Industry

Bangladesh, Cambodia likely to sign FTA to promote bilateral trade

Bangladesh and Cambodia are likely to sign a Free Trade Agreement (FTA) to boost the bilateral trade between the two Asian countries.

 

Prime Minister Sheikh Hasina and Cambodian Prime Minister Hun Sen, at a bilateral meeting here in New York on Thursday, agreed to consider the matter to further expand trade cooperation.

 

Foreign Minister AK Abdul Momen said this while briefing the reporters about the activities of PM Sheikh Hasina on the sidelines of the 77th United Nations General Assembly (UNGA).

 

The bilateral meeting, held at her place of residence, discussed issues of bilateral cooperation between Bangladesh and Cambodia.

 

Hasina expressed her interest for FTA with Cambodia, while her Cambodian counterpart Hun Sen agreed to this proposal.

 

The Cambodian PM expressed his interest in signing an agreement on the export of rice from Cambodia to Bangladesh.

 

He also invited Bangladesh to invest in agricultural and physical infrastructural development in Cambodia.

 

Hun Sen assured the Bangladesh prime minister that Cambodia, as the chair of ASEAN, will continue all efforts to resolve the Rohingya issue, said Momen.

 

Source: United News of Bangladesh