Rising instability in the Middle East is having global economic impacts, influencing energy prices, trade routes and inflation, British High Commissioner to Bangladesh Sarah Cooke said on Tuesday.
Speaking at a programme organised by the Diplomatic Correspondents Association Bangladesh at the National Press Club, she said disruptions in key shipping routes such as the Strait of Hormuz are affecting countries far beyond the region.
She noted that Bangladesh is also feeling the pressure through higher fuel costs, transport expenses and supply chain challenges.
The envoy said global tensions are increasing pressure on the international system and called for stronger cooperation to maintain stability and economic balance.
She also raised concerns about reports of Bangladeshi migrant workers facing exploitation in conflict-affected areas.
Talking about bilateral ties, she described the relationship between Bangladesh and the United Kingdom as “modern and strategic,” covering trade, investment, climate action and security cooperation.
Cooke said the UK remains committed to supporting Bangladesh’s development and economic growth as a long-term partner.
She added that the UK continues to provide trade benefits, with most Bangladeshi products enjoying duty-free access to its market, and support is ongoing for economic reforms and investment.
The envoy also highlighted efforts to tackle financial crime, saying the UK has frozen significant assets linked to Bangladeshi individuals and will host an international summit on illicit finance in London soon.
She said stronger global cooperation is needed to deal with shared challenges and ensure economic stability for countries like Bangladesh.
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