Bangladesh’s plan to purchase 14 Boeing aircraft instead of Airbus has raised concerns from the European Union, aiming for fair trade relations with the country. The move follows a tariff agreement with the US, where Biman Bangladesh Airlines is set to acquire the planes. This deal, subject to legal processes, aims to reduce the trade gap between Bangladesh and the US.
The European Union expressed disappointment as Bangladesh deviated from an earlier intention to buy Airbus aircraft. Despite a commitment during French President Macron’s visit in 2023, the order for 10 Airbus planes was never finalized. Biman Bangladesh Airlines currently operates an all-Boeing fleet, with no Airbus deliveries yet.
The EU, being a major export destination for Bangladesh, emphasized the need for balanced trade relations. With over €20 billion in exports to the EU compared to less than $9 billion to the US, concerns were raised about duty discrepancies. Seeking a level playing field, the EU highlighted the importance of fair trade practices in bilateral agreements.
Officials hinted at potential impacts on Bangladesh’s bid for GSP Plus trade status with the EU. This status would grant preferential market access, but the current aircraft procurement issue could influence the decision-making process.
