A meeting between the commerce secretaries of Bangladesh and India is likely to be held in Dhaka next month to review the progress towards signing a comprehensive economic partnership agreement (Cepa) to increase bilateral trade and investment.
The commerce ministry has formed two separate committees to start negotiations with India over signing a proposed Comprehensive Economic Partnership Agreement (Cepa) to boost bilateral trade and investment in the post-LDC period.
Formal negotiations for signing a comprehensive economic partnership agreement (Cepa) with India are expected to begin this week during a visit of Tipu Munshi, the commerce minister of Bangladesh, to the neighbouring country.
Joint India-Bangladesh feasibility study on CEPA gains momentum United News of Bangladesh (UNB)
Bangladesh, May 19 The Bangladesh Foreign Trade Institute (BFTI) virtually organised the first stakeholder consultation meeting of the joint study on a Comprehensive Economic Partnership Agreement (CEPA) between Bangladesh and India on Wednesday.
The meeting was solely focused on the investment section of the joint study.
Dr Md JafarUddin, Senior Secretary, Ministry of Commerce and the Chief Guest of the meeting, said, Mutual recognition in the area of investment and trade between Bangladesh and India can strengthen the historical bonding and create more opportunities for growth.
Md Obaidul Azam, Chief Executive Officer (In-charge), BFTI who chaired and moderated the event, put emphasis on increasing bilateral investment flows between two countries considering the potentials.