The EU is assisting the government of Bangladesh in its priorities of developing the economy whilst addressing social exclusion and poverty. The EU has earmarked a €403 million sum to the country 2007-13.
The EU-Bangladesh Strategy Paper (2007-13) is shaped to synchronise with Bangladesh's own response strategy to the challenges of boosting economic growth whilst dealing directly with exclusion and poverty. The EU’s €403 million package of financial support 2007-13 is provided through two multi-annual indicative programmes (MIPs) for 2007-10 and 2011-13 respectively.
The following are funding priorities:
- Human and social development– especially education (including technical and vocational education and training) to improve quality of teaching and strengthen progress made in enrolment and quality of primary schooling.
- Good governance and human rights – to strengthen the efficiency of governance institutions, improve the delivery of public services and promote the protection of human rights.
- Economic and trade development – to enhance competitiveness and the investment climate by supporting measures that improve the legal and institutional framework and the policy framework for trade and private sector development, while taking full account of the social dimension of globalisation.
In addition, assistance is provided for environment and disaster management, as well as food security and nutrition. Bangladesh is also a beneficiary of the Asia regional programme, which provides funds for business, higher education, aid for uprooted people, and environmental partnership projects.