Bangladesh and Bhutan Engage in Talks to Strengthen Trade and Economic Ties

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Dhaka: Top leaders of Bangladesh and Bhutan at a bilateral meeting here today discussed strengthening trade and economic cooperation and a plan to formally launch discussions on a bilateral free trade agreement (FTA) between the two countries. Chief Adviser Professor Muhammad Yunus and visiting Prime Minister of Bhutan Tshering Tobgay led their respective sides at the meeting at the Chief Adviser’s Office (CAO) in the city’s Tejgaon area this afternoon, said Chief Adviser’s Press Wing.



According to Bangladesh Sangbad Sangstha, during the meeting, the two leaders discussed a wide range of issues covering the entire spectrum of Bangladesh-Bhutan relations, including trade, energy, education, tourism, internet cooperation, transport, healthcare, environment, water resources, investment, and aviation. Prime Minister Tobgay emphasized the need for deeper trade and economic cooperation, expressing Bhutan’s eagerness to sign the FTA “as quickly as possible” and hoping that Bhutan would become the first country to conclude a free trade deal with Bangladesh.



The discussions also highlighted the previous preferential trade agreement concluded between Bangladesh and Bhutan in 2020. Professor Yunus described Bhutan as “a very important friend of Bangladesh,” emphasizing Bhutan’s role in Dhaka’s vision for regional trade and economic cooperation. He noted the shared history between the two nations and expressed his dedication to building a common future.



Additionally, the leaders agreed on establishing a joint working group to promote two-way tourism. Professor Yunus expressed hope for increased Bhutanese tourism exploring Bangladesh’s Buddhist heritage. The two countries also signed memoranda of understanding on healthcare services and the trade of international internet bandwidth, with both leaders witnessing the ceremony. Under the internet bandwidth agreement, Bhutan will import bandwidth from Bangladesh, which is expected to strengthen Bhutan’s digital connectivity.



Furthermore, Bangladesh announced an increased number of seats for Bhutanese students in its medical colleges. The Bhutanese Prime Minister acknowledged the contribution of Bangladeshi medical institutions to Bhutan’s healthcare sector. The prospect of importing hydropower from Bhutan and the possibility of a trilateral agreement involving India to facilitate electricity trade were also discussed.



The Chief Adviser reiterated the interim government’s commitment to building a foundation for a shared, long-term future with all neighbors. Prime Minister Tobgay praised the leadership of the Chief Adviser and the interim government for ensuring peace and stability during a transitional period in Bangladesh. He also shared personal gratitude for the warm reception he received upon arrival and fondly recalled past interactions with Professor Yunus.



High-level officials, including advisers from finance, energy, home, health, commerce, and telecommunications sectors, attended the talks, highlighting the comprehensive nature of the discussions aimed at fostering stronger Bangladesh-Bhutan relations.