🇧🇩 Evolving Strategic Relationship between Bangladesh and France

[Saif]

France to provide Euro 300m budget support
FE REPORT
Published :
May 21, 2024 08:43
Updated :
May 21, 2024 08:43

Bangladesh has secured Euro 300 million in loan as budget support from France which will be disbursed over the next three years.

The France development partner-AFD on Monday confirmed the concessional loan through an agreement with the Economic Relations Division (ERD), a press release from the ERD said.

ERD Secretary Md Shahriar Kader Siddiky and AFD Deputy County Director for Bangladesh Cecilia CORTESE signed the loan agreement on Monday at ERD in Dhaka.

The Ambassador of France Marie Masdupuy was also present at the signing ceremony.

A senior ERD official said under a 3-year programme between the fiscal year (FY) 2023-24 and FY2025-26, Bangladesh will get Euro 100 million loans every year.

The AFD will also provide Euro 5.0 million as grants for building capacity of the different stakeholders involved in the implementation of the policy loan, the press release said.

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[Saif]

France hopeful of Airbus deal finalisation with Bangladesh soon: envoy

French ambassador to Bangladesh Marie Masdupuy on Wednesday said that Bangladesh’s deal with the Airbus—one for purchase of aircraft for the Biman Bangladesh Airlines and the other for satellite systems—would hopefully be finalised soon as discussions to the effect were going on well...

www.newagebd.net

France hopeful of Airbus deal finalisation with Bangladesh soon: envoy
Staff Correspondent 23 May, 2024, 00:16

| AFP file photo

French ambassador to Bangladesh Marie Masdupuy on Wednesday said that Bangladesh's deal with the Airbus—one for purchase of aircraft for the Biman Bangladesh Airlines and the other for satellite systems—would hopefully be finalised soon as discussions to the effect were going on well.

She said that there would be a significant progress in the deal for purchase of 10 aircraft and earth-observation satellite systems from the Airbus—the European multinational aerospace corporation—during the Bangladesh prime minister's forthcoming visit to France.

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