Bangladesh and Indonesia on Thursday stressed early signing of Preferential Trade Agreement (PTA) within the ambit of which potential export items from both countries would be allowed to enter duty free, reports UNB.
The country’s negotiations with Nepal over the signing of Preferential Trade Agreement are moving at a snail’ space due to the difference of opinion on fiscal benefits.
In recent times, the discussion on CEPAs has gained considerable traction in Bangladesh. Policymakers and trade officials have mooted the idea of signing CEPAs with a number of Bangladesh’s trading partners.
Japan has shown its reluctance to take forward a proposal by Bangladesh for conducting a joint feasibility study on the possibility to sign a free trade agreement (FTA) between the two countries.
Nations of the D-8 should sign a much-needed preferential trade agreement to remove tariff and non-tariff barriers, ministers and entrepreneurs of the trade bloc said.
Bangladesh and India have begun talks on signing a comprehensive economic partnership agreement (CEPA) to enhance trade relations.
Dhaka has expressed its keen interest to sign a free trade agreement (FTA) with Colombo to exploit the huge potential of bilateral trade between Bangladesh and Sri Lanka.
India and Bangladesh are expected to sign an economic partnership agreement over the next five years which will preserve trade rights for Bangladesh.
Nepali officials said a trade deal between the two neighbours was unlikely until the other duties or charges on listed goods is dropped to zero.
India and Bangladesh decided to move forward expeditiously on a feasibility study for comprehensive free trade agreement.
Dhaka and New Delhi are preparing a joint study report to sign a comprehensive economic partnership agreement (CEPA) to boost bilateral trade and investment once Bangladesh becomes a developing nation.
The government has backtracked from a plan to propose the United States for signing a free trade area deal considering its lack of preparedness, an official says.
Bangladesh is increasingly emphasising bilateral preferential trade agreement and free trade agreement to boost its export earnings in the next three to six years.
Bangladesh has formally initiated negotiations with the Association of South-East Asian Nations (Asean) to sign a free trade agreement.
The revenue board has suggested refraining from signing any free trade or preferential trade agreements with the countries having huge trade gap with Bangladesh.
Bangladesh will request Japan to commence a joint feasibility study on the signing of a free trade area agreement to help boost bilateral trade, officials said.
Bangladesh and the US have begun discussions to explore possibilities of a Free Trade Agreement as part of efforts on economic recovery from the depths of the coronavirus pandemic.
Thailand hopes to sign a free trade agreement with Bangladesh soon, outgoing Thai Ambassador to Bangladesh has said.
Bangladesh has demanded zero-duty benefit on export of 140 products to Nepal as both governments look towards finalising a preferential trade agreement (PTA) on the third week of next month.
Indonesia has shown its keen interest to finalize the preferential trade agreement with Bangladesh, with an aim to boost bilateral trade between the two countries.