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Bangladesh-UK strategic dialogue: Significance in the post-Brexit era

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Increasing trade and investment ties between the UK and Bangladesh

On September 12th, Bangladesh and the UK held their fifth strategic dialogue. The future of Bangladesh’s ties to the United Kingdom in the wake of Brexit has been the subject of much conjecture. Analysts questioned Dhaka’s duty-free access to Britain, which has been generous to an LDC economy like Bangladesh’s, as the UK prepared for its exit from the EU. However, the United Kingdom and Bangladesh have weathered these worries quite well. Rather, the statement by FCDO Permanent Under-Secretary Sir Philip Barton during the dialogue, sums up the strength of Bangladesh-UK relations in current times- “The Dialogue is a reflection of the growing relationship between our two countries, and our desire to work together more closely on our economic, trade and development partnerships and on regional and global security issues.”

Dhaka and London are having a great year on cooperation and connectivity. In the post Brexit era, the year 2023 seems like to be the year that will shift the ties between these countries from a bilateral partnership to each other’s crucial strategic partner in the current geo-politics.

Prime Minister Sheikh Hasina went to participate in the formal inauguration of the new King Charles III of the United Kingdom earlier this year. UK Prime Minister Rishi Sunak had only good things to say about Bangladesh during the visit. This is also reflected in London’s post-pandemic approach to Dhaka.

Bangladesh-UK held their first ever defense dialogue in March of 2022 where they discussed various ways of strengthening cooperation including defense, security and trade and climate change. This year started with the second Bangladesh-UK Trade and Investment Dialogue on February. Both the UK and Bangladesh agreed during the discussion that they would want to enhance their trade connection in order to increase their prosperity. This discussion was followed by signing an agreement on March for working together in climate action bilaterally and multilaterally to help deliver the outcomes of COP26 and COP27.

UK’s Indo-Pacific Minister Anne-Marie Trevelyan signed the doctrine during her visit to Bangladesh which also signifies UK’s understanding of Bangladesh’s geostrategic importance in the Bay of Bengal and in the Indian Ocean.

So, this dialogue was surely a much anticipated one among the foreign ministries of these countries.

The provisional agenda included the state visit of President Mohammed Shahabuddin to the United Kingdom in November and the possible visit of British King Charles III (Charles Philip Arthur George) to Bangladesh in 2024. Other than that bilateral trade, investment, and market opportunities; migration, mobility and a new visa scheme for students are expected to be at the top of the agenda. Discussions on the Russia-Ukraine conflict and the Rohingya crisis will also be featured.

The more complex agendas this year include discussions on mutual legal assistance and the extradition of convicted persons.

But Bangladesh has failed to gain an extradition treaty with UK. Although both countries agreed to constitute a joint working group to discuss migration, mobility and mutual recognition of qualifications, and agreed to sign a standard operating procedure (SOP) on returns of Bangladesh nationals in irregular situations in the UK.

The discussions regarding extradition issues if was fruitful, it might have helped the government to bring fugitives to national justice finally. Except this, the strategic dialogues between these countries in recent years have usually brought deep discussions and decisions on bilateral issues.

On the first of this strategic dialogue was in 2017, the issue of defense purchase was discussed- a much needed ground setting for the Forces Goals 2030 of Bangladesh. On the last edition of this dialogue, held in London back in 2021, the UK pledge to extend duty-free, quota-free access to its market until 2029, aiming to facilitate Bangladesh’s export-led growth.

Not only that, UK also added Bangladesh’s name to the list of the Developing Countries Trading Scheme (DCTS) where the country will experience a more simplified regulation system and reduced tariffs on its products entering the UK. This only adds to UK’s commitment towards Bangladesh’s development – where the country is already one of the biggest developing partners of Bangladesh.

UK’s such generosity towards Bangladesh isn’t only because of the benevolence of its heart. The country is now out of the shell of EU, certainly has to widen its reach across other regions. Indo-Pacific is its preferred place to start.

Bangladesh’s geostrategic location between China and the Indian Ocean with its advantage of having a gate way to Southeast Asia makes Bangladesh seemingly the perfect candidate for UK’s strategic interests. Both countries have also announced their Indo-pacific policies which focuses mainly on their economic aspirations. With such resonating goals for the region, the countries can definitely build a bigger stage of collaboration with each other.

The countries used this occasion as the pinnacle of their further economic cooperation as Bangladesh and the UK have agreed to create new institutional cooperation to promote business, trade, investment and are considering signing a new MoU on economic cooperation. They also discussed potential increase of cooperation and capacity building on global and regional security issues of mutual interest, including maritime and blue economy goals in the Bay of Bengal in the Indian Ocean.


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The UK also announced a further £3m contribution to the Rohingya response, taking its total contribution since 2017 to £368m.

Another important discussion was on defense and cooperation where UK expressed its interest in selling advanced weapons to Bangladesh for protecting its air and maritime territory.

UK already recognizes Bangladesh as a critical stability provider in the Indo-Pacific and as both the countries have played their cards right, one could argue that bilateral ties are stronger than ever before. The dialogue has served as a further golden thread binding their visionary future together.

 

Writer:
Sadia Aktar Korobi
Studying at University of Dhaka in the Department of Peace and Conflict Studies (MSS)

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Dulal Ahmed Chowdhury is the Editor of The Daily Dazzling Dawn. Previously, he has been serving in important positions in all the famous national dailies of the Bangladesh since the nineties. He has played a commendable role in journalism by participating in various events at the national and international levels. United Nations Conference, World Climate Conference, SAARC Summit are notable among them.

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