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Bangladesh
Foreign adviser Iftekhar Ahmed Chowdhury has said export of Bangladesh’s commodities to its South Asian neighbours is facing hurdles because of tariff barriers and restrictions.
With Malaysia and Bangladesh both forecasting sharp increases in their pharmaceutical exports, business groups are calling for the establishment of a Free Trade Agreement (FTA) between the two nations.
The four-day Thailand Exhibition 2008 began at Dhaka Sheraton Hotel yesterday with Bangkok renewing its proposal for bilateral FTA with Dhaka for boosting the two-way trade.
"There is no compelling case for an FTA with India" warns Dr Hamid Rashid, director general of the Bangladesh ministry of foreign affairs
Bangladesh is eying a free trade agreement (FTA) with its biggest trading partner China. As the country has achieved a little from many multilateral and regional deals, the government plans to improve its two-way trade with major trading partners, sources said.
The Foreign Exchange Management Act has been amended allowing Bangladeshi companies to invest in India. These changes will clear the way for India-Bangladesh bilateral investment promotion agreement.
Bangladeshi companies may soon be allowed to invest in India. The Indian government is proposing to do away with the ban on foreign direct investment from Bangladesh. It is considering an amendment to the Foreign Exchange and Management Act.
Bangladesh signed a deal with India to export 8 million pieces of readymade garments to the neighboring country with zero tariffs under the South Asia Free Trade Agreement.
The caretaker government of Bangladesh has initiated a study on the impact of striking free trade agreements (FTAs) with India, Pakistan and Sri Lanka.
Indian State Minister for Commerce Jairam Ramesh will arrive in Dhaka today on a two-day official visit to hold talks on bilateral trade.
This Chamber is being launched by the Federation of Bangladesh Chambers of Commerce & Industry and the Federation of Indian Chamber of Commerce & Industry to provide a high-level forum for accelerating economic partnerships between the two countries.
Indian Foreign Secretary Shivshankar Menon yesterday urged India’s smaller neighbours to overcome political issues to become stakeholders in the India-led regional economic growth by dismantling trade and road and water transport barriers.
Describing Bangladesh and Pakistan’s fears about having open trade with India as "completely misplaced", former External Affairs Minister Yashwant Sinha on Sunday asked them to understand the logic of mutual economic benefits which should triumph over politics.
Business houses in South Asian region are seeking specific timeframe to remove bottlenecks that hinder trade and investment in the SAARC region. It is sad to note that whatever developments take place in the business and political forums; those are not implemented at the operation level.
It remains unclear to me what the advantages of being part of the Saarc grouping are over entering into bilateral relations with each individual Saarc country instead. I have always like the concept of Bimstec instead.
Bangladesh’s business leaders are rather dismayed at India’s recent duty-free market access offer, as they have expressed the view that mere duty-free access could not ensure free flow of goods into Indian market unless non-tariff and para-tariff barriers are removed.
Business leaders Sunday expressed their dismay that the SAARC had failed to deliver "much" in the fields of economy and politics in the South Asian region, although it could attract the attention of the international community.
The SAARC countries are now striving to set a uniform product standard for the group after years of complaints by the weaker ones among them about non-acceptance of their national certifications of product quality by their stronger counterparts. It has persistently posed as a difficult non-trade barrier that has obstructed bilateral trade.
Bangladesh is likely sign the Trade and Investment Framework Agreement (TIFA) with the United
States, agreeing to Washington’s insistence of including "corruption" issue in the text.
The United States has asked Bangladesh to re-examine the possibility of restarting negotiations on the Trade and Investment Framework Agreement (TIFA) between the two countries.
