BD and Japan Agree to Sign EPA to Boost Trade Partnership

Economic Tag: Trade

Bangladesh and Japan are set to sign an Economic Partnership Agreement (EPA) by late 2025 or early 2026, aiming to strengthen bilateral trade and investment. The announcement came during the launch of the “EPA Study Report” at the Japanese Embassy in Dhaka on Wednesday. The Japan-Bangladesh Chamber of Commerce and Industry (JBCCI) initiated the report through the consulting firm Policy Exchange of Bangladesh Limited. Highlighting EPA’s significance, JBCCI Executive Director Md Emran stated that the agreement will secure duty-free market access for Bangladesh post-LDC graduation in 2026.

Japanese Ambassador Iwama Kiminori commended JBCCI’s efforts and expressed hope for accelerated progress using the report’s insights. JBCCI President Manabu Sugawara emphasized EPA’s potential to boost trade and investment, while Policy Exchange Chairman M Masrur Reaz outlined its benefits and challenges. The EPA is seen as a vital step for deepening economic ties and addressing post-graduation trade challenges for Bangladesh.

Source for more details:

Related News

Pakistan and Bangladesh Trade Sees Positive Reforms

November 21, 2024

Pakistan's High Commissioner to Bangladesh, Syed Ahmed Maroof, stressed that trade will be a key driver of future Pakistan-Bangladesh relations, enhancing economic, political, and cultural ties.

India Seeks Enhanced Stability in Bangladesh Relations

November 19, 2024

At the Bay of Bengal Conversation organized by the Centre for Governance Studies (CGS) in Dhaka on November 17, 2024, the Indian High Commissioner emphasized the enduring stability of India-Bangladesh relations, noting that despite political turbulence in Bangladesh, their bilateral ties continue to thrive across trade, transport, energy connectivity, and people-to-people exchanges.

Bangladesh Urges Brazil to Back BRICS Bid and Trade Deal

November 17, 2024
Fisheries and Livestock Adviser Farida Akhter urged Brazil to invest in Bangladesh and support its BRICS bid and trade agreement with Mercosur during a reception marking Brazil's Independence Day. Brazilian Ambassador Paulo Fernando Dias Feres expressed optimism about growing economic ties, citing recent Brazilian trade missions to Bangladesh.

BD and Japan Agree to Sign EPA to Boost Trade Partnership

November 17, 2024

Bangladesh and Japan are set to sign an Economic Partnership Agreement (EPA) by late 2025 or early 2026, aiming to strengthen bilateral trade and investment. The announcement came during the launch of the "EPA Study Report" at the Japanese Embassy in Dhaka on Wednesday

Japan and BD Seek Stronger Ties Through Economic Partnership

November 8, 2024

Japan is negotiating an Economic Partnership Agreement with Bangladesh to strengthen economic ties, with a focus on development projects like the Dhaka Metro Rail. Japanese Ambassador IWAMA Kiminori, speaking at the Chattogram Chamber of Commerce and Industry, highlighted Chattogram’s strategic role in South Asia and Japan’s commitment to supporting investment and human resource growth.

LDC Graduation Spurs BD to Pursue EPA with South Korea

November 4, 2024

South Korean Ambassador to Bangladesh, Park Young-sik, stressed the urgent need for an Economic Partnership Agreement (EPA) as Bangladesh nears its graduation from least developed country (LDC) status on November 24, 2026. At the "Korea-Bangladesh Economic Cooperation" seminar, he highlighted that swift negotiations are vital for market access and foreign investment.

Related News

Pakistan and Bangladesh Trade Sees Positive Reforms

November 21, 2024

Pakistan's High Commissioner to Bangladesh, Syed Ahmed Maroof, stressed that trade will be a key driver of future Pakistan-Bangladesh relations, enhancing economic, political, and cultural ties.

India Seeks Enhanced Stability in Bangladesh Relations

November 19, 2024

At the Bay of Bengal Conversation organized by the Centre for Governance Studies (CGS) in Dhaka on November 17, 2024, the Indian High Commissioner emphasized the enduring stability of India-Bangladesh relations, noting that despite political turbulence in Bangladesh, their bilateral ties continue to thrive across trade, transport, energy connectivity, and people-to-people exchanges.

Bangladesh Urges Brazil to Back BRICS Bid and Trade Deal

November 17, 2024
Fisheries and Livestock Adviser Farida Akhter urged Brazil to invest in Bangladesh and support its BRICS bid and trade agreement with Mercosur during a reception marking Brazil's Independence Day. Brazilian Ambassador Paulo Fernando Dias Feres expressed optimism about growing economic ties, citing recent Brazilian trade missions to Bangladesh.

BD and Japan Agree to Sign EPA to Boost Trade Partnership

November 17, 2024

Bangladesh and Japan are set to sign an Economic Partnership Agreement (EPA) by late 2025 or early 2026, aiming to strengthen bilateral trade and investment. The announcement came during the launch of the "EPA Study Report" at the Japanese Embassy in Dhaka on Wednesday

Japan and BD Seek Stronger Ties Through Economic Partnership

November 8, 2024

Japan is negotiating an Economic Partnership Agreement with Bangladesh to strengthen economic ties, with a focus on development projects like the Dhaka Metro Rail. Japanese Ambassador IWAMA Kiminori, speaking at the Chattogram Chamber of Commerce and Industry, highlighted Chattogram’s strategic role in South Asia and Japan’s commitment to supporting investment and human resource growth.

LDC Graduation Spurs BD to Pursue EPA with South Korea

November 4, 2024

South Korean Ambassador to Bangladesh, Park Young-sik, stressed the urgent need for an Economic Partnership Agreement (EPA) as Bangladesh nears its graduation from least developed country (LDC) status on November 24, 2026. At the "Korea-Bangladesh Economic Cooperation" seminar, he highlighted that swift negotiations are vital for market access and foreign investment.

BUSINESSMONITOR

Connect with


Dont Have Account? Please register Here