The document discusses the challenges and opportunities for businesses from Bangladesh in the French market. Some of the key challenges include overcoming language barriers, adapting to cultural differences, and dealing with various trade barriers. However, France also represents opportunities as it is a major importer of Bangladeshi goods and there is demand for products and services. Recent visits by the French president aimed to boost bilateral trade through infrastructure loans, climate cooperation, and facilitating trade under EU agreements.
The document discusses the challenges and opportunities for businesses from Bangladesh in the French market. Some of the key challenges include overcoming language barriers, adapting to cultural differences, and dealing with various trade barriers. However, France also represents opportunities as it is a major importer of Bangladeshi goods and there is demand for products and services. Recent visits by the French president aimed to boost bilateral trade through infrastructure loans, climate cooperation, and facilitating trade under EU agreements.
The document discusses the challenges and opportunities for businesses from Bangladesh in the French market. Some of the key challenges include overcoming language barriers, adapting to cultural differences, and dealing with various trade barriers. However, France also represents opportunities as it is a major importer of Bangladeshi goods and there is demand for products and services. Recent visits by the French president aimed to boost bilateral trade through infrastructure loans, climate cooperation, and facilitating trade under EU agreements.
The document discusses the challenges and opportunities for businesses from Bangladesh in the French market. Some of the key challenges include overcoming language barriers, adapting to cultural differences, and dealing with various trade barriers. However, France also represents opportunities as it is a major importer of Bangladeshi goods and there is demand for products and services. Recent visits by the French president aimed to boost bilateral trade through infrastructure loans, climate cooperation, and facilitating trade under EU agreements.
Language barrier: Businesses from Bangladesh will need to
overcome the language to operate business in the French market Cultural differences: Understanding and adapting to French business, culture, etiquette, and communication norm is crucial for building relationship and trust. Tariffs and other trade barriers: A number of tariffs and other trade barriers can make it difficult for businesses from Bangladesh to export to France Opportunities for businesses from Bangladesh in the French market
Large and growing markets: France is the fifth
largest importer of Bangladeshi goods worldwide Demand for Bangladeshi products and services Free trade agreement Bangladesh can export their products to France without paying tariffs. This can help to reduce the cost of doing business in France. France also has some opportunities in term of operating businesses in Bangladeshi market.
Large consumer market
Demand for high-quality products and services Government Support The impact of the recent visit of French president to Bangladesh on the bilateral trade between the two countries
Signed a deal to provide loans and satellite technology to
Bangladesh that will help Bangladesh to finance infrastructure projects, This will help to boost the country's infrastructure and manufacturing sectors, which are major drivers of its economic development. Agreed to work together on projects involving the impacts of climate change. This cooperation could help Bangladesh to adapt to the challenges of climate change and build a more sustainable future Exporting manpower to France can be an area of discussion during Macron’s visit. Reiterated its commitment to facilitate trade with Bangladesh under the European Union's Generalized Scheme of Preferences Plus (GSP+).