Seminar Discusses Potential of Bangladesh-Nepal Free Trade Agreement

15 March 2023

Mr. AK Abdul Momen, Foreign Minister of the Government of Bangladesh, proposed exploring the possibilities of a free trade agreement (FTA) between Bangladesh and Nepal to increase bilateral trade. He noted that there is a huge potential for mutual cooperation between the two countries in areas including energy, tourism, education, migration, and connectivity. He also underscored that both countries are set to graduate from Least Developed Country (LDC) status in 2026, thus providing opportunities to work together for a smooth LDC graduation.

He spoke at the "Celebrating 50 Years of Bangladesh-Nepal Friendship: Shared Vision of Peace, Progress and Prosperity" seminar organized by the Bangladesh Institute of International and Strategic Studies (BIISS).

 

Related link

Bangladesh considers inking FTA with Nepal

 

Bhutan has successfully completed its first trial transshipment of cargo through Bangladesh's road network and seaports, on 1...

Read More


The seventh meeting of the Bangladesh–Nepal Joint Steering Committee on Power Sector Cooperation convened in Dhaka, Bangladesh, on...

Read More


The Project Steering Committee on India-Bhutan Rail Links project met for the first time in New Delhi on...

Read More


During a bilateral meeting in New Delhi, India, Mr. Piyush Goyal, India’s Commerce Minister, and Mr. Anil Kumar...

Read More


India Prime Minister Narendra Modi’s two-day state visit to Bhutan from 11–12 November further strengthened India–Bhutan relations and ...

Read More


The Governments of Bangladesh and Sri Lanka are developing a joint tourism initiative to strengthen cooperation in the...

Read More


India and Sri Lanka are in talks to establish a ferry route between Rameswaram and Talaimannar. At the...

Read More