategic Partnership Framework.

Both sides reaffirmed the enduring and friendly relations between Bangladesh and Denmark, grounded in mutual respect, shared values, and common aspirations. 

The two delegations held productive and wide-ranging discussions on political cooperation, trade and investment, development cooperation, climate change, green and just transition, maritime affairs, renewable energy, education, technology, people-to-people contacts, and regional and global issues of mutual interest.

The two sides reaffirmed their commitment to strengthening bilateral trade and investment, including through initiatives aimed at facilitating market access and promoting sustainable economic growth. 

They agreed to establish a Joint Trade and Investment Committee to unlock trade potentials and accelerate investments. Bangladesh also sought Denmark’s support for its bid to benefit from the EU’s GSP+ facility beyond 2029.

Bangladesh expressed its appreciation for Denmark’s longstanding development cooperation, particularly in the areas of good governance, agriculture, climate change, and the maritime sector. 

Both sides agreed to explore opportunities for expanded collaboration in areas such as water resource management, the blue economy, and green technology.

They also agreed to continue cooperation in education and cultural exchange, including academic collaboration, scholarships, and cultural programmes, in order to foster mutual understanding and strengthen people-to-people ties.

Denmark reaffirmed its continued humanitarian support for the forcibly displaced Rohingyas and the host communities in Bangladesh. 

The Danish side also reiterated its commitment to finding a durable solution to the crisis, including through the dignified, safe, voluntary, and sustainable repatriation of Rohingyas to Myanmar.

The two parties exchanged views on recent developments in their respective regions and reaffirmed their shared commitment to peace, stability, and regional integration.
 

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