The senior officers of various ministries involved immediately
agreed to signal the Comprehensive Economic Partnership Agreement
(CEPA) with India to develop commerce and funding with the
neighbouring nation.
The inter-ministerial assembly on CEPA was attended by the
officers of some vital ministries, together with overseas, labour,
commerce, dwelling affairs, together with totally different departments of
companies of the federal government on the commerce ministry in Dhaka.
Tapan Kanti Ghosh, senior commerce secretary, chaired the
assembly.
“In the inter-ministerial assembly, all of the senior officers of
the ministries involved agreed that the negotiation with India for
signing the CEPA might be began,” Abdur Rahim Khan, further
secretary to the commerce ministry, informed The Daily Star over
telephone.
The negotiation of the CEPA with India is part of the
authorities’s large initiatives to signal commerce offers with main
buying and selling companions to retain the responsibility profit after the nation’s
commencement to a creating nation in 2026.
However, CEPA is just not solely a Free Trade Agreement (FTA) or a
Preferential Trade Agreement (PTA), additionally it is a broader form of
commerce deal that covers points like funding and employment.
Recently the parliament additionally adopted a regulation on signing the FTA,
PTA and CEPA with the potential and main buying and selling companions because the
nation might want to retain the responsibility profit after its LDC
commencement.
In a go to to India in April this yr, Commerce Minister Tipu
Munshi mentioned Bangladesh is eager to clinch the CEPA with India in a
yr.
Both Bangladesh and India had agreed to signal the CEPA in
2018.
