The signing of preferential trade agreements with Nepal, Bhutan and Indonesia has been delayed for months as the economy is battling the global COVID-19 fallout, officials have said.
Bangladesh and India are set to start a joint study on the signing of an advanced free trade area deal under the banner of comprehensive economic partnership agreement, or CEPA, said officials.
Early this month, the US-Bangladesh TICFA Council held its fifth meeting in Dhaka. Though there was no concrete outcome in the meeting, media reports suggest that Bangladesh expected some breakthrough in reinstating the GSP.
Bangladesh and Nepal have agreed to sign a Free Trade Agreement to enhance trade between the two countries.
India and Bangladesh on Thursday held discussions on a joint study for the proposed free trade agreement and harmonisation of standards with a view to boost two-way commerce.
Now that the February 23 deadline for the court directive to pay Tk2,000 crore audit dues to the telecom regulator looms, Telenor hopes that the ongoing audit dispute can be settled without resorting to international arbitration.
Thailand and Bangladesh will kick off talks to establish a free trade agreement. The Thai cabinet has also approved a proposal to sign an FTA with Turkey.
Telenor, the principal investor of Bangladesh’s leading mobile phone operator Grameen Phone, has served a legal notice to the President of Bangladesh seeking arbitration.
As with many other countries, Pakistan’s FTA with China has had a devastating impact on its domestic SMEs. Beijing and Islamabad have a strategic partnership, but the Chinese remain cutthroat competitors in trade.
The Bangladesh Tariff Commission recommended signing a preferential trade agreement with Nigeria.
Bangladesh gives the highest priority to free trade agreement for expansion of the country’s trade and export, Commerce minister said
With the serving of show-cause notices on Robi and Grameenphone as to why their licences will not be cancelled for not paying the so-called ‘dues’, the Bangladesh Telecommunication Regulatory Commission has come closer to facing investment lawsuits.
Signing a free trade agreement with the United States will not be viable for Bangladesh if the US does not agree to enter into such agreement only on trade in goods, trade officials said referring to a government feasibility study.
Bangladesh, India, Malaysia, Singapore, South Korea.
Bangladesh will form a committee to negotiate signing Free Trade Agreement (FTA) with Malaysia.
Leaders of the Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation or BIMSTEC have promised to make a “peaceful and prosperous” Bay of Bengal region on the 22 years of inception of this grouping of seven countries.
Three investment cases brought against Bangladesh to the International Centre for Settlement of Investment Disputes by foreign investors largely curved the regulatory powers of Bangladesh for public purposes.
Bangladesh will resume the long-stalled negotiation on free trade pact with Malaysia soon to pave the way for a greater trade and investment opportunities for both countries.
Bangladesh has expressed it interest to sign FTA with South American trade bloc Mercosur at an early date to tap the under-exploited South American market.
Bangladesh is considering entering into a free trade agreement with Mercosur, a South American trade bloc, finding potentials for export of some major products produced in the country.