Compiled features on recent developments in regional cooperation and integration in the SASEC region.
The Government of Bangladesh will sign a free trade agreement (FTA) with the Government of Thailand, according to Commerce Minister of the Government of Bangladesh Tofail Ahmed. The FTA promises to boost trade between the two countries, which stands around $2 billion.
Tags: Bangladesh, Thailand, FTA, Trade, Imports, Exports
Bangladesh’s 7th five-year plan focuses on bilateral free trade area with India and preferential trade area agreements with China to facilitate exports to these countries. India and China are important trading partners for Bangladesh due to their vast economies. The 7th five-year plan also prioritizes market diversification by exploring emerging potential markets to lessen dependence on European Union and the United States.
Tags: China, India, FTA