UK-Bangladesh Trade Surges to Record £4.7B in 2022

Bangladeshi Foreign Minister Hasan Mahmud announced that Bangladesh and Brazil will sign an agreement of three MoUs during Brazilian Foreign Minister Mauro Vieira's visit to Dhaka on April 7-8. The agreements cover technical assistance, sports, agriculture, and defense. Hasan highlighted the significance of Brazil as an export destination, noting the untapped potential for

Bangladesh Bank reports a financial account deficit surpassing $8.36 billion by February, marking a significant increase from January and a stark contrast to last fiscal year's $2.32 billion deficit. As per the Global Economic Prospects, import restrictions and rising input costs may hinder private investment, while sluggish export growth to Europe could dampen economic prospects. The

An international trade analyst emphasized the potential of triangular cooperation among Bangladesh, India, and Japan to bolster trade, business, and economic growth. Highlighting their similarities in climate, culture, and commerce, the analyst suggested that a Comprehensive Economic Partnership Agreement (CEPA) between Bangladesh and India could create a situation akin to a free economic

Nepal extends a warm invitation to global investors, including those from Bangladesh, to participate in joint ventures as it strives for growth and shared prosperity. Nepalese Ambassador to Bangladesh emphasized the readiness to facilitate Bangladeshi investors during a pre-event seminar for the 3rd Nepal Investment Summit-2024. State Minister Nasrul Hamid highlighted the

A recent study between Bangladesh and China suggests that an FTA could lead to Bangladesh losing nearly Tk 15,000 crore annually in import duties, while also presenting significant opportunities for Chinese investment. Bangladesh's Commerce Ministry initiated discussions following a memorandum of understanding signed in 2016, conducting preliminary studies on trade in services and goods.

Bangladesh and Bhutan strengthened their bilateral ties by signing three new memorandums of understanding (MoUs) and renewing one, aimed at enhancing cooperation in various sectors. The agreements include establishing a Special Economic Zone in Kurigram, setting up a Burn and Plastic Surgery Unit in Thimphu, and technical cooperation on consumer rights. Additionally, an MoU on cultural