CEPA to shape future Dhaka-Seoul economic ties

CEPA to shape future Dhaka-Seoul economic ties
South Korean Ambassador to Bangladesh Young-sik Park today addressed the Korea-Bangladesh Policy Seminar titled 'Navigating Geopolitical Dynamics: Toward a Korea-Bangladesh Future Partnership' at a city hotel this afternoon. Photo: Collected

Online Desk

Published: 2025-11-09 19:54:19

South Korean Ambassador to Bangladesh Young-sik Park today said that the proposed Comprehensive Economic Partnership Agreement (CEPA) between Dhaka and Seoul will serve as the foundation for the two countries’ future economic co-operation.

“The ongoing CEPA negotiations, which will serve as the framework for our future economic partnership, will be an important milestone in advancing Korea–Bangladesh relations,” he said.

The envoy was addressing the Korea–Bangladesh Policy Seminar titled ‘Navigating Geopolitical Dynamics: Toward a Korea–Bangladesh Future Partnership’ at a city hotel this afternoon.

Ambassador Park emphasised Korea’s long-standing support for Bangladesh’s development and the need to prepare for the next phase of the bilateral partnership.

“Korea has a unique development experience, having transformed from an aid recipient to a donor country. Just as our co-operation in the RMG sector contributed to Bangladesh’s economic growth, Korea will continue to expand collaboration across trade, investment, and other key areas,” he said.

The seminar brought together policy experts, academics, development partners, and private-sector representatives to discuss strategies for strengthening co-operation amid shifting global dynamics.

Moderated by former ambassador Farooq Sobhan, the event explored key geopolitical and economic trends to further deepen the partnership. Among the speakers were Ambassador Humayun Kabir, Ambassador Mustafizur Rahman, Professor Dr Parvez Karim Abbasi, and Dr Selim Raihan from Bangladesh, alongside Dr Song Kyungjin, Dr Lee Soon-cheul, and Dr Song Chi-ung from Korea.

Participants observed that the discussions reflected the steady growth of Korea–Bangladesh relations over the past five decades and underscored the need to expand co-operation in advanced manufacturing, infrastructure such as roads, ports and power, digital transformation, and people-to-people exchanges.