Bangladesh faces significant hurdles in benefitting from duty-free market access to China, the world's second-largest economy, due to various systemic and strategic issues. Business leaders emphasize the necessity of signing a Free Trade Agreement (FTA) with China to boost Bangladeshi exports. A recent study by the Research and Policy Integration for
Tag: trade
UK to strengthen ties with Bangladesh on trade, security
British High Commissioner to Bangladesh Sarah Cooke on Wednesday said that the UK would work with Bangladesh to further strengthen Dhaka-London ties on trade and security partnership fronts. "We discussed working together, strengthening UK Bangladesh ties, boosting our trade and investment, strengthening our security partnership," she told reporters after holding a
S. Korean envoy, BGMEA President discuss ways to boost trade, investment
South Korean Ambassador to Bangladesh Park Young Sik on Monday met President of Bangladesh Garment Manufacturers and Exporters Association (BGMEA) Faruque Hassan and discussed ways to boost trade and investment between the two countries. BGMEA Director Neela Hosna Ara, Chair of BGMEA Standing Committee on Trade Fair Mohammed Kamal Uddin and
EBL opens China Business Desk
Eastern Bank Ltd (EBL) launches EBL China Business Desk on Sunday, a press release said on Monday. To facilitate cross-border business initiatives and banking services for trade business between China and Bangladesh, Eastern Bank Ltd (EBL) inaugurated a separate China Business Desk. The inaugural ceremony was addressed by Planning Minister, MA
Dhaka poised to get sustained trade, inv inflows: DBS CEO
Bangladesh's proximity to India and China puts it in a good position to receive sustained trade and investment inflows from these rising regional giants, says DBS Chief Executive Officer Piyush Gupta. In particular, sectors such as telecommunications, gas and petroleum, power, as well as textiles and apparels, present attractive business opportunities
Prime Bank receives $50m from IFC to support trade, forex liquidity needs in Bangladesh
To support export and import-based businesses in coping with global uncertainties induced by the Covid-19 pandemic, International Finance Corporation (IFC) is providing $50 million to Prime Bank Limited in Bangladesh. This IFC funding will support working capital, trade finance, and foreign exchange liquidity needs of export and import based entities borrowing
Dhaka eyes deeper relations with Latin America
Bangladesh sees scopes to work closely with the Latin American countries on multiple fronts including trade and investment; and Argentine Foreign Minister Santiago Andres Cafiero's impending visit is part of Dhaka's efforts to diversify and deepen the relations."You are aware that a new dimension has recently been added in terms
Go beyond trade and invest in Bangladesh: Hasina urges Indian businesses
Prime Minister Sheikh Hasina on Wednesday said Bangladesh-India cooperation should go beyond trade to derive larger gains. "It should include investment, finance, services, technology transfer, and be placed within the context of regional cooperation," she said. The prime minister was addressing an business event, jointly organised by the Federation of Bangladesh Chambers
Bangladesh-Myanmar trade on rise despite strained relations
Despite strained relations between Bangladesh and Myanmar over rehabilitation of Rohingya refugees, the bilateral trade between the two neighbouring countries has been on the rise, competent sources said. The trade between Bangladesh and Myanmar was recorded at 164.07 million US dollars with Myanmar enjoying the trade surplus during the 2021, according
BGMEA seeks Foreign Minister’s support in boosting trade
BGMEA President Faruque Hassan has stressed the need for intensifying diplomatic efforts to explore trade opportunities and facilitate exports including ready-made garments, a press release said Thursday. He said more constructive dialogues and engagement with governments and stakeholders at international level are required to ensure Bangladesh’s economic growth continues even after