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Bangladesh envoy expects US$5 billion bilateral trade if FTA signed

Bangladesh envoy expects US$5 billion bilateral trade if FTA signed

10 Sept 15:37 Key points summarised by AI
  • Bangladesh anticipates a significant increase in bilateral trade with Thailand, potentially reaching US$5 billion, should both countries sign a Free Trade Agreement (FTA).
  • Officials from both nations, including Bangladesh's Ambassador and Thailand's Commerce Minister, have agreed to initiate and expedite FTA negotiations.
  • Beyond trade, Bangladesh aims to enhance collaboration with Thailand in the education sector, focusing on youth engagement, and seeks to bolster regional connectivity with ASEAN through Thailand, proposing new shipping and highway routes.
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