UNB: In the following five decades, friendly and multifaceted ties between Germany and Bangladesh have developed and Bangladesh is now an important economic and political partner for Germany.
“Today, the focus of the bilateral cooperation lies on managing the consequences of climate change, as well as ways to achieve sustainable economic growth and stability in the region,” said a statement of the German Federal Foreign Ministry issued on the eve of the 50th anniversary of diplomatic relations between Bangladesh and Germany.
On 4 February 1972, the Consulate General of the Federal Republic of Germany in Dhaka sent a Verbal Note to the Foreign Ministry of the Republic of Bangladesh.
With more than 164 million inhabitants, Bangladesh is the eighth largest country in the world in terms of population. This makes it one of the most densely populated countries in the world.
“The economy of the up-and-coming country continues to grow rapidly, even during the Covid-19 pandemic, and the poverty rate has been halved since 2000,” reads the statement.
By 2026, it said Bangladesh will have officially left the status of a Least Developed Country (LDC), and by 2041, the country aims to become a high-income industrialized country (HIC).
For 50 years, Germany has been working closely with Bangladesh in development cooperation. Germany has contributed around 3 billion Euros to bilateral development projects. The next bilateral consultations are scheduled for this year.
The focus of the cooperation is adaptation to the consequences of climate change and climate protection measures aimed at making Bangladesh’s dynamic growth sustainable, said the German Foreign Ministry statement.
In addition, German said Bangladesh is a pilot country for the Federal Foreign Office in which it is successfully supporting measures for early warning and risk prevention in the event of natural disasters.
“Bangladeshis already exposed to a number of hydro-meteorological and seismic risks and is increasingly having to cope with the consequences of climate change. 10% of the country is no more than one meter above sea level, and around 25 million people live in the coastal regions. Their livelihoods are threatened by flooding, monsoon storms and soil salination.”
It said Bangladesh’s economic success is primarily based on its textile industry, which accounts for 10% of the gross national product and 80% of the export earnings – Bangladesh is the world’s second largest exporter of textiles.
Germany, as the second largest importer of products from Bangladesh, is a close economic partner of the country.
“This also means that the German economy has the responsibility to work with the governments of both countries to ensure compliance with fundamental social and environmental standards in production. Germany and Bangladesh are therefore in close bilateral dialogue,” the statement said.
On regional stability, it said despite its high population density, Bangladesh welcomed over 900,000 Rohingya refugees from Myanmar in 2017. Their situation remains extremely difficult.
With more than 700,000 residents, the camp in Cox’s Bazar is the largest refugee camp in the world. Germany supports Bangladesh’s efforts through, among others, humanitarian assistance and development cooperation funds.
