A Budget for a Sustainable Future.The upcoming budget will set the course for this country's modernisation and economic diversification. We hope to see a bold, sustainability-driven vision. Our message is that the European Union -your largest market (by far) and largest source of FDI in recent years - is here to partner with Bangladesh, to maximise competitiveness and promote resilience. As Bangladesh enters a new era, the challenge is to create jobs, skill the workforce, attract the highest-quality investment to move up value chains, H.E. Michael Miller diversify exports, ensure a clean energy transition and prepare for graduation Ambassador and Head of Delegation from least developed country status.
Transparency, regulatory predictability,Delegation of the European Union a level playing field and alignment with global best practices will set the scene.in Bangladesh The right tax incentives and the right policies, implemented now, will remove distortions, help accelerate investment and place efficiency and consumer interest front and centre. Strengthened rule of law, including commercial courts, will underpin success.The European Union, through its Global Gateway strategy, working with its Member states, is supporting smart, clean, open and secure investments. Beyond such investments, where we are working with sovereign loans and directly with the private sector, we are also the biggest source of grant financing. On our table, we have the FTA request of Bangladesh, which we are assessing.
But we are already looking at how we can share our experience to support modernised tariff and IP regimes, digital customs and port services and a more diverse energy mix. All of which will help us prepare, later this year, for the organisation of a landmark EU/Bangladesh Business Forum.
