Bangladesh–Philippines relations
Bangladesh–Philippines relations refer to the bilateral relations between Bangladesh and Philippines.History
The Philippines recognized Bangladesh in 24 February 1972, and establish diplomatic ties. It was one of the first countries to recognise Bangladesh after its Independence in 1971. Bangladesh has a resident embassy in the Philippines and the Philippines has a resident ambassador in Bangladesh. Bangladesh opened an embassy in the Philippines on 1981.Economic relations
Bangladesh imported goods worth US$78.22 million and imported goods from the Philippines worth 19.32 million 2013-2014 fiscal year. Bangladesh is the third largest trading partner of the Philippines in South Asia. On February 2016, US$81 million was stolen from Bangladesh Bank and was laundered through a bank in the Philippines. The Philippines has repatriated 15 million dollar of the stolen money.
