Bangladesh wants to sign CEPA with India, Sri Lanka in a year!

As Bangladesh prepares to graduate into a developing country, its Commerce Minister Tipu Munshi has said his country is keen to clinch a Comprehensive Economic Partnership Agreement (CEPA) or Free Trade Agreement (FTA) not only with India but also with Indonesia and Sri Lanka in a year.

"We want to wrap up the CEPA not only with India, which is our second-largest trading partner, as well as other countries such as Sri Lanka and Indonesia within the next one year," Munshi said.

A study on the CEPA with India will be ready by May and it will be the position paper for final negotiations, he told PTI in Kolkata on April 21, the Daily Star reported.

"Prime Minister Sheikh Hasina wants us to gear up and finalise these trade deals before 2026," Munshi said.

The CEPA had figured prominently during the last commerce secretary-level meeting between India and Bangladesh in New Delhi on March 4.

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