Bangladesh–Italy relations

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Bangladesh–Italy relations
Map indicating locations of Bangladesh and Italy

Bangladesh

Italy

Bangladesh–Italy relations relate to the foreign relationship between Bangladesh and Italy. Bangladesh maintains its embassy in Rome while Italy has an embassy in Dhaka.

History[edit]

Italy established official relations with Bangladesh in 1972. In 1974, Italy was one of the countries that sponsored the admission of Bangladesh to the United Nations.[1] In 2014, Bangladesh Prime Minister Sheikh Hasina paid an official visit to Italy.[2]

Educational and technological cooperation[edit]

In 2000, an agreement on "Scientific and Technological Cooperation" was signed between Bangladesh and Italy. As per the agreement, the two countries has been exchanging scientists, researchers and technicians as well as providing study grants. Italy has been accommodating an average of 25 Bangladeshi researchers annually to study at the Abdus Salam International Centre for Theoretical Physics.[3]

Economic relations[edit]

Bangladesh and Italy have formed the 'Italy-Bangladesh Chamber of Commerce and Industry (IBCCI)' to boost bilateral economic relations. Between 2000 and 2006, the bilateral trade between the two countries increased by more than 200%.[4] As of 2012, the total amount of the bilateral trade stood at $1.286 billion, of which Bangladesh's export to Italy accounts for $1.036 billion. Bangladesh's main export items to Italy include frozen food, agri-products, tea, leather, raw jute, jute goods, knitwear, woven garments etc. Italy's chief export items to Bangladesh include machineries, electronic products, vehicles, aircraft, vessels and associated transport equipments.[5] Bangladesh and Italy have reached an agreement to address the issue of unauthorized migration to Italy. As part of a bilateral migration and mobility arrangement, Italy has agreed to welcome skilled workers from Bangladesh, with a focus on industries such as construction, shipbuilding, and hospitality. This collaboration aims to regulate migration between the two countries and ensure that the process is conducted legally and with mutual benefits in mind.[6]

Bangladeshi diaspora in Italy[edit]

As of 2016, there were 142,000 Bangladeshis living in Italy.[7]

Country comparison[edit]

Bangladesh People's Republic of Bangladesh Italy Italian Republic
Area 147,570 km2 301,340 km2
Population 162,950,000 58,728,347
Population density 1,106/km2 201,3/km2
Capital Dhaka Rome
Largest Metropolitan Areas Dhaka Rome
Government Parliamentary democracy Democratic Republic
First leader Sheikh Mujibur Rahman Camillo Benso
Current leader Sheikh Hasina Giorgia Meloni
Official languages Bengali Italian
GDP (nominal) US$438 billion US$2.328 trillion
GDP (nominal) per capita US$2,554 US$39,580
GDP (PPP) US$1.070 trillion[8] US$3.347 trillion
GDP (PPP) per capita US$5,812 US$56,905
Human Development Index 0.632 (medium) 0.906 (very high)
Foreign exchange reserves 33,100 (millions of USD) 49, 700 (millions of USD)
Military expenditures US$3.03 billion (1.2% of GDP) US$32.02 billion (2021) (1.46% of GDP)
Manpower Active troops: 300,000 (63,000 reserve personnel) Active troops: approximately 165,500 (18,300 reserve personnel)
Main religions Islam (90%), Hinduism (9.5%), Buddhism (0.6%), Christianity (0.4) and others (1%). Christianity (84.4%)
no religion (11.6%)
Islam (1%)
and others (3.0%)

See also[edit]

References[edit]

  1. ^ Centro di documentazione, Servizio delle informazione. Italy; Documents and Notes, Volume 24. Centro di documentazione. p. 413.
  2. ^ "PM off to Italy Wednesday". Dhaka Tribune. Retrieved 28 January 2015.
  3. ^ "Scientific cooperation". Embassy of Italy in Dhaka. Archived from the original on 25 November 2016. Retrieved 28 January 2015.
  4. ^ "Italy-Bangladesh trade volume doubles in 7 yrs". The Financial Express. Dhaka. Retrieved 28 January 2015.
  5. ^ "Bangladesh-Italy bilateral trade statistics" (PDF). Dhaka Chamber of Commerce and Industries. Archived from the original (PDF) on 3 July 2014. Retrieved 28 January 2015.
  6. ^ Messenger, The Daily. "Italy to take skilled workers from Bangladesh". The Daily Messenger. Retrieved 2023-06-08.
  7. ^ "The Bangladeshi Community - Annual report on the presence of migrants in Italy" (PDF). Integrazione Migranti Vivere e Lavorare in Italia. Ministero del Lavoro e delle Politiche Sociali. 2016. Archived from the original (PDF) on 14 November 2018. Retrieved 13 November 2018.
  8. ^ "World Economic Outlook Database, October 2021". International Monetary Fund. Retrieved 23 December 2021.