[🇧🇩] Turkey---A Strategic Partner of Bangladesh

[Saif]

Source : https://www.thedailystar.net/business/news/bd-turkey-can-be-trade-gateways-between-europe-south-se-asia-3609071

BD-Turkey can be trade gateways between Europe, South & SE Asia
Turkish business leaders discussed bilateral trade potential with FBCCI president

Bangladesh and Turkey can serve as the gateway of trade and business between Europe and South and Southeast Asia, said Mahbubul Alam, president of the Federation of Bangladesh Chambers of Commerce and Industry (FBCCI).

"Bangladesh and Turkey offer huge untapped potential of trade and business," he said while addressing a visiting delegation from the Foreign Economic Relations Board of Turkiye and the Turkiye-Bangladesh Business Council today at the FBCCI headquarters in Dhaka.

He said Turkey has a unique geographic position, lying partly in Asia and partly in Europe, a bridge between the two continents.

Likewise, situated at the foothills of Himalayas, Bangladesh is also the gateway of regions like the Association of Southeast Asian Nations (Asean) and the South Asian Association for Regional Cooperation (Saarc), according to a press release.

"Thus, both Bangladesh and Turkey could serve as the gateway of trade and business between Europe and South & Southeast Asia," he said.

He said the relations between Turkey and Bangladesh are based on strong historical and cultural roots.

Both nations have expanded beyond traditional ties into a prosperous trade and investment partnership, he added.

In 2022-23 fiscal year, Bangladesh's exports to Turkey stood at $495.81 million and imports from Turkey stood at $380.3 million.

At present nearly 20 large Turkish companies are directly operating in Bangladesh in the areas of garments and textiles, accessories, chemicals, engineering, construction; and energy.

Also, over 100 Turkish companies have representatives in Bangladesh, according to the FBCCI.

Alam expressed optimism about future cooperation between the two countries in different areas such as pharmaceuticals, tourism, jute, and technology.

He called for the activation of trade promotional activities and proposed cooperation in developing high-tech products and tourism infrastructure.

Hidayet Onur Ozden, chairperson of the Turkiye-Bangladesh Business Council and leader of the delegation, said there are many opportunities to strengthen the bilateral trade between the two countries.

The trade and business ties between Bangladesh and Turkey are improving day by day and it is time to bolster the growth of economic prosperity of the two nations, he added.​

 

[Saif]

Erdoğan congratulates Yunus, offers Turkish assistance for flood victims

Turkish President Recep Tayyip Erdoğan made a phone call to Bangladesh Chief Adviser Professor Muhammad Yunus today, congratulating him on his assumption as the head of the Interim Government

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Erdoğan congratulates Yunus, offers Turkish assistance for flood victims

Chief Adviser Professor Muhammad Yunus (Left) and Turkish President Recep Tayyip Erdoğan. File photo

Turkish President Recep Tayyip Erdoğan made a phone call to Bangladesh Chief Adviser Professor Muhammad Yunus today, congratulating him on his assumption as the head of the Interim Government.

During the call, President Erdoğan condoled the loss of valuable lives in the flood-affected areas of Bangladesh.

He said Turkey would provide humanitarian aid to the flood-stricken people.

Chief Adviser Yunus thanked the Turkish president, who is a long-time friend of the 2006 Nobel Peace laureate.

Yunus said he and the Turkish First Lady Emine Erdoğan are members of a high-profile UN zero-waste forum.

He called for increased trade with Turkey and said Bangladesh would need Turkish investment in key sectors, including manufacturing, in which Turkey is a formidable global power.

President Erdoğan said he would soon send a high-powered delegation to Bangladesh in their efforts to help rebuild the country.

He invited the chief adviser to visit Turkey. Professor Yunus accepted the offer, saying he would visit the country at a convenient time.

The chief adviser also invited President Erdoğan to visit Bangladesh. He also accepted the offer.​

 

[Saif]

Turkish trade minister to arrive in Dhaka tomorrow

The visit will focus on potential collaborations in sectors such as infrastructure, energy, health tourism, mining, logistics, e-commerce, defence and clean energy, reported Turkish news agency Anadolu Agency yesterday

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Turkish trade minister to arrive in Dhaka tomorrow

Ömer Bolat

Turkish Trade Minister Ömer Bolat, accompanied by a large delegation of business representatives, is set to visit Bangladesh tomorrow to explore new cooperation opportunities and strengthen economic ties between the two countries.

The visit will focus on potential collaborations in sectors such as infrastructure, energy, health tourism, mining, logistics, e-commerce, defence and clean energy, reported Turkish news agency Anadolu Agency yesterday.

Bolat is set to hold bilateral meetings with Chief Adviser Prof Muhammad Yunus and Commerce Adviser Sheikh Bashir Uddin.

The Turkish delegation includes officials from key business associations, including the Turkish Exporters Assembly (TIM) and the Foreign Economic Relations Board (DEIK).

During the visit, prominent Turkish and Bangladeshi business leaders will gather to discuss ways to enhance bilateral trade and investment.

He will also meet with Turkish businesspeople in Bangladesh to address current challenges and explore future cooperation opportunities in the post-Sheikh Hasina era.

Additionally, Bolat will hold talks with Bangladeshi graduates of Turkish universities to strengthen cultural and educational ties.

The visit highlights Türkiye's ongoing efforts to deepen its relationship with Bangladesh. Officials see it as a significant step in reinforcing the economic partnership between the two countries, building on their historical ties.

In 2024, according to official figures, the trade volume between Türkiye and Bangladesh exceeded $1.3 billion.​