Bangladesh–Bulgaria relations

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Bangladesh-Bulgaria relations

Bangladesh

Bulgaria

Bangladesh–Bulgaria relations refer to the bilateral relations between Bangladesh and Bulgaria. Relations between the two countries have been regarded as cordial with both the nations showing willingness to strengthen it further. Bulgaria was also one of the few countries that recognized Bangladesh soon after its independence in 1971.[1][2][3]

Cooperation

Agriculture, technology, cultural activities are the potential fields for bilateral cooperation between the two countries.[4] In 2014, Bangladesh and Bulgaria signed an MoU on Foreign Office Consultation to hold regular consultations between the governments of the two countries in the areas of mutual cooperation.[5]

Economic relation

Bangladesh and Bulgaria have shown mutual interest to expand the bilateral economic activities between the two countries and have been working in this regard.[6] Bangladeshi ready made garments, leather and jute products, ceramic and pharmaceuticals have been identified as having huge potential in Bulgarian market.[7] Besides, ready made garments, textile, energy, petroleum, leather, ceramic, pharmaceuticals and agro-processing industries have been identified as potential sector where Bulgarian entrepreneurs could invest.[8]

References

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