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Bangladesh Malaysia Free Trade Agreement

“Malaysia will continue to work closely with Bangladesh to strengthen cooperation, especially in trade and investment relations,” the minister said. Interchangeable trade between the two countries amounted to $US 1.19 billion in 2012. [4] Malaysia is also one of the largest foreign investors in Bangladesh. [5] It requested the Bangladesh Trade and Tariff Commission (BTTC) to update the existing policy guidance for the 2010 Free Trade Agreement, taking into account changing global and national trade patterns. There are certainly opportunities for bilateral trade between Bangladesh and Malaysia to grow much faster, the senior economist added. Another senior MoC official said Bangladesh would try to sign a comprehensive free trade agreement with Malaysia covering trade in goods, trade in services and investment. Since Bangladesh is about to achieve developing country status, the government is working to conclude a series of bilateral trade agreements – FTAs and Preferential Trade Agreements (PTA) beforehand. . . .