Bangladesh
Singapore and Bangladesh share warm bilateral economic ties built on expanding trade and investment flows, as well as strengthening business linkages. Both countries are strengthening economic cooperation through bilateral engagements.
Last updated on 12 November 2026
Singapore-Bangladesh Economic Relations
Singapore and Bangladesh share longstanding relations, having established diplomatic ties in 1972 shortly after Bangladesh’s independence. Bangladesh is an important economic partner for Singapore, offering a large and growing consumer market, a competitive manufacturing base, and a dynamic workforce.
Singapore also hosts a significant number of Bangladeshi workers who have made meaningful contributions to Singapore's development, particularly in the construction and marine sectors. These communities contribute to the strong people-to-people ties between the two countries.
Bilateral Agreements involving Bangladesh
Bangladesh-Singapore International Investment Agreement (IIA)
The Bangladesh-Singapore IIA entered into force on 19 Nov 2004 and provides a framework for promoting and protecting investments between Singapore and Bangladesh. The agreement offers investors from both countries greater certainty and confidence by establishing clear rules on the treatment and protection of investments.
Bangladesh-Singapore Bilateral Investment Treaty (BIT)
The Bangladesh-Singapore Bilateral Investment Treaty (BIT) is a bilateral agreement signed on June 24, 2004, and entered into force on November 19, 2004, to promote and protect investments between the two nations.