[🇧🇩] Partnership Between Bangladesh And South Korea

[Saif]

Korean FM greets Khalilur Rahman; eyes enhanced ties with Dhaka

South Korean Foreign Minister Cho Hyun has said he looks forward to working closely with his newly appointed Bangladesh counterpart Dr Khalilur rahman to further enhance the bilateral relations in the years to come. “I would like to extend my heartfelt congratulations on your appointment as

thefinancialexpress.com.bd

Korean FM greets Khalilur Rahman; eyes enhanced ties with Dhaka

Published :
Feb 24, 2026 22:33
Updated :
Feb 24, 2026 22:33

South Korean Foreign Minister Cho Hyun has said he looks forward to working closely with his newly appointed Bangladesh counterpart Dr Khalilur rahman to further enhance the bilateral relations in the years to come.

“I would like to extend my heartfelt congratulations on your appointment as Minister of Foreign Affairs of the People’s Republic of Bangladesh,” he said in a message to FM Dr Rahman, UNB reports.

Since the establishment of diplomatic ties in 1973, the Korean Foreign Minister said the Republic of Korea and the People’s Republic of Bangladesh have fostered strong ties of friendship and cooperation in a wide range of fields.

He conveyed best wishes for Dr Rahman’s continued good health and success, as well as the enduring prosperity of Bangladesh.​

 

[Saif]

Bangladesh, South Korea to strengthen trade, investment ties

Bangladesh and South Korea held a bilateral meeting on Sunday on the sidelines of the 14th WTO Ministerial Conference (MC14) in Yaound‚, Cameroon to enhance trade cooperation and mutual investment. The Bangladeshi delegation was led by Commerce Minister Khandaker Abdul Muktadir, accomp

thefinancialexpress.com.bd

Bangladesh, South Korea to strengthen trade, investment ties

BSS
Published :
Mar 30, 2026 12:08
Updated :
Mar 30, 2026 12:08

Bangladesh and South Korea held a bilateral meeting on Sunday on the sidelines of the 14th WTO Ministerial Conference (MC14) in Yaound‚, Cameroon to enhance trade cooperation and mutual investment.

The Bangladeshi delegation was led by Commerce Minister Khandaker Abdul Muktadir, accompanied by Commerce Secretary Mahbubur Rahman and other senior officials, said a press release here today.

The South Korean delegation was headed by Trade Minister Yeo Han-koo.

During the discussions, Muktadir highlighted that a new government led by Prime Minister Tarique Rahman was formed in February 2026 following a participatory election.

He emphasized the administration's visionary trade policies, market diversification strategies, and the ongoing pursuit of Free Trade Agreements (FTA) and Economic Partnership Agreements (EPA) as Bangladesh prepares for its LDC graduation.

The Commerce Minister informed his counterpart that Bangladesh has already concluded an EPA with Japan and is currently negotiating FTAs and Comprehensive Economic Partnership Agreements (CEPA) with several nations, including South Korea and Singapore.

He also expressed Bangladesh's interest in joining the Regional Comprehensive Economic Partnership (RCEP), noting that the country's strategic geographical location and large consumer market would be mutually beneficial.

Citing the success of South Korean investments in the readymade garments (RMG) sector, the Minister invited further investment, asserting that Bangladesh offers an attractive business environment for foreign investors.

South Korean Trade Minister Yeo Han-koo congratulated the newly formed Bangladesh government and characterised the country as a promising economy.

He expressed a keen interest in visiting Bangladesh soon and suggested that the Bangladesh-Japan EPA could serve as an effective model for ongoing bilateral trade negotiations.

Minister Yeo Han-koo noted that while current trade volumes are below their potential, there is significant room for growth in sectors such as shipbuilding, steel, manufacturing, and investment.

Both sides agreed to maintain regular communication at ministerial and expert levels to ensure tangible progress.

The meeting concluded with a reaffirmed commitment from both nations to strengthen bilateral relations and build a mutually beneficial trade and investment partnership.​

 

[Saif]

Bangladesh moves to sign FTA with S Korea

Commerce Minister Khandakar Abdul Muktadir on Saturday said Bangladesh is moving forward with discussions to sign a Free Trade Agreement (FTA) with South Korea to boost exports and strengthen bilateral trade ties. "The proposed FTA would open up new opportunities for Bangladesh's export sector and

thefinancialexpress.com.bd

Boosting Exports, Trade
Bangladesh moves to sign FTA with S Korea

FE REPORT

Published :
May 10, 2026 08:42
Updated :
May 10, 2026 08:42

Commerce Minister Khandakar Abdul Muktadir on Saturday said Bangladesh is moving forward with discussions to sign a Free Trade Agreement (FTA) with South Korea to boost exports and strengthen bilateral trade ties.

"The proposed FTA would open up new opportunities for Bangladesh's export sector and help local products become more competitive in global markets," he said while addressing a discussion after visiting the country's first beet sugar mill at Ramganj Bilashi Char in Debiganj upazila of Panchagarh.

Annual bilateral trade between Bangladesh and South Korea currently exceeds $3.0 billion. Bangladesh exports goods worth more than $600 million to South Korea, while imports from the East Asian country stand at over $2.4 billion.

Bangladesh mainly exports apparel items, including sweaters, T-shirts and non-knit men's suits, while importing refined petroleum products, pesticides and coated flat-rolled iron from South Korea.

More than 40,000 Bangladeshi students and skilled workers are currently residing in South Korea, he added.

"We are working to reduce cargo transportation and export costs so that Bangladeshi products can compete more effectively in global markets," the minister said.

He also stressed the need to fully digitise certification services of the Export Promotion Bureau (EPB) to ease complications faced by exporters.

"If necessary, branch offices may also be established in nearby areas for the convenience of entrepreneurs," he added.

The minister said the government remains committed to supporting innovative and export-oriented agro-industrial initiatives, including the country's first beet sugar project.​