Bangladesh enjoys excellent relations with Sri Lanka based on commonalities in culture, belief, values and ethos. Diplomatic relations between Sri Lanka and Bangladesh were formally established in 1972. Bangladesh High Commission in Colombo was established on 21 April 1976. Sri Lankan High Commission in Dhaka was set up in June 1979. An Honorary Consulate of Sri Lanka also operates in Chittagong.
This historical bond of friendship has become stronger through deepening engagements at the bilateral, regional and international levels.
Exchange of high-level visits and contact between leadership of the two countries on the sidelines of international meetings have consolidated the relations. The former President of Sri Lanka visited Bangladesh in April 2011. During that visit, five agreements/MoUs were signed. The Hon?ble Prime Minister of Bangladesh also visited Sri Lanka in November 2013 to attend the CHOGM-2013. After the elections in Sri Lanka, talks are underway in diplomatic channels on a high level visit from Sri Lanka to Bangladesh.
The two countries established institutional frameworks to advance bilateral relations on the right track. Bangladesh hosted the first session of FOC (Foreign Office Consultations) in Dhaka in January 2011 and Sri Lanka hosted the second session of FOC in Colombo in April 2013. The third FOC will be hosted by Bangladesh in Dhaka soon. In February 2012, Bangladesh hosted the fourth session of the JEC (Joint Economic Commission) where many initiatives for boosting trade and economic cooperation were mooted and agreed upon. The fifth JEC meeting will be hosted by Sri Lanka at mutually convenient time. Bangladesh and Sri Lanka are currently negotiating quite a number of agreements and MOUs.
The trade and investment relation between the two countries is significant. The presence of a sizable number of Sri Lankan expatriates and students in Bangladesh builds a bridge between the two countries.
The two countries are cooperating and supporting each other at various regional and international organizations such as United Nations, Commonwealth, SAARC, BIMSTEC, Indian Ocean Rim Association and Asia Cooperation Dialogue.