Bangladesh–Taiwan relations

Taiwan-Bangladesh relations

Taiwan

Bangladesh
Bangladesh agreed the replacement in UN-2758

Taiwan and Bangladesh Relations refer to international relations between Taiwan and Bangladesh. Taiwan and Bangladesh do not have official relations.

History

From October 4, 1975, Bangladesh recognized People's Republic of China and suspended diplomatic relation with Taiwan.[1] In United Nations General Assembly Resolution 2758 Bangladesh supported the replacement from Taiwan to PRC.

In 2004, the Taiwan government established Taipei Economic and Cultural Office in Bangladesh at the capital of Bangladesh. But in the case of the PRC government's obstruction, the represent office cannot exercise its power, even included issuing visas for Bangladesh citizens. In 2009, the Ministry of Foreign Affairs of Taiwan decided to close the represent office in Dhaka. After the withdrawal, affairs with Taiwanese are handled by Taiwan's represent missions in Delhi and Bangkok.[2]

By the Visa policy of Bangladesh, Taiwan citizens who with Republic of China Passport can be issuing visas on arrival. But by the Visa policy of Taiwan, Bangladesh citizens should obtain visas in Delhi or Bangkok.[3]

Economic relations

The main export products from Taiwan to Bangladesh are Petroleum, stain steel, synthetic fiber, vinyl chloride, polyacetal, epoxy, cloth and sewing machine. And from Bangladesh to Taiwan are crabs, shrimps, copper, clothing and shoes.[4]

There are over 40 Taiwanese companies investing in Bangladesh, the largest categories are clothing manufacture, shoe manufacture, aquaculture, furniture manufacture. Companies of shoe manufacture are mostly in Chittagong, and others are in the suburban side of Dhaka.[5]

The biggest Taiwanese investor in Bangladesh is Run Xing Textile Company(潤興紡織), and the second is Pou Chen Corporation, which makes running shoes for Nike, Adidas and Puma.[6] After wages increased in China and 2014 Vietnam anti-China protests, many of Taiwanese companies have decided to move their factories to Bangladesh for lower payment and stable environment.[7] But in the case of policy, many of Taiwanese companies should go through Hong Kong or Virgin Islands to invest Bangladesh.[6]

References