Bangladesh: a future economic major power?

Although Bangladesh is categorised as a Least Developed Country (list of the DAC) by the UN, it in fact at this time it has an annual economic growth over 5 %. This high growth rate will continue to climb and the economy prosper as a result of the countries, favourable geographical location. Not only does it lie between two of the worlds leading and fastest growing economies – China and India but over recent years it has become a bridge between the new and emerging markets in Southern Asia. Bangladesh has a stable macro-economy due to a careful monetary tax policy and the increasing numbers of exports from Bangladesh to the EU has resulted from the removal of trade barriers.

The Bangladeshi Government offers a number of very attractive tax measures related to the import & export of goods and offers assistance to those non-Bangladeshi business committing investments into the country.

In this developing country, live appr. 140 millions people, of which have 10% a Western standard of living. These 14 millions consumers, can be compared tot the similair number of Dutch consumers.