ISDS Case Map
Bangladesh
Bilateral trade between Bangladesh and India rose nearly 20 per cent to more than US$ 4.50 billion in the fiscal year (FY) 2011-12 following reduction of sensitive lists by the relevant authorities in both the countries in late 2011.
Turkey is offering to pursue a Preferential Trade Agreement (PTA) with Bangladesh, but the two sides have not taken a potential Free Trade Agreement (FTA) off the table, officials said at a recent meeting of top economic officials here.
Signed with much fanfare, an Indo-Bangladesh deal on further trade between two countries is yet to take off
Bangladesh's Ministry of Finance has opposed the move of striking an agreement on bilateral Free Trade Area with Malaysia fearing the proposed deal, if signed, would only increase the trade deficit for Bangladesh.
Malaysia and Bangladesh are expected to commence negotiations for a proposed free trade agreement (FTA) in the near future, said Bangladesh High Commissioner to Malaysia, A.K.M. Atiqur Rahman.
Prime Minister Manmohan Singh and chief ministers of eastern and northeastern states will push for a thaw in relations with Bangladesh by talking trade next week. And trade with Bangladesh invariably means textiles.
Bangladesh has sought duty-free access of all its products to the Indian market to bring down the trade gap between the two neighbouring countries, Commerce Minister Faruk Khan said.
Dhaka is moving ahead steadily to sign an accord on a bilateral Free Trade Area (FTA) with Kuala Lumpur as the ministry of commerce (MoC) has recently sent its "well-guarded position", containing a template on the proposed FTA to the Malaysian government, a top ministry official said.
In Bangladesh, the Prime Minister's Office has asked the ministry of commerce to expedite the process of negotiations with the United States to finalise the proposed Trade and Economic Cooperation Forum deal immediately, sources said.
Disagreement on the issue of workers' union in EPZs is standing in the way of Bangladesh signing the Trade and Investment Cooperation Forum Agreement (TICFA) with the US, according to the commerce minister.
