Bangladesh shines in the global ranking of garments export (2nd largest), rice production (4th largest), freshwater fish production (2nd largest), vegetable production (3rd largest). Bangladesh is now exporting pharmaceuticals to more than 140 countries.
Cheapest labour is one main reason for low production cost which thereby offers enormous opportunities to Bahrain in business and commerce. Indeed, a strong tie with Bangladesh is likely to become a game-changer!
Bangladesh has signed an agreement with the Kingdom of Bahrain on the Promotion and Reciprocal Protection of Investments. However, Bangladesh’s enormous potential for Bahrain still remains untapped, particularly in the garments, pharmaceuticals and, hospitality and tourism sectors.
On the cultural front, an MoU on Cultural Exchange Programme is awaiting to be signed to enhance people-to-people contact. A number of Bahraini nationals passing from the famous Govt. medical colleges of Bangladesh are now serving as specialist doctors in the Govt. hospitals of Bahrain.