Bangladesh-Spain relations



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Map indicating locations of Bangladesh and Spain






Bangladesh–Spain relations refers to interstate relations between Bangladesh and Spain. Bangladesh maintains its embassy in Madrid while Spanish embassy is located in Dhaka.




Economic relations

Both countries enjoy warm diplomatic relations. Spain planned an event in 2014 to promote investment in Bangladesh.

Invest in Bangladesh

Here is a link to a guide from ICEX (Spanish Institute for Foreign Trade) on how to invest in Bangladesh (in Spanish):


The government has initiated various policy initiatives to promote socio-economic development. Policies of liberalization, deregulation and reforms have been combined together to bring about changes in tune with globalization challenges.

The private sector is playing an increasingly active role in the economic life of the country, while the public sector concentrates more on the physical and social infrastructure.

Bangladesh is in the process of transition from a predominantly agrarian economy to an industrial and service economy.

The garment industry is massive and one of the most impressive in the world.

The Bangladesh economy is developing quickly but it remains an economy in transition. The ready-made garments industry is responsible for nearly 80% of the country’s export revenue. Other sectors such as seafood, ceramics, pharmaceuticals and software development are growing and contributing positively to Bangladesh’s economy.

Foreign investment, including from Spain, has begun to filter into Bangladesh in these sectors, particularly in garments. Local companies involved in exporting need foreign machinery, equipment, services and expertise to improve the quality of the products they offer to international markets. The economy’s biggest asset is its plentiful supply of a competitive labor force.


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